Real Estate Market Update for 07208 (Elizabeth, NJ)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 17% from one year earlier, and down 8% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 24%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 140-thousand dollars. The number of units sold was consistent year-over-year, and increased 100% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 07208 (Elizabeth, NJ)
School Data for 07208 (Elizabeth, NJ)

School Name Distance Type Grades GreatSchools Rating Parent Rating
St. Patrick High School/academy 0.1 mi Private 7-12 0 0
Dr. Antonia Pantoja, School No. 27. 0.2 mi Public PRESCHOOL-8 1 3
No 23 Nicholas M Butler School 0.4 mi Public PRESCHOOL-8 0 0
Dr. Orlando Edreira Academy No. 26 0.5 mi Public PRESCHOOL-8 3-5 4
A Hamilton Preparatory Academy 0.5 mi Public 10-12 3 0
Number 12, Elmora Elementary School 0.6 mi Public PRESCHOOL-8 1 4
Evangel Day School 0.6 mi Private PRESCHOOL-K 0 0
Bruriah High School For Girls 0.7 mi Private 7-12 0 0
Rav Teitz Mesivta Academy 0.7 mi Private 6-12 0 0
Jewish Education Center 0.7 mi Private - 0 0
Yeshiva Of Elizabeth 0.7 mi Private PRESCHOOL-6 0 0
Benedictine Academy 0.8 mi Private 9-12 0 4
St. Genevieve School 0.8 mi Private PRESCHOOL-8 0 5
School 29 Albert Einstein Academy 0.9 mi Public PRESCHOOL-8 2-5 4
Number 18, Robert Morris Elementary School 0.9 mi Public K-8 1 3
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics 2014
Local Weather for 07208 (Elizabeth, NJ)
    Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.