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.
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Home Value$540,273
+4.0%
Rent$2,395/mo
AFFORDABILITYRenting $1,566/mo cheaper ($2,395 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Carteret.
$108,055 on $540,273
Out of reach — 63.4% 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
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey
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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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