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

Edgewater, NJ has a median modeled monthly cash flow of $-3,266 and a median cap rate of 1.7%, on a median sold price of $695,000. Prices changed -3.9% year over year.

What is the average cap rate in Edgewater, NJ?

The median cap rate across recently sold homes in Edgewater, NJ is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Edgewater, NJ?

The median sold price in Edgewater, NJ is $695,000 (about $515 per square foot).

Investing in Edgewater, NJ Real Estate

A data-driven snapshot of the Edgewater, 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.

$695,000Median sold price

$515Median $/sqft

1.7%Median cap rate

$-3,266Modeled cash flow / mo

-3.9%Appreciation YoY

4.7Months of supply

72Active listings

183Sold (last 12 mo)

What the Edgewater numbers say

In Edgewater, NJ, the median home sold for $695,000 (about $515 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-3,266 of monthly cash flow. Sold prices moved -3.9% over the past year. Inventory sits at about 4.7 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 Edgewater cash-flowing listings

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