New Jersey — Rental Investment Markets
All New Jersey metros ranked by cap rate. Median cap rate: 2.9%, median home price: $531,567.
Median Cap Rate
2.9%
Median Home Price
$531,567
Median Rent
$2,530/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Camden, NJ | 11.8% | +$578/mo | $131,616 | $1,905/mo | 🟢 STRONG |
| 2 | Port Norris, NJ | 8.6% | +$375/mo | $216,825 | $2,240/mo | 🟢 STRONG |
| 3 | Stockholm, NJ | 6.5% | +$43/mo | $434,047 | $3,620/mo | 🟢 GOOD |
| 4 | Bridgeton, NJ | 6.0% | -$78/mo | $254,973 | $2,000/mo | 🟢 GOOD |
| 5 | Newfield, NJ | 5.7% | -$194/mo | $329,312 | $2,470/mo | 🟡 MODERATE |
| 6 | Egg Harbor City, NJ | 5.6% | -$215/mo | $333,705 | $2,480/mo | 🟡 MODERATE |
| 7 | Toms River, NJ | 5.6% | -$221/mo | $345,524 | $2,380/mo | 🟡 MODERATE |
| 8 | West Deptford Township, NJ | 5.3% | -$270/mo | $300,411 | $2,140/mo | 🟡 MODERATE |
| 9 | Milmay, NJ | 5.2% | -$388/mo | $380,024 | $2,650/mo | 🟡 MODERATE |
| 10 | Vineland, NJ | 5.0% | -$328/mo | $290,799 | $1,990/mo | 🟡 MODERATE |
| 11 | West Milford, NJ | 4.8% | -$646/mo | $480,397 | $3,160/mo | 🟡 MODERATE |
| 12 | Ewing, NJ | 4.8% | -$537/mo | $368,147 | $2,370/mo | 🟡 MODERATE |
| 13 | Stanhope, NJ | 4.8% | -$575/mo | $444,311 | $2,950/mo | 🟡 MODERATE |
| 14 | Grenloch, NJ | 4.6% | -$530/mo | $347,040 | $2,205/mo | 🟡 MODERATE |
| 15 | Tuckerton, NJ | 4.5% | -$656/mo | $414,947 | $2,610/mo | 🟡 MODERATE |
| 16 | Hammonton, NJ | 4.4% | -$620/mo | $374,305 | $2,320/mo | 🟡 MODERATE |
| 17 | Woodbine, NJ | 4.4% | -$533/mo | $324,939 | $2,020/mo | 🟡 MODERATE |
| 18 | Trenton, NJ | 4.1% | -$816/mo | $431,331 | $2,160/mo | 🟡 MODERATE |
| 19 | Elmer, NJ | 4.1% | -$664/mo | $345,580 | $2,030/mo | 🟡 MODERATE |
| 20 | Williamstown, NJ | 3.8% | -$787/mo | $368,680 | $2,070/mo | 🔴 WEAK |
| 21 | Bloomsbury, NJ | 3.8% | -$1,048/mo | $493,817 | $2,780/mo | 🔴 WEAK |
| 22 | Cherry Hill, NJ | 3.7% | -$1,010/mo | $452,781 | $2,650/mo | 🔴 WEAK |
| 23 | Union, NJ | 3.7% | -$1,182/mo | $527,169 | $2,890/mo | 🔴 WEAK |
| 24 | Hightstown, NJ | 3.7% | -$1,064/mo | $468,097 | $2,550/mo | 🔴 WEAK |
| 25 | Branchburg Township, NJ | 3.5% | -$1,996/mo | $610,204 | $2,580/mo | 🔴 WEAK |
| 26 | Wanaque, NJ | 3.5% | -$1,205/mo | $506,752 | $2,695/mo | 🔴 WEAK |
| 27 | North Bergen Township, NJ | 3.5% | -$1,425/mo | $583,793 | $3,060/mo | 🔴 WEAK |
| 28 | Collingswood, NJ | 3.4% | -$1,078/mo | $420,993 | $2,145/mo | 🔴 WEAK |
| 29 | Oak Ridge, NJ | 3.4% | -$1,302/mo | $526,655 | $2,740/mo | 🔴 WEAK |
| 30 | Brick, NJ | 3.4% | -$1,266/mo | $514,008 | $2,680/mo | 🔴 WEAK |
| 31 | Titusville, NJ | 3.4% | -$1,690/mo | $673,001 | $3,470/mo | 🔴 WEAK |
| 32 | Denville, NJ | 3.3% | -$1,596/mo | $608,558 | $3,055/mo | 🔴 WEAK |
| 33 | Cliffwood, NJ | 3.3% | -$1,335/mo | $516,822 | $2,620/mo | 🔴 WEAK |
| 34 | Newton, NJ | 3.3% | -$1,141/mo | $441,874 | $2,240/mo | 🔴 WEAK |
| 35 | Asbury, NJ | 3.3% | -$1,538/mo | $603,041 | $3,080/mo | 🔴 WEAK |
| 36 | Washington, NJ | 3.3% | -$1,066/mo | $413,698 | $2,100/mo | 🔴 WEAK |
| 37 | Plainfield, NJ | 3.1% | -$1,375/mo | $496,042 | $2,400/mo | 🔴 WEAK |
| 38 | Dunellen, NJ | 3.1% | -$1,612/mo | $581,160 | $2,810/mo | 🔴 WEAK |
| 39 | Edison, NJ | 3.0% | -$1,527/mo | $559,140 | $2,760/mo | 🔴 WEAK |
| 40 | Piscataway, NJ | 3.0% | -$1,662/mo | $589,751 | $2,820/mo | 🔴 WEAK |
| 41 | Colonia, NJ | 2.9% | -$1,862/mo | $632,796 | $2,930/mo | 🔴 WEAK |
| 42 | East Orange, NJ | 2.9% | -$1,375/mo | $477,183 | $2,245/mo | 🔴 WEAK |
| 43 | Rahway, NJ | 2.9% | -$1,524/mo | $529,136 | $2,490/mo | 🔴 WEAK |
| 44 | Byram Township, NJ | 2.9% | -$1,500/mo | $521,895 | $2,460/mo | 🔴 WEAK |
| 45 | Matawan, NJ | 2.8% | -$1,908/mo | $648,216 | $3,000/mo | 🔴 WEAK |
| 46 | Jersey City, NJ | 2.8% | -$1,704/mo | $547,009 | $2,570/mo | 🔴 WEAK |
| 47 | Milford, NJ | 2.8% | -$1,556/mo | $525,289 | $2,420/mo | 🔴 WEAK |
| 48 | Hopewell, NJ | 2.7% | -$2,054/mo | $662,544 | $2,940/mo | 🔴 WEAK |
| 49 | Morganville, NJ | 2.7% | -$2,643/mo | $866,721 | $3,900/mo | 🔴 WEAK |
| 50 | Kearny, NJ | 2.6% | -$1,842/mo | $581,183 | $2,530/mo | 🔴 WEAK |
| 51 | Keyport, NJ | 2.6% | -$1,583/mo | $508,694 | $2,250/mo | 🔴 WEAK |
| 52 | Chesterfield Township, NJ | 2.5% | -$2,308/mo | $711,097 | $3,030/mo | 🔴 WEAK |
| 53 | Newark, NJ | 2.5% | -$1,527/mo | $489,838 | $2,100/mo | 🔴 WEAK |
| 54 | Blairstown Township, NJ | 2.5% | -$1,616/mo | $501,467 | $2,150/mo | 🔴 WEAK |
| 55 | Hackettstown, NJ | 2.5% | -$1,576/mo | $491,873 | $2,120/mo | 🔴 WEAK |
| 56 | Columbia, NJ | 2.5% | -$1,501/mo | $461,269 | $1,960/mo | 🔴 WEAK |
| 57 | Newfoundland, NJ | 2.4% | -$2,052/mo | $622,087 | $2,610/mo | 🔴 WEAK |
| 58 | Elizabeth, NJ | 2.4% | -$1,644/mo | $497,023 | $2,115/mo | 🔴 WEAK |
| 59 | Port Murray, NJ | 2.4% | -$1,668/mo | $503,079 | $2,100/mo | 🔴 WEAK |
| 60 | Budd Lake, NJ | 2.2% | -$1,965/mo | $560,422 | $2,210/mo | 🔴 WEAK |
| 61 | Basking Ridge, NJ | 2.2% | -$3,230/mo | $927,045 | $3,680/mo | 🔴 WEAK |
| 62 | Lambertville, NJ | 2.2% | -$2,220/mo | $640,947 | $2,560/mo | 🔴 WEAK |
| 63 | Berkeley Heights, NJ | 2.1% | -$3,290/mo | $929,941 | $3,630/mo | 🔴 WEAK |
| 64 | Bridgewater Township, NJ | 2.1% | -$2,899/mo | $804,944 | $3,080/mo | 🔴 WEAK |
| 65 | Paterson, NJ | 2.1% | -$1,944/mo | $534,245 | $2,040/mo | 🔴 WEAK |
| 66 | North Hanover Township, NJ | 2.1% | -$1,885/mo | $531,567 | $2,070/mo | 🔴 WEAK |
| 67 | Nutley, NJ | 2.1% | -$2,352/mo | $655,699 | $2,520/mo | 🔴 WEAK |
| 68 | Clifton, NJ | 2.1% | -$2,163/mo | $601,554 | $2,320/mo | 🔴 WEAK |
| 69 | Cedar Grove, NJ | 2.0% | -$2,780/mo | $759,247 | $2,850/mo | 🔴 WEAK |
| 70 | New Egypt, NJ | 2.0% | -$2,045/mo | $561,406 | $2,120/mo | 🔴 WEAK |
| 71 | Millstone Township, NJ | 2.0% | -$3,496/mo | $947,776 | $3,525/mo | 🔴 WEAK |
| 72 | Woodland Park, NJ | 1.9% | -$2,358/mo | $629,722 | $2,300/mo | 🔴 POOR |
| 73 | Clark, NJ | 1.8% | -$2,728/mo | $713,931 | $2,540/mo | 🔴 POOR |
| 74 | Manalapan Township, NJ | 1.8% | -$2,994/mo | $780,147 | $2,760/mo | 🔴 POOR |
| 75 | Scotch Plains, NJ | 1.8% | -$3,205/mo | $829,727 | $2,910/mo | 🔴 POOR |
| 76 | West Caldwell, NJ | 1.7% | -$3,284/mo | $848,619 | $2,970/mo | 🔴 POOR |
| 77 | Hampton, NJ | 1.7% | -$2,397/mo | $611,239 | $2,100/mo | 🔴 POOR |
| 78 | Neptune Township, NJ | 1.7% | -$3,088/mo | $754,551 | $2,435/mo | 🔴 POOR |
| 79 | Princeton, NJ | 1.6% | -$3,874/mo | $973,946 | $3,280/mo | 🔴 POOR |
| 80 | Allentown, NJ | 1.4% | -$3,008/mo | $721,374 | $2,260/mo | 🔴 POOR |
| 81 | Cranbury Township, NJ | 1.4% | -$3,137/mo | $759,994 | $2,420/mo | 🔴 POOR |
| 82 | Bernardsville, NJ | 1.3% | -$4,329/mo | $1,013,473 | $3,050/mo | 🔴 POOR |
| 83 | Skillman, NJ | 1.2% | -$4,552/mo | $1,045,302 | $3,040/mo | 🔴 POOR |
| 84 | Califon, NJ | 1.0% | -$3,401/mo | $760,165 | $2,100/mo | 🔴 POOR |
| 85 | Far Hills, NJ | 0.9% | -$5,611/mo | $1,223,830 | $3,215/mo | 🔴 POOR |
| 86 | Montclair, NJ | 0.8% | -$6,521/mo | $1,408,062 | $3,620/mo | 🔴 POOR |
| 87 | Lavallette, NJ | 0.1% | -$7,653/mo | $1,441,643 | $2,515/mo | 🔴 POOR |