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Land and home values in Carteret, NJ

Carteret is a borough in Middlesex County, New Jersey, home to about 25,496 people. Residential land runs about $22.50 per sq ft, the typical home is worth about $495,000, and a 2-bedroom rents for about $2,360 a month, as of October 12, 2026.

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Values in Carteret

Land: residential$22.50per sq ft
Land: residential$980,100per acre
Land: quarter-acre lot$245,02510,890 sq ft
Home: typical (median)$495,000value
Home: entry-level$442,000lower quartile
Home: upper-end$679,000upper quartile
Build new$179per sq ft, no land
Rent: 1-bedroom$1,870per month
Rent: 2-bedroom$2,360per month
Rent: 3-bedroom$2,820per month
Rent: 4-bedroom$3,120per month
Gross yield, 2-bed5.7%a year

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Questions people ask

How much is land worth in Carteret, NJ?

Residential land in Carteret, NJ is about $22.50 per square foot, or $980,100 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $245,025. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Carteret, NJ?

The typical (median) home in Carteret, NJ is worth about $495,000, with entry-level homes around $442,000 and upper-end homes around $679,000, as of October 2026.

How much is rent in Carteret, NJ?

A 2-bedroom rents for about $2,360 a month in Carteret, NJ, a 1-bedroom about $1,870 and a 3-bedroom about $2,820 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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