Why Live in Carteret
Carteret, New Jersey, is a borough known for its tight-knit community and reasonably low taxes. The local fire and police departments contribute to a sense of safety, with many officers having grown up in the area. Carteret hosts several annual events, including the Charity Christmas Festival at Carteret Park and Ethnic Day, which celebrates the borough's diverse cultures with carnival rides, games, and food vendors. Housing in Carteret often involves residents purchasing homes they grew up in, with many opting for renovations or additions. The Carteret Waterfront redevelopment project is transforming the area, bringing in a film and television studio, office and retail spaces, and a hotel with a rooftop pool. Residents already benefit from new boat slips and ferry boats to Manhattan. The Carteret Performing Arts Center, a 1,600-seat theater, offers comedy shows, tribute bands, and local high school performances. The borough has improved traffic flow with the construction of a safer Exit 12 on the NJ Turnpike. Education in Carteret includes the new Carteret Junior High and the option for eighth graders to attend Middlesex County Magnet Schools. Dining options range from the Bus Stop Diner to Tommy's Hot Dogs and Santini Seafood and Steakhouse. Shopping needs are met at local establishments like ShopRite, Walgreens, and Dollar Tree. Carteret boasts 11 parks, including Carteret Park, with turf fields for baseball, soccer, and football, and Waterfront Park, featuring miniature golf and horseshoes.
Home Trends in Carteret, NJ
On average, homes in Carteret, NJ sell after 16 days on the market compared to the national average of 70 days. The median sale price for homes in Carteret, NJ over the last 12 months is $650,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$650,000
Average Price Per Sq Ft
$352
Number of Homes for Sale
2
Last 12 months Home Sales
24
Median List Price
$650,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
