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

Fanwood, NJ has a median modeled monthly cash flow of $-2,658 and a median cap rate of 2.9%, on a median sold price of $822,500. Prices changed +8.2% year over year.

What is the average cap rate in Fanwood, NJ?

The median cap rate across recently sold homes in Fanwood, NJ is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fanwood, NJ?

The median sold price in Fanwood, NJ is $822,500 (about $421 per square foot).

Investing in Fanwood, NJ Real Estate

A data-driven snapshot of the Fanwood, 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.

$822,500Median sold price

$421Median $/sqft

2.9%Median cap rate

$-2,658Modeled cash flow / mo

+8.2%Appreciation YoY

1.4Months of supply

17Active listings

148Sold (last 12 mo)

What the Fanwood numbers say

In Fanwood, NJ, the median home sold for $822,500 (about $421 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-2,658 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 1.4 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 Fanwood cash-flowing listings

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