Median home value in zip code 07206 (Elizabeth, NJ) is $506K, up 4.1% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: New York-Newark-Jersey City, NY-NJ-PA metro →

Home Value$505,781

YoY Change

+4.1%

AFFORDABILITY

Enter your income for 07206 (Elizabeth).

Income (annual)

Down Payment

$101,156 on $505,781

Out of reach — 48.7% of income

Need $130,500/yr to afford.

PITI$3,045

P/I48.7%

Afford$291K

Gap-$215K

P&I $2,558Tax $371Ins $117

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

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Metro Analysis

07206 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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