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Short Sale Listings in Carteret, NJ 07008

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Carteret, NJ Foreclosures

How much do homes sell for in Carteret, NJ?
The average home price is currently $592,912.
In Carteret, NJ, how many homes are available?
There are currently 24 active home listings available in Carteret.
What’s the average rental cost in Carteret, NJ?
The average rental price in Carteret is $2,051.
What is the most expensive home in Carteret?
The most expensive home sold in Carteret had a price of $48,924,452.
What is currently the cheapest priced home in Carteret, NJ?
The cheapest home for sale in Carteret is priced at $39,958.

Living in Carteret, NJ

Carteret, NJ, is a bustling borough with a close-knit community atmosphere and an array of local amenities. It offers easy access to major highways, public transportation, and beautiful recreational facilities. Residents enjoy a balance of suburban living with the convenience of urban life nearby.

Current Market Conditions in Carteret, NJ

The real estate market in Carteret shows a steady growth trend, with prices witnessing a gradual increase over the past year. The demand for homes has remained strong, particularly among first-time buyers and families looking for affordable options and good schooling in the area.

Recent analysis indicates that Carteret is becoming increasingly attractive to young professionals due to its relatively lower housing prices compared to neighboring towns, along with its proximity to New York City. This upward trend in demand may lead to property values continuing to rise.

Home Value Estimator For Carteret, NJ

There are currently 5,777 real estate properties in Carteret, NJ, with a median automated valuation model (AVM) price of $513,925.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carteret, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Carteret, NJ, is $592,912.00, with the most expensive house in Carteret, NJ, topping out at $48,924,452.00 and the cheapest home in Carteret, NJ, clocking in at $39,958.00. In other words, there’s something for every potential homebuyer or savvy investor in Carteret, NJ!

Rent Prices In Carteret, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carteret, NJ, is on a rollercoaster ride. The average rent price in Carteret, NJ, is $2,051.00. Indeed, when looking to rent in Carteret, NJ, you can expect to pay as little as $1,070.00 or as much as $5,600.00, with the average rent median estimated to be $1,990.00. The good news is that finding an affordable and desirable property to rent in Carteret, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Carteret, NJ 07008 Short Sale Listings

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