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

Basking Ridge, NJ has a median modeled monthly cash flow of $-4,794 and a median cap rate of 1.9%, on a median sold price of $1,250,000. Prices changed n/a year over year.

What is the average cap rate in Basking Ridge, NJ?

The median cap rate across recently sold homes in Basking Ridge, NJ is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Basking Ridge, NJ?

The median sold price in Basking Ridge, NJ is $1,250,000 (about $354 per square foot).

Investing in Basking Ridge, NJ Real Estate

A data-driven snapshot of the Basking Ridge, 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.

$1,250,000Median sold price

$354Median $/sqft

1.9%Median cap rate

$-4,794Modeled cash flow / mo

—Appreciation YoY

1.2Months of supply

7Active listings

71Sold (last 12 mo)

What the Basking Ridge numbers say

In Basking Ridge, NJ, the median home sold for $1,250,000 (about $354 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-4,794 of monthly cash flow. Inventory sits at about 1.2 months of supply — a tight, seller-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 Basking Ridge cash-flowing listings

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