Median home value in zip code 07202 (Elizabeth, NJ) is $500,683, up 3.0% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$500,683

YoY Change

+3.0%

Prices rising — worse for buyers.

Affordability

Enter your income for 07202 (Elizabeth).

Income (annual)

Down Payment

$100,137 on $500,683

Example: $75,000 household income. Change it above to see your own.

Out of reach48.3% of income

Need $129,257/yr to afford.

PITI$3,016

P/I48.3%

Afford$291K

Gap-$210K

P&I $2,532Tax $367Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07202 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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