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

Hillsborough, NJ has a median modeled monthly cash flow of $-1,620 and a median cap rate of 2.6%, on a median sold price of $462,500. Prices changed -2.7% year over year.

What is the average cap rate in Hillsborough, NJ?

The median cap rate across recently sold homes in Hillsborough, NJ is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hillsborough, NJ?

The median sold price in Hillsborough, NJ is $462,500 (about $308 per square foot).

Investing in Hillsborough, NJ Real Estate

A data-driven snapshot of the Hillsborough, 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.

$462,500Median sold price

$308Median $/sqft

2.6%Median cap rate

$-1,620Modeled cash flow / mo

-2.7%Appreciation YoY

3.0Months of supply

68Active listings

272Sold (last 12 mo)

What the Hillsborough numbers say

In Hillsborough, NJ, the median home sold for $462,500 (about $308 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,620 of monthly cash flow. Sold prices moved -2.7% over the past year. Inventory sits at about 3.0 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 Hillsborough cash-flowing listings

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