Median home value: $540K (+4.0% YoY). Rent: $2,395/mo. Price-to-rent: 18.8x. Part of New York-Newark-Jersey City, NY-NJ-PA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$540,273
+4.0%
Rent$2,395/mo
AFFORDABILITYRenting $1,425/mo cheaper ($2,395 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Carteret.
$108,055 on $540,273
Out of reach — 61.1% of income
Need $163,714/yr to afford.
PITI$3,820
P/I61.1%
Afford$248K
Gap-$293K
P&I $2,591Tax $1,112Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing