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

Berkeley Heights, NJ has a median modeled monthly cash flow of $-4,905 and a median cap rate of 1.8%, on a median sold price of $900,000. Prices changed +17.0% year over year.

What is the average cap rate in Berkeley Heights, NJ?

The median cap rate across recently sold homes in Berkeley Heights, NJ is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Berkeley Heights, NJ?

The median sold price in Berkeley Heights, NJ is $900,000 (about $417 per square foot).

Investing in Berkeley Heights, NJ Real Estate

A data-driven snapshot of the Berkeley Heights, 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.

$900,000Median sold price

$417Median $/sqft

1.8%Median cap rate

$-4,905Modeled cash flow / mo

+17.0%Appreciation YoY

2.3Months of supply

27Active listings

143Sold (last 12 mo)

What the Berkeley Heights numbers say

In Berkeley Heights, NJ, the median home sold for $900,000 (about $417 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-4,905 of monthly cash flow. Sold prices moved +17.0% over the past year. Inventory sits at about 2.3 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 Berkeley Heights cash-flowing listings

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