Wilfredo Caraballo (born January 1, 1947, in Yabucoa, Puerto Rico) is an American Democratic Party politician, who served in the New Jersey General Assembly from 1996 to 2008. He represented the 29th legislative district. Caraballo also served as the assembly's speaker pro tempore in the 2006–2008 legislative session, he was the parliamentarian from 2002 to 2006 and associate minority leader from 1998 to 2001.