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

Garwood, NJ has a median modeled monthly cash flow of $-1,838 and a median cap rate of 3.3%, on a median sold price of $705,000. Prices changed n/a year over year.

What is the average cap rate in Garwood, NJ?

The median cap rate across recently sold homes in Garwood, NJ is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Garwood, NJ?

The median sold price in Garwood, NJ is $705,000 (about $473 per square foot).

Investing in Garwood, NJ Real Estate

A data-driven snapshot of the Garwood, 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.

$705,000Median sold price

$473Median $/sqft

3.3%Median cap rate

$-1,838Modeled cash flow / mo

—Appreciation YoY

1.7Months of supply

11Active listings

77Sold (last 12 mo)

What the Garwood numbers say

In Garwood, NJ, the median home sold for $705,000 (about $473 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,838 of monthly cash flow. Inventory sits at about 1.7 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 Garwood cash-flowing listings

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