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

Berkeley, NJ has a median modeled monthly cash flow of $-1,271 and a median cap rate of 3.4%, on a median sold price of $589,500. Prices changed +10.3% year over year.

What is the average cap rate in Berkeley, NJ?

The median cap rate across recently sold homes in Berkeley, NJ is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Berkeley, NJ?

The median sold price in Berkeley, NJ is $589,500 (about $320 per square foot).

Investing in Berkeley, NJ Real Estate

A data-driven snapshot of the Berkeley, 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.

$589,500Median sold price

$320Median $/sqft

3.4%Median cap rate

$-1,271Modeled cash flow / mo

+10.3%Appreciation YoY

11.5Months of supply

296Active listings

310Sold (last 12 mo)

What the Berkeley numbers say

In Berkeley, NJ, the median home sold for $589,500 (about $320 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,271 of monthly cash flow. Sold prices moved +10.3% over the past year. Inventory sits at about 11.5 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 Berkeley cash-flowing listings

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