Is Cherry Hill, NJ a good place to invest in rental property?

Cherry Hill, NJ has a median modeled monthly cash flow of $-921 and a median cap rate of 3.9%, on a median sold price of $360,000. Prices changed +2.9% year over year.

What is the average cap rate in Cherry Hill, NJ?

The median cap rate across recently sold homes in Cherry Hill, NJ is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cherry Hill, NJ?

The median sold price in Cherry Hill, NJ is $360,000 (about $287 per square foot).

Investing in Cherry Hill, NJ Real Estate

A data-driven snapshot of the Cherry Hill, 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.

$360,000Median sold price

$287Median $/sqft

3.9%Median cap rate

$-921Modeled cash flow / mo

+2.9%Appreciation YoY

34.8Months of supply

139Active listings

48Sold (last 12 mo)

What the Cherry Hill numbers say

In Cherry Hill, NJ, the median home sold for $360,000 (about $287 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-921 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 34.8 months of supply — a looser, buyer-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 Cherry Hill cash-flowing listings

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