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

Harrison, NJ has a median modeled monthly cash flow of $-1,685 and a median cap rate of 2.4%, on a median sold price of $647,000. Prices changed +13.0% year over year.

What is the average cap rate in Harrison, NJ?

The median cap rate across recently sold homes in Harrison, NJ is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Harrison, NJ?

The median sold price in Harrison, NJ is $647,000 (about $248 per square foot).

Investing in Harrison, NJ Real Estate

A data-driven snapshot of the Harrison, 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.

$647,000Median sold price

$248Median $/sqft

2.4%Median cap rate

$-1,685Modeled cash flow / mo

+13.0%Appreciation YoY

11.9Months of supply

104Active listings

105Sold (last 12 mo)

What the Harrison numbers say

In Harrison, NJ, the median home sold for $647,000 (about $248 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,685 of monthly cash flow. Sold prices moved +13.0% over the past year. Inventory sits at about 11.9 months of supply — a looser, buyer-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 Harrison cash-flowing listings

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