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

Gillette, NJ has a median modeled monthly cash flow of $-2,999 and a median cap rate of 2.0%, on a median sold price of $837,500. Prices changed n/a year over year.

What is the average cap rate in Gillette, NJ?

The median cap rate across recently sold homes in Gillette, NJ is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gillette, NJ?

The median sold price in Gillette, NJ is $837,500.

Investing in Gillette, NJ Real Estate

A data-driven snapshot of the Gillette, 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.

$837,500Median sold price

—Median $/sqft

2.0%Median cap rate

$-2,999Modeled cash flow / mo

—Appreciation YoY

1.4Months of supply

11Active listings

94Sold (last 12 mo)

What the Gillette numbers say

In Gillette, NJ, the median home sold for $837,500, and the typical deal models out to a 2.0% cap rate with a median $-2,999 of monthly cash flow. Inventory sits at about 1.4 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 Gillette cash-flowing listings

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