Rent to own Homes in Elizabeth, NJ

Elizabeth, New Jersey, sounds like a very regal city, and many people think it was named after Queen Elizabeth. In fact, it was actually named after Elizabeth, the wife of Vice Admiral Sir George Carteret, one of the two original proprietors of the colony of New Jersey. The city has been around since 1855 and is now one of the larger suburbs of New York City, which is just 15 miles away. Today, Elizabeth is a thriving town that is home to nearly 125,000 people.

Elizabeth, NJ is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Elizabeth, NJ. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Elizabeth, NJ rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
529 GREEN ST
3 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Elizabeth, NJ 07202
1,104 Sqft | Built in 1943
30A W Roselle Ave #A
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Roselle Park, NJ 07204
Built in 1945
1 of 24 26 Clinton Street Unit 1A
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Belleville, NJ 07109
Built in 1970
9411 Shore Rd APT 5
2 Beds, 1 Bath
Rent To Own
Bay Ridge and Fort Hamilton
Single Family Home
Brooklyn, NY 11209
1,200 Sqft | Built in 1960
32 HOWELL AVE
4 Beds, 1 Bath
Rent To Own
 
Single Family Home
Fords, NJ 08863
1,368 Sqft | Built in 1945
98 CHRISTIE ST
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Edison, NJ 08820
2,104 Sqft | Built in 1968
1 LYNNWOOD RD
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Edison, NJ 08820
2,241 Sqft | Built in 1968
6928 5th Ave #3
3 Beds, 1 Bath
Rent To Own
Bay Ridge and Fort Hamilton
Single Family Home
Brooklyn, NY 11209
1,100 Sqft
Rent to own homes offer low monthly payments and flexible terms.
518-536 GREGORY AVE #B201
1 Bed, 1 Bath
Rent To Own
 
Townhouse/Condo
Weehawken, NJ 07086
700 Sqft | Built in 1988
1401 44TH ST
3 Beds, 4 Baths
Rent To Own
 
Single Family Home
North Bergen, NJ 07047
2,012 Sqft | Built in 2006
57 FRONT ST #704
2 Beds, 2 Baths
Rent To Own
DUMBO
Townhouse/Condo
Brooklyn, NY 11201
1,132 Sqft | Built in 1899
Hot
1734 60TH ST
3 Beds, 2 Baths
Rent To Own
Borough Park
Single Family Home
Brooklyn, NY 11204
2,414 Sqft | Built in 1905
2761 BATH AVE #3D
3 Beds, 3 Baths
Rent To Own
Gravesend
Townhouse/Condo
Brooklyn, NY 11214
1,153 Sqft | Built in 1988
67 HILLSIDE AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Florham Park, NJ 07932
1,008 Sqft | Built in 1925
6010 Boulevard E #64
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
West New York, NJ 07093
1,535 Sqft
328 UNION AVE
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Wood Ridge, NJ 07075
2,450 Sqft | Built in 1946
20 LEXINGTON HL #10
2 Beds, 2 Baths
Rent To Own
Kips Bay
Townhouse/Condo
Harriman, NY 10926
960 Sqft | Built in 1985
1807 RIDGEVIEW CT
3 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Parlin, NJ 08859
Built in 1997
1 of 12 1916 Ocean Ave, #10
2 Beds, 2 Baths
Rent To Own
Midwood
Multifamily (2 - 4 Units)
Brooklyn, NY 11230
1,151 Sqft | Built in 2017
2131 Ocean Ave PH 7B
3 Beds, 3 Baths
Rent To Own
Sheepshead Bay
Single Family Home
Brooklyn, NY 11229
1,705 Sqft | Built in 2019
401 E 60TH ST #4C
5 Beds, 5 Baths
Rent To Own
Upper East Side
Townhouse/Condo
New York, NY 10022
3,500 Sqft | Built in 2000
239 ALBERT ST
5 Beds, 3 Baths
Rent To Own
 
Single Family Home
North Plainfield, NJ 07063
2,400 Sqft | Built in 1952
343 E 74th St PENTHOUSE 1D
3 Beds, 4 Baths
Rent To Own
Upper East Side
Single Family Home
New York, NY 10021
1,862 Sqft | Built in 1987
Hot
663 LENOX RD
3 Beds, 2 Baths
Rent To Own
East Flatbush
Single Family Home
Brooklyn, NY 11203
1,160 Sqft | Built in 1920
726 E 45TH ST
3 Beds, 2 Baths
Rent To Own
East Flatbush
Single Family Home
Brooklyn, NY 11203
1,600 Sqft | Built in 1920
241 W 108TH ST #4C
1 Bed, 1 Bath
Rent To Own
Upper West Side
Townhouse/Condo
New York, NY 10025
750 Sqft | Built in 1911
73-12 35th Ave #C6
2 Beds, 1 Bath
Rent To Own
Jackson Heights
Single Family Home
Jackson Heights, NY 11372
938 Sqft | Built in 1940
1 of 15 6 HIGHLAND AVE
5 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Piscataway, NJ 08854
3,270 Sqft | Built in 1985
22 LIGHTHOUSE POINT RD
3 Beds, 4 Baths
Rent To Own
 
Townhouse/Condo
Highlands, NJ 07732
2,227 Sqft | Built in 2017
366 BLACK OAK RIDGE RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Wayne, NJ 07470
1,808 Sqft | Built in 1940
5900 ARLINGTON AVE #21B
4 Beds, 2 Baths
Rent To Own
North Riverdale
Townhouse/Condo
Bronx, NY 10471
1,580 Sqft | Built in 1962
31 VOUGHT AVE
2 Beds, 3 Baths
Rent To Own
 
Single Family Home
Freehold, NJ 07728
1,748 Sqft | Built in 1920
24 OAKLAND AVE
4 Beds, 4 Baths
Rent To Own
North Side
Single Family Home
Mount Vernon, NY 10552
2,000 Sqft | Built in 1930
1 of 5 100 Clarewood Drive
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Hastings-On-Hudson, NY 10706
776 Sqft | Built in 1925
17 BUCKNELL WAY
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Hopatcong, NJ 07843
604 Sqft | Built in 1940
17 GEORGETOWN CT
3 Beds, 4 Baths
Rent To Own
 
Single Family Home
Allentown, NJ 08501
3,884 Sqft | Built in 2003
1 of 16 752 E 2ND AVE
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Roselle, NJ 07203
962 Sqft | Built in 1952
Hot
156 E JERSEY ST
7 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Elizabethport, NJ 07206
1,397 Sqft | Built in 1900
78 MARSHALL ST
6 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Elizabethport, NJ 07206
2,484 Sqft | Built in 2003
1 of 69 138 BERWICK ST
8 Beds, 4 Baths
Rent To Own
 
Townhouse/Condo
Elizabeth, NJ 07202
2,578 Sqft | Built in 1930
1 of 23 200 ARLINGTON PL
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Staten Island, NY 10303
1,350 Sqft | Built in 1985
1 of 22 891 GREENWICH LN
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Union, NJ 07083
1,790 Sqft | Built in 1958
1 of 13 111 LIBERTY CT
2 Beds, 1.5 Bath
Rent To Own
 
Townhouse/Condo
Hillside, NJ 07205
Built in 1988
1 of 15 20 HOUSTON LN
3 Beds, 1.5 Bath
Rent To Own
Graniteville
Single Family Home
Staten Island, NY 10302
1,590 Sqft | Built in 1991
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Neighborhoods in Elizabeth, NJ

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Popular Zip Codes in Elizabeth, NJ

07207 rent to own homes

Buying a Home in Elizabeth, NJ

Elizabeth, NJ is seeing rapid growth and Elizabeth, NJ's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Elizabeth, NJ is part of Union county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Union is 1.87% which is above the national average, which is 0.99%.

Median Home Price in Elizabeth, NJ

Median home price data is currently unavailable.

Median Rent in Elizabeth, NJ

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Elizabeth NJ

Housing Despite its very close proximity to one of the most expensive housing markets in the world, Elizabeth has comparably affordable housing. The median home price sale price for the period of May-July 2013 was $183,000, below the national median price of $208,000. However, the 79 houses sold during this period represent a 147 percent increase in the number of sales compared to the previous year, which suggests that the housing market in Elizabeth is recovering from earlier slow periods.

Largest Employers and Industries The employment market in Elizabeth has come a long way from its beginnings as the home of the Singer Sewing Machine Company. Today, transportation is one of the city's biggest industries. The Port Newark-Elizabeth Marine Terminal and the Newark Liberty International Airport are located in Elizabeth. Elizabeth is also home to the Bayway Refinery, which is owned by Phillips 66 and supplies petroleum to the New York/New Jersey area. Celadon is a planned mixed-use development that will include skyscrapers, retail outlets, offices, a hotel and a boardwalk; it is currently under construction with expected completion by 2020.

Local Shopping Elizabeth is part of the Urban Enterprise Zone in New Jersey, which means you don't have to pay any sales tax on clothes. You won't want to miss the Jersey Gardens Mall, which is an outlet mall that has discount prices on some of the most upscale brands. Shoppers come from all over the metro New York City region to buy high-end jewelry at Leonardo Jewelers. But if you prefer to seek out deep discounts, go to Cohoes Fashion or the Lost Treasures secondhand shop. And of course you don't want to miss the Elizabeth location of Modell's, the legendary New York City sporting goods store.

Neighborhoods Elizabeth has several distinct neighborhoods. They include Uptown (also called Midtown), the city's largest commercial district, which is located at the junction of Broad Street and Morris Avenue. It has a historic district, including the First Presbyterian Church, which was originally a site of one of the battles in the American Revolution.

Elizabeth, NJ Frequently Asked Questions

Elizabeth, NJ has a walk score of

Elizabeth, NJ has a bike score of

The state tax rate is 1.4 to 10.75% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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