Housing & Real Estate — Carteret, New Jersey

Overview

Total Housing Units8,702
Occupied8,317
Vacant385
Owner-Occupied4,592
Renter-Occupied3,725
Median Home Value (Census)$405,800
Estimated 2026~$502,000
Median Rent$2,012/mo
Median Property Tax$7,750/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income24.9%
Severely Rent-Burdened31.0%

Housing Age

Built 2010 or later695
Built 2000-20091,073
Built 1990-1999159
Built before 19604,344
Median Year Built1961
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.