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

Closter, NJ has a median modeled monthly cash flow of $-304 and a median cap rate of 5.9%, on a median sold price of $1,260,000. Prices changed n/a year over year.

What is the average cap rate in Closter, NJ?

The median cap rate across recently sold homes in Closter, NJ is 5.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Closter, NJ?

The median sold price in Closter, NJ is $1,260,000.

Investing in Closter, NJ Real Estate

A data-driven snapshot of the Closter, 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.

$1,260,000Median sold price

—Median $/sqft

5.9%Median cap rate

$-304Modeled cash flow / mo

—Appreciation YoY

0.1Months of supply

1Active listings

84Sold (last 12 mo)

What the Closter numbers say

In Closter, NJ, the median home sold for $1,260,000, and the typical deal models out to a 5.9% cap rate with a median $-304 of monthly cash flow. Inventory sits at about 0.1 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 Closter cash-flowing listings

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