Median home value in zip code 07008 (Carteret, NJ) is $543,477, up 4.7% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$543,477

YoY Change

+4.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 07008 (Carteret).

Income (annual)

Down Payment

$108,695 on $543,477

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

Out of reach52.2% of income

Need $139,843/yr to afford.

PITI$3,263

P/I52.2%

Afford$291K

Gap-$252K

P&I $2,748Tax $399Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

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

Metro Analysis

07008 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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