Market Summary

Carteret, Middlesex County, NJ

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Median Home Price Price

$525,905 $525.9K

Median Monthly Rent Rent

$2,633 $2.6K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Middlesex County

Region Price Rent GRM Display
$440,425 $2,474 15.0x
$573,477 $2,630 18.0x
$434,082 $2,309 16.0x
$614,548 $2,643 19.0x
$527,240 $2,716 16.0x
$609,624 $2,620 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Middlesex County

Region Price Rent GRM Display
$620,254 $2,618 20.0x
$254,014 $1,734 12.0x
$562,183 $2,242 21.0x
$296,065 $1,757 14.0x
$552,972 $2,810 16.0x
$493,870 $2,144 19.0x
$680,302 $2,552 22.0x
$528,883 $2,685 16.0x
$508,067 $1,951 22.0x
$521,668 $2,411 18.0x
$795,152 $2,872 23.0x
$597,576 $2,331 21.0x
$452,923 $2,404 16.0x
$701,668 $2,753 21.0x
$467,972 $2,408 16.0x
$534,936 $2,214 20.0x
$528,171 $2,182 20.0x
$261,501 $1,585 14.0x
$553,569 $2,674 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$447,577 $2,534 15.0x
$997,525 $2,572 32.0x
$516,904 $3,854 11.0x
$667,327 $2,749 20.0x
$184,953 $1,156 13.0x
$482,363 $2,560 16.0x
$600,986 $3,002 17.0x
$619,281 $2,652 19.0x
$155,554 $1,058 12.0x
$550,059 $2,908 16.0x
$517,452 $2,935 15.0x
$566,230 $2,700 17.0x
$339,097 $2,458 11.0x
$449,449 $1,777 21.0x
$193,667 $1,198 13.0x
$697,398 $2,345 25.0x
$238,448 $1,471 14.0x

Home prices

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Monthly rent

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GRM

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Carteret

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Trend Insights

Median Rent in Carteret, NJ is $2,633, with MoM change +$30 and YoY change +$253 pointing to positive momentum while volatility is low (std $66).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Carteret, NJ.

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Metric
Base market Carteret, NJ
Compare market Select a market
Delta vs base
Median rent
$2,633
N/A
Median price
$525,905
N/A
YoY change
+$253
N/A
Price-to-rent
16.6x
Data unavailable
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