The City of Elizabeth continues to be a thriving urban center, but one with a suburban feel and plenty of greenery. As New Jersey’s fourth largest and safest city, Elizabeth provides a unique variety if distinct neighborhoods. From the mansions of Westminster to the affordable rentals near transit- there’s something here for everyone.
Real Estate Leads to Property Value Increase
The City of Elizabeth is in the midst of a real estate boom that has seen property values increase dramatically over the past decade, spurring a wave of new construction and renovation across its diverse neighborhoods. The Star Ledger newspaper reported that Elizabeth’s average home sales have grown an astonishing 78.8% in only four years.
Mayor Chris Bollwage noted that new residential construction has also doubled over the past few years. “My administration has been building toward this goal,” Mayor Bollwage said. “When you take a holistic approach to government - reducing crime, creating jobs, cleaning streets, fixing potholes, rebuilding parks - property values will rise.”
Programs to Help Homeowners & Investors
The City has a number of governmental programs designed to help homeowners and investors. The Elizabeth Home Improvement Program administers a First Time Homebuyers program and a variety of grants for rehabilitating one-to-four family units, rentals units, units for the disabled, and a senior fix-it program.
For its children, the current administration has renovated 80% of its playgrounds over the past decade and has added the following recreation amenities:
- A new soccer field and baseball field at Kenah Field adjacent to Kellogg Park
- Six basketball courts
- Three Little League fields
- Three new libraries
- Two new soccer and football fields on the waterfront