Carneys Point, NJ—08069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carneys Point, NJ
As of Oct '25, the median home price in Carneys Point, NJ is $235,000, with a year-over-year change of 0.7%. This indicates that home prices in Carneys Point, NJ are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | 0.7% |
| Single Family | $235,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $179,000 | 1.1% |
3 Bed | $239,000 | 1.7% |
4 Bed | $285,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carneys Point, NJ
As of July '25, Rentcast reports the average rent in Carneys Point, NJ is $1,780, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Carneys Point, NJ is 1-bedrooms: $1,250, 2-bedrooms: $1,640, 3-bedrooms: $1,930, 4-bedrooms: $2,140. The most common rental property sizes in Carneys Point, NJ are 1-bedroom and 2-bedroom, accounting for 34.5% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $1,500 | $1,640 |
| 3 Bed Rent | $2,000 | $1,930 |
| 4 Bed Rent | $1,990 | $2,140 |
% of Rental Stock
Property Listings — Carneys Point, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Carneys Point, NJ is 43. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | 12.0% |
Listing Count | 72 | 32.0% |
| Listings as % of Homes | 0.8% | 32.0% |
Days on Market | 43 | -4.0% |
Demographics — Carneys Point, NJ
As of the latest ACS Survey released in 2023, Carneys Point, NJ has a population of 13,400, which has increased by 6.8% over the past 5 years. Carneys Point, NJ is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | 6.8% |
% Under 18 | 25.4% | 19.8% |
% Seniors | 17.4% | 6.7% |
% WFH | 7.2% | 453.8% |
% w/ College Degree | 17.5% | 41.1% |
As of the latest ACS Survey released in 2023, Carneys Point, NJ is a predominantly white area, with 50.2% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Carneys Point, NJ is black, making up 25.4% of the population. Foreign-born residents account for 4.8% of the population in Carneys Point, NJ, and this percentage has decreased by 50.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.2% | -1.0% |
% Black | 25.4% | 12.9% |
% Hispanic | 21.8% | -10.7% |
% Asian | 1.7% | 54.5% |
% Foreign Born | 4.8% | -50.5% |
Mortgage and Risk — Carneys Point, NJ
According to HUD data as of 2023, there were 194 mortgage originations in Carneys Point, NJ, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Carneys Point, NJ. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 194 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Carneys Point, NJ
As of 2024, the percent of homes in Carneys Point, NJ under the Section 8 program is 24.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Carneys Point, NJ, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 715 |
Total Units Section 8 | 562 |
% Rentals under Section 8 | 24.9% |
% Occupied Section 8 | 98.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $1,250 | $1,390 |
| 2 Bedroom | $160 | $1,500 | $1,660 |
| 3 Bedroom | $0 | $2,000 | $2,000 |
| 4 Bedroom | $280 | $1,990 | $2,270 |
Affordability — Carneys Point, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $235,000 |
| Median Household Income | $68,400 |