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

Elmwood Park, NJ has a median modeled monthly cash flow of $-2,625 and a median cap rate of 2.3%, on a median sold price of $630,000. Prices changed -7.3% year over year.

What is the average cap rate in Elmwood Park, NJ?

The median cap rate across recently sold homes in Elmwood Park, NJ is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elmwood Park, NJ?

The median sold price in Elmwood Park, NJ is $630,000 (about $344 per square foot).

Investing in Elmwood Park, NJ Real Estate

A data-driven snapshot of the Elmwood Park, 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.

$630,000Median sold price

$344Median $/sqft

2.3%Median cap rate

$-2,625Modeled cash flow / mo

-7.3%Appreciation YoY

1.7Months of supply

22Active listings

153Sold (last 12 mo)

What the Elmwood Park numbers say

In Elmwood Park, NJ, the median home sold for $630,000 (about $344 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,625 of monthly cash flow. Sold prices moved -7.3% over the past year. Inventory sits at about 1.7 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 Elmwood Park cash-flowing listings

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