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

Asbury Park, NJ has a median modeled monthly cash flow of $-4,984 and a median cap rate of 0.7%, on a median sold price of $825,000. Prices changed +7.6% year over year.

What is the average cap rate in Asbury Park, NJ?

The median cap rate across recently sold homes in Asbury Park, NJ is 0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Asbury Park, NJ?

The median sold price in Asbury Park, NJ is $825,000 (about $612 per square foot).

Investing in Asbury Park, NJ Real Estate

A data-driven snapshot of the Asbury Park, 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.

$825,000Median sold price

$612Median $/sqft

0.7%Median cap rate

$-4,984Modeled cash flow / mo

+7.6%Appreciation YoY

12.5Months of supply

214Active listings

205Sold (last 12 mo)

What the Asbury Park numbers say

In Asbury Park, NJ, the median home sold for $825,000 (about $612 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-4,984 of monthly cash flow. Sold prices moved +7.6% over the past year. Inventory sits at about 12.5 months of supply — a looser, buyer-friendly market. 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 Asbury Park cash-flowing listings

CashFlowRE ranks every for-sale home in Asbury Park, 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 Asbury Park deals, or browse the national market data.