Is Alloway, NJ a good place to invest in rental property?

Alloway, NJ has a median modeled monthly cash flow of $-1,830 and a median cap rate of 1.4%, on a median sold price of $412,500. Prices changed +10.1% year over year.

What is the average cap rate in Alloway, NJ?

The median cap rate across recently sold homes in Alloway, NJ is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alloway, NJ?

The median sold price in Alloway, NJ is $412,500 (about $212 per square foot).

Investing in Alloway, NJ Real Estate

A data-driven snapshot of the Alloway, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$412,500Median sold price

$212Median $/sqft

1.4%Median cap rate

$-1,830Modeled cash flow / mo

+10.1%Appreciation YoY

6.0Months of supply

22Active listings

44Sold (last 12 mo)

What the Alloway numbers say

In Alloway, NJ, the median home sold for $412,500 (about $212 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-1,830 of monthly cash flow. Sold prices moved +10.1% over the past year. Inventory sits at about 6.0 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See Alloway cash-flowing listings

CashFlowRE ranks every for-sale home in Alloway, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Alloway deals, or browse the national market data.