New Jersey Infrastructure Bank

12/09/2025 | Press release | Archived content

Carteret Borough Ferry Terminal

NJTIB December 9th, 2025

CARTERET BOROUGH FERRY TERMINAL

NJ I-Bank and NJDOT Helping to Improve New Jersey's Infrastructure, One Project at a Time

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.

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New Jersey Infrastructure Bank published this content on December 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 16, 2025 at 14:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]