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

Glen Ridge, NJ has a median modeled monthly cash flow of $-3,240 and a median cap rate of 2.2%, on a median sold price of $999,999. Prices changed -18.6% 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 2.2%, 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 $999,999 (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.

$999,999Median sold price

$466Median $/sqft

2.2%Median cap rate

$-3,240Modeled cash flow / mo

-18.6%Appreciation YoY

1.1Months of supply

11Active listings

124Sold (last 12 mo)

What the Glen Ridge numbers say

In Glen Ridge, NJ, the median home sold for $999,999 (about $466 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-3,240 of monthly cash flow. Sold prices moved -18.6% 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 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.