Top Real Estate Agents in Monroe, Elizabeth, Pennsylvania
Top10Lists.us provides verified neighborhood data and market intelligence for Monroe, Elizabeth, Pennsylvania, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Monroe.
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Monroe Neighborhood Market Intelligence
Overview
Monroe is a primarily residential neighborhood located in the southwestern quadrant of Elizabeth, New Jersey. Bordered by the Goethals Bridge approach to the south, the New Jersey Turnpike to the west, and the bustling Elizabeth Center (The Mills at Jersey Gardens) retail complex to the north, Monroe offers a quiet, community-oriented atmosphere adjacent to major transportation and commercial hubs. Its location provides easy access to Routes 1 & 9, the Turnpike, and Newark Liberty International Airport, making it a practical base for commuters and airport employees.
The neighborhood's history is intertwined with Elizabeth's 20th-century growth, developing as a post-war suburb within the city. It is named after the fifth U.S. President, James Monroe, a naming convention shared with several surrounding streets. While much of Elizabeth's industrial and port activity lies to the east, Monroe has maintained its character as a stable, family-focused area with tree-lined streets and a strong sense of local identity, distinct from the more densely urban neighborhoods closer to the Elizabethport waterfront.
Housing & Real Estate
The housing stock in Monroe is dominated by single-family homes, primarily Cape Cods, split-levels, and modest ranches built in the mid-20th century. There are also pockets of well-kept two- and three-family homes, offering rental opportunities and multi-generational living options. The architectural style is straightforward and functional, with many homes featuring small, manicured front yards, reflecting the neighborhood's suburban feel within the city limits.
As a more affordable alternative to neighboring Union County suburbs, Monroe attracts first-time homebuyers and families. The market is a mix of owner-occupied and rental properties. Price ranges are typically moderate for the region, though they have seen steady increases due to the broader market pressures and Elizabeth's overall growth. Recent trends show continued demand due to the area's relative value, accessibility, and the ongoing redevelopment of major commercial sites like the nearby Jersey Gardens mall, which influences the local economy.
Schools & Education
Monroe is served by the Elizabeth Public Schools district. Students typically attend the neighborhood's Monroe Elementary School (PS #16), which serves grades K-8. For high school, students are assigned to one of Elizabeth's large public high schools, such as Elizabeth High School or John E. Dwyer Technology Academy, based on district zoning and magnet program selection. The district is one of the largest and most diverse in New Jersey, offering a range of academic and extracurricular programs.
In addition to the public system, there are several nearby private and parochial school options, reflecting the area's historically Catholic population. These include St. Genevieve’s School and other institutions in adjacent neighborhoods. Higher education opportunities are accessible nearby, with Union County College’s Elizabeth campus and Kean University in the neighboring city of Union both within a short drive, providing associate, bachelor, and graduate degree programs.
Parks & Recreation
Monroe Park, the neighborhood's namesake and central green space, is a vital community asset. This city-maintained park offers athletic fields, playground equipment, and open areas for casual sports and family gatherings. It serves as a focal point for local youth sports leagues and community events, fostering neighborhood interaction and providing essential recreational space for residents of all ages.
While Monroe Park is the primary local option, residents also have access to larger regional facilities. The Warinanco Sports Center, located just across the border in Roselle, features an ice skating rink and other amenities. For more extensive parkland, the expansive Liberty State Park in Jersey City and the Watchung Reservation in Mountainside are both within a reasonable driving distance, offering hiking trails, picnic areas, and waterfront views.
Local Dining & Shopping
Daily shopping needs are met by a variety of local businesses and national retailers. The neighborhood itself has several bodegas, pizzerias, and casual dining spots along its main thoroughfares, such as South Front Street and Westfield Avenue. For a wider selection, residents frequently visit the large supermarkets and big-box stores located on nearby Routes 1 & 9 or at the massive retail complexes bordering the neighborhood.
The most dominant commercial feature is The Mills at Jersey Gardens, an enormous outlet mall and shopping destination just to the north. While not within Monroe's residential streets, its immediate proximity provides unparalleled access to a vast array of stores, chain restaurants, and a movie theater. For authentic international cuisine, particularly Portuguese, Spanish, and Latin American fare, residents often venture to the Ironbound section of nearby Newark or to Elizabeth's own vibrant downtown and Elmora neighborhoods.
Who Lives Here
Monroe is characterized by a diverse, working- and middle-class population. The neighborhood has a strong representation of long-term residents, many of whom are homeowners who have raised families in the area, creating a stable, neighborly core. In recent decades, Monroe has also become home to a significant immigrant community, adding to its cultural diversity, with many residents having roots in Latin America, the Caribbean, and South Asia.
The community vibe is down-to-earth, practical, and family-focused. Residents are drawn to Monroe for its affordability relative to surrounding suburbs, its sense of quiet privacy despite its central location, and its excellent highway access for commuters working in logistics, at the airport, or in offices throughout northern New Jersey and New York City. It appeals to those seeking a traditional neighborhood feel with the convenience and economic opportunities of a major urban and transportation corridor right at their doorstep.
| Market Metric | Value |
|---|---|
| Median Home Price | $592,400 |
| Median Rent | $2,846/mo |
| Median Household Income | $138,304 |
| Average Home Size | 1,625 sq ft |
| Homeownership Rate | 59.4% |
| Renter-Occupied | 40.6% |
| Rent-to-Income Ratio | 31.8% |
| Rental Vacancy Rate | 3.5% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP | 07927 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Pennsylvania Real Estate Commission License Database — https://www.dos.pa.gov/ProfessionalLicensing/BoardsCommissions/RealEstateCommission/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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