Styrene acrylate polymer (SAC) nanocomposites with various carbon nanofillers (multiwalled carbon nanotubes MWCNTs and onion like carbon OLC) are manufactured by means of latex based routes. Concentration of the carbon nanofillers is changed in a broad interval starting from 0.01 up to 10 wt. %. Elastic, dielectric and electromagnetic properties of SAC nanocomposites are investigated. Elastic modulus, electrical conductivity and electromagnetic radiation absorption of the investigated SAC nanocomposites increase along with rising nanofiller content. The effect of the addition of anisometric MWCNTs on the elastic properties of the composite is higher than in the case of the addition of OLC. Higher electrical conductivity of the OLC containing nanocomposites is explained with the fact that reasonable agglomeration of the nanofiller can promote the development of electrically conductive network. Efficiency of the absorption of electromagnetic radiation depends on the development of conductive network within the SAC matrix.