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

Budd Lake, NJ has a median modeled monthly cash flow of $-3,073 and a median cap rate of 1.5%, on a median sold price of $600,000. Prices changed +7.4% 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 1.5%, 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 $600,000 (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.

$600,000Median sold price

$277Median $/sqft

1.5%Median cap rate

$-3,073Modeled cash flow / mo

+7.4%Appreciation YoY

0.8Months of supply

8Active listings

113Sold (last 12 mo)

What the Budd Lake numbers say

In Budd Lake, NJ, the median home sold for $600,000 (about $277 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-3,073 of monthly cash flow. Sold prices moved +7.4% over the past year. Inventory sits at about 0.8 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.