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The median home value in Carteret, NJ is $567,711 as of 2026-07-31, up 5.8% from a year earlier.
Median Home Value
$567,711
Year-over-Year
+5.8%
Population
25,827
Carteret ranks #106 of 184 New Jersey cities tracked here by median home value, and sits 8.2% below the state's city median of $618,410. It sits in Middlesex County, where the county-wide median is $591,891.
Median household income in Carteret is $96,862, so the typical home value is about 5.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Carteret police recorded a violent crime rate of 314 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,262 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Carteret, that value is $567,711. That's up 5.8% from a year earlier. It is about 8.2% below the typical New Jersey city tracked here.
Homes in Carteret are cheaper than Middlesex County as a whole, where the median is $591,891 — a difference of about 4.1%.
Median household income here is $96,862, so the typical home value is about 5.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Carteret police reported 314 violent crimes per 100,000 residents, covering a population of about 25,827. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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