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

Bound Brook, NJ has a median modeled monthly cash flow of $-1,294 and a median cap rate of 3.4%, on a median sold price of $560,000. Prices changed -18.2% 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 3.4%, 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 $560,000 (about $297 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.

$560,000Median sold price

$297Median $/sqft

3.4%Median cap rate

$-1,294Modeled cash flow / mo

-18.2%Appreciation YoY

5.1Months of supply

30Active listings

71Sold (last 12 mo)

What the Bound Brook numbers say

In Bound Brook, NJ, the median home sold for $560,000 (about $297 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,294 of monthly cash flow. Sold prices moved -18.2% over the past year. Inventory sits at about 5.1 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.