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

Budd Lake, NJ has a median modeled monthly cash flow of $-1,970 and a median cap rate of 2.8%, on a median sold price of $615,000. Prices changed -17.1% year over year.

What is the average cap rate in Budd Lake, NJ?

The median cap rate across recently sold homes in Budd Lake, NJ is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Budd Lake, NJ?

The median sold price in Budd Lake, NJ is $615,000 (about $277 per square foot).

Investing in Budd Lake, NJ Real Estate

A data-driven snapshot of the Budd Lake, 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.

$615,000Median sold price

$277Median $/sqft

2.8%Median cap rate

$-1,970Modeled cash flow / mo

-17.1%Appreciation YoY

3.4Months of supply

26Active listings

93Sold (last 12 mo)

What the Budd Lake numbers say

In Budd Lake, NJ, the median home sold for $615,000 (about $277 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,970 of monthly cash flow. Sold prices moved -17.1% over the past year. Inventory sits at about 3.4 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 Budd Lake cash-flowing listings

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