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

Fort Lee, NJ has a median modeled monthly cash flow of $-1,392 and a median cap rate of 2.9%, on a median sold price of $441,500. Prices changed -21.8% year over year.

What is the average cap rate in Fort Lee, NJ?

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

What is the median home price in Fort Lee, NJ?

The median sold price in Fort Lee, NJ is $441,500 (about $320 per square foot).

Investing in Fort Lee, NJ Real Estate

A data-driven snapshot of the Fort Lee, 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.

$441,500Median sold price

$320Median $/sqft

2.9%Median cap rate

$-1,392Modeled cash flow / mo

-21.8%Appreciation YoY

1.1Months of supply

46Active listings

492Sold (last 12 mo)

What the Fort Lee numbers say

In Fort Lee, NJ, the median home sold for $441,500 (about $320 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,392 of monthly cash flow. Sold prices moved -21.8% over the past year. Inventory sits at about 1.1 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 Fort Lee cash-flowing listings

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