The median home in Carteret, New Jersey is valued at $540,273, up 4.0% year over year. Typical monthly rent is $2,395, producing a price-to-rent ratio of 18.8x — near the national average of 18x. Carteret is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$540,273

+4.0%

Rent$2,395/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Carteret.

Income (annual)

Down Payment

$108,055 on $540,273

Example: $75,000 household income. Change it above to see your own.

Out of reach63.4% of income

Need $169,757/yr to afford.

PITI$3,961

P/I63.4%

Afford$239K

Gap-$302K

P&I $2,732Tax $1,112Ins $117

Renting $1,566/mo cheaper ($2,395 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Carteret with other housing markets across New Jersey.

Deal$4.21M Alpine$2.96M Loch Arbour$2.88M Avalon$2.63M Stone Harbor$2.48M Bay Head$2.36M Sea Girt$2.3M Short Hills$2.26M

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

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Carteret, NJ