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

Forked River, NJ has a median modeled monthly cash flow of $-1,371 and a median cap rate of 3.2%, on a median sold price of $500,000. Prices changed -1.1% year over year.

What is the average cap rate in Forked River, NJ?

The median cap rate across recently sold homes in Forked River, NJ is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Forked River, NJ?

The median sold price in Forked River, NJ is $500,000 (about $310 per square foot).

Investing in Forked River, NJ Real Estate

A data-driven snapshot of the Forked River, 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.

$500,000Median sold price

$310Median $/sqft

3.2%Median cap rate

$-1,371Modeled cash flow / mo

-1.1%Appreciation YoY

5.3Months of supply

230Active listings

519Sold (last 12 mo)

What the Forked River numbers say

In Forked River, NJ, the median home sold for $500,000 (about $310 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,371 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 5.3 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 Forked River cash-flowing listings

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