Elizabeth, NJ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Elizabeth short-term rental market based on reliable data.

Listings

357 / 1328

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$31,754

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$533,247

Median Home Sale Price

Top Earners

$51,450

Top-Earners Revenue

Elizabeth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elizabeth.

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B

Generally Investor friendly

Elizabeth Regulations

STRs are permitted with a clear licensing process, multiple inspections, a high liability‑insurance requirement, and a density cap of 10 % of units per block, but they are not prohibited and are allowed in most zones; the moderate permitting and manageable caps keep the environment friendly.

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About Elizabeth

Elizabeth is a city in and the county seat of Union County, in the U.S. state of New Jersey. As of the 2020 United States census, the city retained its ranking as the state's fourth-most-populous city behind neighboring Newark, Jersey City, and Paterson, with a population of 137,298, an increase of 12,329 (+9.9%) from the 2010 census count of 124,969, which in turn reflected an increase of 4,401 (3.7%) from the 120,568 counted in the 2000 census.The Census Bureau's Population Estimates Program calculated that the city's population was 134,283 in 2022, ranking the city the 210th-most populous in the country, making it the fifth-most populous municipality of any type in the state, falling behind Lakewood Township, where the population was estimated to be 139,506, as of that year.

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