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

Hillside, NJ has a median modeled monthly cash flow of $-1,550 and a median cap rate of 3.7%, on a median sold price of $567,000. Prices changed +26.6% year over year.

What is the average cap rate in Hillside, NJ?

The median cap rate across recently sold homes in Hillside, NJ is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hillside, NJ?

The median sold price in Hillside, NJ is $567,000 (about $378 per square foot).

Investing in Hillside, NJ Real Estate

A data-driven snapshot of the Hillside, 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.

$567,000Median sold price

$378Median $/sqft

3.7%Median cap rate

$-1,550Modeled cash flow / mo

+26.6%Appreciation YoY

5.9Months of supply

54Active listings

109Sold (last 12 mo)

What the Hillside numbers say

In Hillside, NJ, the median home sold for $567,000 (about $378 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,550 of monthly cash flow. Sold prices moved +26.6% over the past year. Inventory sits at about 5.9 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 Hillside cash-flowing listings

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