The Magpies have looked out of sorts ever since Alan Pardew left in January, and Carragher believes that whoever faces them now will fancy their chances of picking up three points.
The former Liverpool defender says that even St. James' Park has no fear factor anymore and that every team in the top-flight will be relishing playing against the out-of-sorts Magpies.
"If you could pick a fixture to play, it would be Newcastle at home or away," Carragher said. "That's how all teams will view it and that just shows how bad a run they're on."
Since John Carver took over at Newcastle, the side have won just two of their 14 matches and have slipped down the top-flight table at an alarming rate.
There is now talk that they could get dragged into a relegation battle, but Carragher doesn't think they should be too worried about going down.
"Newcastle will be okay and I'm sure they'll win one of those games, which should be enough on its own to keep them up," he said. "In the next two or three games, though, if they don't pick up points after the run they've been on, they could be counting on the last two games of the season."
Newcastle still have a number of winnable games remaining in their season, but they will have to raise their standards considerably if they are to pick up the desired points.
The Magpies have, at times, appeared to have played with a lack of heart and desire over recent weeks, and there is a lot of frustration bubbling around the club at present – with a supporter protest planned for Sunday’s home date with Tottenham Hotspur.