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

Fairfield, NJ has a median modeled monthly cash flow of $-761 and a median cap rate of 3.4%, on a median sold price of $790,000. Prices changed +19.7% year over year.

What is the average cap rate in Fairfield, NJ?

The median cap rate across recently sold homes in Fairfield, NJ is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fairfield, NJ?

The median sold price in Fairfield, NJ is $790,000 (about $243 per square foot).

Investing in Fairfield, NJ Real Estate

A data-driven snapshot of the Fairfield, 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.

$790,000Median sold price

$243Median $/sqft

3.4%Median cap rate

$-761Modeled cash flow / mo

+19.7%Appreciation YoY

5.1Months of supply

31Active listings

73Sold (last 12 mo)

What the Fairfield numbers say

In Fairfield, NJ, the median home sold for $790,000 (about $243 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-761 of monthly cash flow. Sold prices moved +19.7% over the past year. Inventory sits at about 5.1 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 Fairfield cash-flowing listings

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