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

Bound Brook, NJ has a median modeled monthly cash flow of $-1,633 and a median cap rate of 2.9%, on a median sold price of $550,000. Prices changed -13.5% 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 2.9%, 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 $550,000 (about $304 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.

$550,000Median sold price

$304Median $/sqft

2.9%Median cap rate

$-1,633Modeled cash flow / mo

-13.5%Appreciation YoY

4.1Months of supply

23Active listings

67Sold (last 12 mo)

What the Bound Brook numbers say

In Bound Brook, NJ, the median home sold for $550,000 (about $304 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,633 of monthly cash flow. Sold prices moved -13.5% over the past year. Inventory sits at about 4.1 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.