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

Hoboken, NJ has a median modeled monthly cash flow of $-3,525 and a median cap rate of 1.6%, on a median sold price of $978,600. Prices changed +8.3% year over year.

What is the average cap rate in Hoboken, NJ?

The median cap rate across recently sold homes in Hoboken, NJ is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hoboken, NJ?

The median sold price in Hoboken, NJ is $978,600 (about $949 per square foot).

Investing in Hoboken, NJ Real Estate

A data-driven snapshot of the Hoboken, 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.

$978,600Median sold price

$949Median $/sqft

1.6%Median cap rate

$-3,525Modeled cash flow / mo

+8.3%Appreciation YoY

12.4Months of supply

615Active listings

593Sold (last 12 mo)

What the Hoboken numbers say

In Hoboken, NJ, the median home sold for $978,600 (about $949 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-3,525 of monthly cash flow. Sold prices moved +8.3% over the past year. Inventory sits at about 12.4 months of supply — a looser, buyer-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 Hoboken cash-flowing listings

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