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

Glen Ridge, NJ has a median modeled monthly cash flow of $-1,638 and a median cap rate of 3.7%, on a median sold price of $849,000. Prices changed -17.3% year over year.

What is the average cap rate in Glen Ridge, NJ?

The median cap rate across recently sold homes in Glen Ridge, NJ is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Glen Ridge, NJ?

The median sold price in Glen Ridge, NJ is $849,000 (about $466 per square foot).

Investing in Glen Ridge, NJ Real Estate

A data-driven snapshot of the Glen Ridge, 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.

$849,000Median sold price

$466Median $/sqft

3.7%Median cap rate

$-1,638Modeled cash flow / mo

-17.3%Appreciation YoY

0.6Months of supply

7Active listings

141Sold (last 12 mo)

What the Glen Ridge numbers say

In Glen Ridge, NJ, the median home sold for $849,000 (about $466 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,638 of monthly cash flow. Sold prices moved -17.3% over the past year. Inventory sits at about 0.6 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 Glen Ridge cash-flowing listings

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