Elizabeth sits beside Port Newark-Elizabeth, one of the busiest container ports in the country, anchoring a logistics-heavy local economy. Union County's property tax rate is very high, a major consideration alongside the Newark airport's proximity.
Recommended for incomes above $130k/yr (28% DTI rule)
Elizabeth housing market
The 2.9% property tax rate reflects the county-level effective rate for Elizabeth and is used to calculate your monthly tax escrow above. This rate may differ from the statewide New Jersey average — county-level data produces more accurate monthly payment estimates for Elizabeth buyers. Many Elizabeth properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.
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