Carteret, NJ
A diverse community with waterfront views and urban renewal
Carteret
SearchAbout Carteret
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About Carteret
Carteret is a diverse, evolving borough located along the Arthur Kill waterway in Middlesex County. With its rich industrial history, growing cultural diversity, and ambitious redevelopment projects, Carteret offers residents an affordable alternative to nearby urban centers while maintaining a strong sense of community. Recent waterfront revitalization efforts, including a new municipal marina and waterfront park, showcase the borough's commitment to creating new amenities and opportunities for its residents.
City Highlights
- •Waterfront redevelopment including the new municipal marina and park
- •Performing Arts & Events Center featuring concerts and cultural events
- •Diverse community with rich cultural heritage
- •Strategic location with easy access to major highways and NYC
- •Ambitious redevelopment initiatives transforming the borough
Living in Carteret
- •Carteret was formed as a borough in 1906 from portions of Woodbridge Township.
- •Originally part of Woodbridge Township, Carteret developed as an industrial center due to its waterfront location along the Arthur Kill, attracting diverse immigrant populations seeking employment opportunities.
- •One of Middlesex County's most diverse communities, with significant Hispanic, Asian, and Eastern European populations creating a multicultural environment.
- •Carteret is named after Sir George Carteret, one of the original proprietors of the colony of New Jersey. The borough was once known as 'Roosevelt' before being renamed in 1922.
Housing Market
Carteret offers affordable housing options compared to surrounding areas, with a mix of single-family homes, townhouses, and apartments. The housing stock includes historic homes, mid-century developments, and newer construction.
Job Market
While many residents commute to larger employment centers in northern New Jersey and New York City, Carteret itself offers significant employment in logistics, distribution, education, and municipal services. The borough's strategic location near major transportation routes has made it attractive for distribution centers and warehousing operations.
Demographics
Carteret has an average household size of 2.63 people and a median age of 38.5 years. About 28% of households have children.
Carteret Market Analytics
Real estate market trends and analytics for Carteret
Market Overview
Carteret is currently a buyer's market with a median home price of $22,380,700 and 488 active listings. The average home sells in about 3312.3333333333326 days.
💡 Good time for buyers to negotiate.
Median Price
$22,380,700
Average: $22,813,842
Price per Sq.Ft
$11232
Based on recent sales
Market Activity
1,118
488 active, 0 pending, 0 sold
Market Competition
Avg. Days on Market
3312.3333333333326
Sale to List Ratio
3480.0%
Price Drops
0
Market Type
buyer's
Carteret Map
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Lifestyle in Carteret
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Lifestyle & Demographics
Median Income
$76K
Families with Kids
28%
Population
25.1K
Avg Household Size
2.63
Who lives in Carteret?
Single-Male Families
Single-Female Families
Couple Families
Age & Gender Distribution
Median Age
38.5
Age Distribution
Gender Distribution
Female
51%
Male
49%
Properties in Carteret
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Streets in Carteret
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Schools in Carteret
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Neighborhoods in Carteret
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Chrome
Historic neighborhood with a mix of housing styles, named after the former chrome plant that once operated in the area. ...
West Carteret
Residential area featuring a mix of housing styles, from modest Cape Cods to larger colonials, with tree-lined streets a...
Waterfront
Evolving area along the Arthur Kill waterway, featuring new developments, recreational facilities, and the borough's amb...
Amenities in Carteret
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Dining
- •Reo Diner
- •La Bonita Restaurant
- •Blazing Grill
- •Sakura Japanese Steakhouse
- •Carteret Diner
- •Barista's Coffee House
- •China Garden
Shopping
- •Carteret Shopping Center
- •Roosevelt Avenue commercial corridor
- •Washington Avenue shops
- •Nearby Woodbridge Center Mall
- •Nearby Staten Island Mall
Parks & Recreation
- •Carteret Waterfront Park
- •Carteret Park
- •Civic Center Park
- •Veterans Memorial Park
- •Carteret Municipal Marina
- •Carteret Performing Arts & Events Center
Getting Around Carteret
Transportation options and commuting information for Carteret
Public Transit
NJ Transit bus service to New York Port Authority, Elizabeth, and Rahway train stations
Train Stations:
- Closest train stations are Rahway and Elizabeth on the Northeast Corridor line
Driving & Commuting
Average Commute Time:
34 minutes minutes