Home

Carteret, NJ Real Estate


According to census data in the year 2000 there were 7,320 housing units in Carteret. This represents a 7.5% growth from 6,811 in 1990.

Of those housing units, 7,320 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Carteret is about 68.3%. Carteret's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.88 people.

The majority of houses, apartments or condos in Carteret were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom10.50%
Two Bedrooms28.80%
Three Bedrooms39.80%
Four Bedrooms15.60%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1955
Median Value of occupied units$135,500
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1956
Median Monthly Rent asked for vacant units$713

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6%
Home Equity Loan8.60%
Simple Mortgage50.20%
Debt Free35%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.6%