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

Bound Brook, NJ has a median modeled monthly cash flow of $-1,258 and a median cap rate of 3.5%, on a median sold price of $555,000. Prices changed -6.9% year over year.

What is the average cap rate in Bound Brook, NJ?

The median cap rate across recently sold homes in Bound Brook, NJ is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bound Brook, NJ?

The median sold price in Bound Brook, NJ is $555,000 (about $322 per square foot).

Investing in Bound Brook, NJ Real Estate

A data-driven snapshot of the Bound Brook, 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.

$555,000Median sold price

$322Median $/sqft

3.5%Median cap rate

$-1,258Modeled cash flow / mo

-6.9%Appreciation YoY

6.6Months of supply

38Active listings

69Sold (last 12 mo)

What the Bound Brook numbers say

In Bound Brook, NJ, the median home sold for $555,000 (about $322 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,258 of monthly cash flow. Sold prices moved -6.9% over the past year. Inventory sits at about 6.6 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 Bound Brook cash-flowing listings

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