HomeNew JerseyMiddlesex CountyCarteret
Carteret, New Jersey: commercial real estate data.
Carteret is a Census borough of 25,496 people across 4.39 square miles of land, in Middlesex County. Median household income is $96,862, 54.7 percent of occupied homes are owned, and the SBA record carries 22 7(a) approvals to borrowers here worth $13.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Carteret
What Carteret is
- Census place typeborough
- Land area4.39 sq mi
- Water area0.54 sq mi
- Population per square mile of land5,806
- County holding the largest share of its areaMiddlesex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carteret
How many people live in Carteret
- Population25,496
- Median age38.2
- Population under 186,018
- Share under 1823.6 percent
- Population 65 and over3,673
- Share 65 and over14.4 percent
- Households8,224
- Family households6,236
- Share of households that are families75.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carteret
Income and work in Carteret
- Median household income$96,862
- Per capita income$38,591
- Civilian labor force13,872
- Employed12,466
- Unemployed1,406 plus or minus 493
- Unemployment rate10.1 percent plus or minus 3.5
- Adults 25 and over16,795
- Adults 25 and over with a high school diploma or higher85.4 percent
- Adults 25 and over with a bachelor degree or higher30.1 percent
- Adults 25 and over with a graduate degree8.7 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carteret
Housing in Carteret
- Housing units8,741
- Occupied units8,224
- Vacant units517 plus or minus 279
- Vacancy rate5.9 percent plus or minus 3.2
- Owner occupied4,497
- Renter occupied3,727
- Ownership rate54.7 percent
- Median owner-occupied home value$405,800
- Median gross rent, monthly$2,032
- Annual rent as a share of median income25.2 percent
- Single family units4,770
- Share single family54.6 percent
- Units in buildings of two or more3,700
- Share in buildings of two or more42.3 percent
- Mobile homes271 plus or minus 99
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carteret
How Carteret gets to work
- Workers 16 and over who commute10,876
- Commuting under 15 minutes2,479 plus or minus 513
- Share commuting under 15 minutes22.8 percent
- Commuting 30 minutes or more5,474
- Share commuting 30 minutes or more50.3 percent
- Drove alone68.1 percent
- Carpooled9.6 percent plus or minus 2.6
- Public transport6.9 percent plus or minus 2.3
- Walked2.7 percent plus or minus 1.2
- Worked from home11.1 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carteret
SBA loans in Carteret (7(a))
- Approvals22
- Gross approval$12,969,800
- Average approval$589,536
- Median approval$255,900
- Ninetieth percentile approval$1,343,400
- Largest approval$4,010,000
- Jobs supported218
- Jobs per approval9.9
- Loans with a final outcome9
- Paid in full7
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more9.1 percent
- Share to franchises0.0 percent
- Distinct lenders16
- Distinct industries by NAICS15
Counted by borrower city: approvals to borrowers whose address is in Carteret, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carteret
SBA loans in Carteret (504)
- Approvals11
- Gross approval$19,985,000
- Average approval$1,816,818
- Median approval$1,620,000
- Largest approval$5,500,000
- Jobs supported313
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Carteret, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carteret
Flood risk in Carteret
- NFIP communityBorough of Carteret
- NFIP community number340257
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/06/10
The Borough of Carteret participates in the National Flood Insurance Program as community 340257 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Middlesex County, not Carteret
Middlesex County context, not Carteret figures
- Establishments in Middlesex County22,314
- Covered employment, Middlesex County430,555
- Average annual pay, Middlesex County$82,400
- Housing units permitted, Middlesex County1,792
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Carteret.
All Middlesex County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Carteret questions, answered from the record.
How many people live in Carteret, New Jersey?
25,496, in 8,224 households. Carteret borough covers 4.39 square miles of land, which is 5,806 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Carteret in?
Middlesex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Carteret?
$96,862. The median owner-occupied home is valued at $405,800. Median gross rent is $2,032 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Carteret businesses?
22 7(a) approvals totaling $13.0 m since FY2020, across 16 lenders, median approval $255,900, plus 11 504 approvals worth $20.0 m since FY2010. These count approvals to borrowers whose address is in Carteret, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Carteret borrowers get paid back?
No rate is published for Carteret. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Carteret in the National Flood Insurance Program?
Yes. Carteret appears in the FEMA Community Status Book as Carteret, borough of, community 340257, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Carteret figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Middlesex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Carteret.
Is zoning published for Carteret?
No. Nothing on this page presents parcel level zoning.