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

Avenel, NJ has a median modeled monthly cash flow of $-1,432 and a median cap rate of 3.0%, on a median sold price of $501,700. Prices changed -1.4% year over year.

What is the average cap rate in Avenel, NJ?

The median cap rate across recently sold homes in Avenel, NJ is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Avenel, NJ?

The median sold price in Avenel, NJ is $501,700 (about $386 per square foot).

Investing in Avenel, NJ Real Estate

A data-driven snapshot of the Avenel, 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.

$501,700Median sold price

$386Median $/sqft

3.0%Median cap rate

$-1,432Modeled cash flow / mo

-1.4%Appreciation YoY

6.3Months of supply

44Active listings

84Sold (last 12 mo)

What the Avenel numbers say

In Avenel, NJ, the median home sold for $501,700 (about $386 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,432 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 6.3 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 Avenel cash-flowing listings

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