Elizabeth, NJ
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Elizabeth short-term rental market based on reliable data.
Listings
285 / 1339
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$32,941
Middle-Earners Revenue
Occupancy
67%
Middle-Earners Occupancy
Home Value
$532,149
Median Home Sale Price
Top Earners
$48,897
Top-Earners Revenue
Elizabeth
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Elizabeth.
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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.
Local STR Agent
STR specialist · Elizabeth, NJ
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.