Is Cedar Grove, NJ a good place to invest in rental property?

Cedar Grove, NJ has a median modeled monthly cash flow of $-4,160 and a median cap rate of 1.0%, on a median sold price of $810,000. Prices changed +15.3% year over year.

What is the average cap rate in Cedar Grove, NJ?

The median cap rate across recently sold homes in Cedar Grove, NJ is 1.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cedar Grove, NJ?

The median sold price in Cedar Grove, NJ is $810,000 (about $340 per square foot).

Investing in Cedar Grove, NJ Real Estate

A data-driven snapshot of the Cedar Grove, 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.

$810,000Median sold price

$340Median $/sqft

1.0%Median cap rate

$-4,160Modeled cash flow / mo

+15.3%Appreciation YoY

1.3Months of supply

16Active listings

152Sold (last 12 mo)

What the Cedar Grove numbers say

In Cedar Grove, NJ, the median home sold for $810,000 (about $340 per square foot), and the typical deal models out to a 1.0% cap rate with a median $-4,160 of monthly cash flow. Sold prices moved +15.3% over the past year. Inventory sits at about 1.3 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 Cedar Grove cash-flowing listings

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