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

Hillsborough, NJ has a median modeled monthly cash flow of $-1,732 and a median cap rate of 2.4%, on a median sold price of $487,000. Prices changed +0.3% year over year.

What is the average cap rate in Hillsborough, NJ?

The median cap rate across recently sold homes in Hillsborough, NJ is 2.4%, 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 $487,000 (about $317 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.

$487,000Median sold price

$317Median $/sqft

2.4%Median cap rate

$-1,732Modeled cash flow / mo

+0.3%Appreciation YoY

6.7Months of supply

176Active listings

314Sold (last 12 mo)

What the Hillsborough numbers say

In Hillsborough, NJ, the median home sold for $487,000 (about $317 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,732 of monthly cash flow. Sold prices moved +0.3% over the past year. Inventory sits at about 6.7 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 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.