According to statistics, the population in Carteret, NJ amounts to 24,040, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $73,892, shifting growth 9% from the past year, and the average property value in Carteret, NJ growth 3% to $267,500 throughout the year.
|Number Of Employees||11,954|
|Median Property Value||$267,500|
The average household income in Carteret, NJ grew from $67,776 to $73,892 in the past year. This data is an estimate based upon 7,958 households in Carteret, NJ . The chart below presents how household income is distributed in Carteret, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Carteret, NJ shifted from $259,900 to $267,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Carteret, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Carteret, NJ properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Carteret, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Carteret, NJ equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Carteret, NJ increased by 2.8% to $460,372.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $399,900. A 3-bed apartment goes for $415,674, it increased by 1.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.8% and made it down to $485,793.
The average cost of an apartment in Carteret, NJ rised by 50.3% to $75,000. Price reports demonstrate that house price increased by 2.5% this month making it up to $467,000. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $499,000. You can now purchase a duplex for just $511,960, duplex price increased by 2.4% this month. Value of the townhouses didn’t change, the price still starts at $399,999.