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

Highland Lakes, NJ has a median modeled monthly cash flow of $-1,733 and a median cap rate of 1.7%, on a median sold price of $395,000. Prices changed n/a year over year.

What is the average cap rate in Highland Lakes, NJ?

The median cap rate across recently sold homes in Highland Lakes, NJ is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Highland Lakes, NJ?

The median sold price in Highland Lakes, NJ is $395,000.

Investing in Highland Lakes, NJ Real Estate

A data-driven snapshot of the Highland Lakes, 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.

$395,000Median sold price

—Median $/sqft

1.7%Median cap rate

$-1,733Modeled cash flow / mo

—Appreciation YoY

2.4Months of supply

22Active listings

111Sold (last 12 mo)

What the Highland Lakes numbers say

In Highland Lakes, NJ, the median home sold for $395,000, and the typical deal models out to a 1.7% cap rate with a median $-1,733 of monthly cash flow. Inventory sits at about 2.4 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 Highland Lakes cash-flowing listings

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