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

Harrison, NJ has a median modeled monthly cash flow of $-2,914 and a median cap rate of 2.2%, on a median sold price of $745,000. Prices changed +2.2% year over year.

What is the average cap rate in Harrison, NJ?

The median cap rate across recently sold homes in Harrison, NJ is 2.2%, 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 $745,000 (about $332 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.

$745,000Median sold price

$332Median $/sqft

2.2%Median cap rate

$-2,914Modeled cash flow / mo

+2.2%Appreciation YoY

6.4Months of supply

24Active listings

45Sold (last 12 mo)

What the Harrison numbers say

In Harrison, NJ, the median home sold for $745,000 (about $332 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-2,914 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 6.4 months of supply. 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.