Why Live in Downtown Elizabeth
Downtown Elizabeth is a vibrant neighborhood known for its historical significance and cultural diversity, located just outside New York City. The area is characterized by a mix of duplexes, multifamily units, and traditional single-family homes, including Colonial Revivals. Residents enjoy wide streets and driveways, facilitating easy navigation. The neighborhood's cultural richness is reflected in its dining scene, with options like Rancho Mateo Colombian Steakhouse and Del Porto Ristorante in nearby Elizabethport. Annual events such as Portugal Day and the Tour De Elizabeth highlight the community's lively spirit. For those seeking things to do, Jefferson Park offers playgrounds and exercise equipment, while the Elizabeth River Trail provides a scenic 2-mile path. Education is served by the Elizabeth Public School District, with Elizabeth High School receiving high ratings. Commuters benefit from major routes and NJ Transit access at Elizabeth Station, with Newark International Airport just 4 miles away. However, the proximity to transportation hubs contributes to noise levels in the area. Despite this, Downtown Elizabeth maintains a unique identity with its blend of suburban and urban elements, making it a notable choice for residents seeking a dynamic living environment.
Home Trends in Downtown Elizabeth, NJ
On average, homes in Downtown Elizabeth, Elizabeth sell after 70 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Elizabeth, Elizabeth over the last 12 months is $140,000, down 78% from the median home sale price over the previous 12 months.
Median Sale Price
$140,000
Median Single Family Sale Price
$140,000
Average Price Per Sq Ft
$170
Number of Homes for Sale
4
Last 12 months Home Sales
41
Median List Price
$149,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-78%
