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

Franklin, NJ has a median modeled monthly cash flow of $-897 and a median cap rate of 2.9%, on a median sold price of $402,010. Prices changed n/a year over year.

What is the average cap rate in Franklin, NJ?

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

What is the median home price in Franklin, NJ?

The median sold price in Franklin, NJ is $402,010.

Investing in Franklin, NJ Real Estate

A data-driven snapshot of the Franklin, 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.

$402,010Median sold price

—Median $/sqft

2.9%Median cap rate

$-897Modeled cash flow / mo

—Appreciation YoY

2.2Months of supply

19Active listings

105Sold (last 12 mo)

What the Franklin numbers say

In Franklin, NJ, the median home sold for $402,010, and the typical deal models out to a 2.9% cap rate with a median $-897 of monthly cash flow. Inventory sits at about 2.2 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 Franklin cash-flowing listings

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