NJTIB December 9th, 2025
The Borough of Carteret recently closed on a $20 million loan with the New Jersey Transportation Bank to construct a new ferry terminal. The Carteret Ferry Terminal ("CFT") will offer residents a convenient and reliable commute to New York City, providing a much-needed transportation alternative that advances the Borough's socio-economic, environmental, and public-access goals.
The CFT will be built on vacant, Borough-owned land along the Arthur Kill waterfront, with access provided via the existing Waterfront Access Road off Industrial Highway. The site will include parking for roughly 600 commuters.
The Borough has already made significant progress. The area has been dredged for ferry slips and major waterside improvements have been completed, including floating docks, breakwaters, ramps, and gangways to serve its two 80-foot, 149-passenger ferry vessels.
Once operational, the terminal will offer service to several high-demand Manhattan destinations, including the World Financial Center, West 39th Street, and Wall Street. The terminal building will feature approximately 12,500 square feet per floor and an information display system providing fares, timetables, maps, and connecting transit details. Planned interior spaces include a concourse and waiting area, restrooms, a newsstand, dining options, and administrative offices for ferry and waterfront operations.
The terminal building and all site infrastructure will be fully ADA-accessible and designed to meet or exceed all applicable codes and standards.
For more information, contact the New Jersey Infrastructure Bank at (609) 219-8600.
Similar Stories See All Stories
3131 Princeton Pike, Building 4 Suite 216
Lawrenceville NJ, 08648 T. 609 219 8600