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

Groveville, NJ has a median modeled monthly cash flow of $-1,257 and a median cap rate of 2.5%, on a median sold price of $490,000. Prices changed -0.4% year over year.

What is the average cap rate in Groveville, NJ?

The median cap rate across recently sold homes in Groveville, NJ is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Groveville, NJ?

The median sold price in Groveville, NJ is $490,000 (about $265 per square foot).

Investing in Groveville, NJ Real Estate

A data-driven snapshot of the Groveville, 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.

$490,000Median sold price

$265Median $/sqft

2.5%Median cap rate

$-1,257Modeled cash flow / mo

-0.4%Appreciation YoY

3.1Months of supply

9Active listings

35Sold (last 12 mo)

What the Groveville numbers say

In Groveville, NJ, the median home sold for $490,000 (about $265 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,257 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 3.1 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 Groveville cash-flowing listings

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