07008, Carteret, NJ Housing Market

ZIP code 07008's median home value is $559K, up 7.3% over the past year. Homes here sell in a median 25 days. Its PropertyIQ Score of 72 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

07008, Carteret, NJ is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 07008 compares to the NJ state average and identifying outperformance potential before it appears in price data.

Mid-Atlantic ZIP codes range from dense urban blocks to suburban cul-de-sacs, each with distinct demand dynamics. PropertyIQ's ZIP-level scores help investors and agents identify which specific neighborhoods within metro areas offer the strongest demand-to-supply ratios and near-term appreciation potential. Within the Mid-Atlantic, ZIP code 07008's PropertyIQ Score of 72 ranks among the Mid-Atlantic's stronger demand signals.

The PropertyIQ Score for 07008, Carteret, NJ is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

Explore 07008, Carteret, NJ's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.