Performance indicators for the Elizabeth short-term rental market based on reliable data.
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The highest-performing listings in Elizabeth.
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Generally Investor friendly
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.
Local STR Agent
STR specialist · Elizabeth, NJ
Elizabeth sits in Union County in northeastern New Jersey, just inland from Newark Bay and Arthur Kill. The city has a population of roughly 130,000 residents, making it one of the larger municipalities in the state. It carries a long colonial and industrial past, has one of the most ethnically diverse populations in the region, and functions as a key commuter and transit hub because of its rail lines, port operations, and proximity to Newark Liberty International Airport. Elizabeth is often described as a working-class, multilingual city with a strong sense of neighborhood identity, and it serves as a convenient, more affordable gateway to New York City, which lies about fifteen miles to the northeast across the harbor and through Newark.
Just minutes from downtown Elizabeth, the Liberty Hall Museum offers a window into more than two centuries of American history. Located on the campus of Kean University in neighboring Union, the 18th-century estate was built for William Livingston, New Jersey's first state governor, and later occupied by generations of the Kean family. The grounds include the original Georgian-style mansion, period furnishings, formal gardens, and a firehouse with a collection of historic engines. Visitors typically spend a few hours touring the property, which sits roughly a ten-minute drive from central Elizabeth.
In the heart of the city, Boxwood Hall stands as one of the oldest surviving homes in the region. Constructed in the 1750s, the brick colonial residence hosted George Washington and other figures of the Revolutionary era and is preserved as a museum operated in partnership with the National Park Service. The house gives a quiet, walkable counterpoint to the busy streets of Elizabeth's downtown, and its modest scale makes it easy to combine with a stop at nearby restaurants or shops in the historic core.
For travelers interested in retail, The Mills at Jersey Gardens is one of the largest outlet centers on the East Coast and sits right within Elizabeth's city limits. It draws visitors from across the metropolitan area with hundreds of brand-name stores, dining options, and entertainment venues, and its closeness to Newark Liberty International Airport just a few miles away makes it a frequent stop for arriving and departing travelers.
Elizabeth's location places it within an easy commute of New York City, Newark, and the Jersey Shore, all while offering lower nightly rates than Manhattan. Its blend of historic sites, green spaces like Warinanco Park, outlet shopping, and transit access gives short-term rental guests a practical base for exploring the wider New York region, especially for visitors who want suburban value without giving up proximity to the area's biggest draws.