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

Florence, NJ has a median modeled monthly cash flow of $-839 and a median cap rate of 3.5%, on a median sold price of $375,000. Prices changed +4.9% year over year.

What is the average cap rate in Florence, NJ?

The median cap rate across recently sold homes in Florence, NJ is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Florence, NJ?

The median sold price in Florence, NJ is $375,000 (about $237 per square foot).

Investing in Florence, NJ Real Estate

A data-driven snapshot of the Florence, 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.

$375,000Median sold price

$237Median $/sqft

3.5%Median cap rate

$-839Modeled cash flow / mo

+4.9%Appreciation YoY

10.1Months of supply

97Active listings

115Sold (last 12 mo)

What the Florence numbers say

In Florence, NJ, the median home sold for $375,000 (about $237 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-839 of monthly cash flow. Sold prices moved +4.9% over the past year. Inventory sits at about 10.1 months of supply — a looser, buyer-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 Florence cash-flowing listings

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