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

East Orange, NJ has a median modeled monthly cash flow of $-1,753 and a median cap rate of 3.0%, on a median sold price of $562,500. Prices changed +6.3% year over year.

What is the average cap rate in East Orange, NJ?

The median cap rate across recently sold homes in East Orange, NJ is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Orange, NJ?

The median sold price in East Orange, NJ is $562,500 (about $252 per square foot).

Investing in East Orange, NJ Real Estate

A data-driven snapshot of the East Orange, 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.

$562,500Median sold price

$252Median $/sqft

3.0%Median cap rate

$-1,753Modeled cash flow / mo

+6.3%Appreciation YoY

4.8Months of supply

175Active listings

438Sold (last 12 mo)

What the East Orange numbers say

In East Orange, NJ, the median home sold for $562,500 (about $252 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,753 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 4.8 months of supply. 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 East Orange cash-flowing listings

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