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

Irvington, NJ has a median modeled monthly cash flow of $-671 and a median cap rate of 5.0%, on a median sold price of $490,000. Prices changed -9.9% year over year.

What is the average cap rate in Irvington, NJ?

The median cap rate across recently sold homes in Irvington, NJ is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Irvington, NJ?

The median sold price in Irvington, NJ is $490,000 (about $272 per square foot).

Investing in Irvington, NJ Real Estate

A data-driven snapshot of the Irvington, 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.

$490,000Median sold price

$272Median $/sqft

5.0%Median cap rate

$-671Modeled cash flow / mo

-9.9%Appreciation YoY

11.7Months of supply

271Active listings

279Sold (last 12 mo)

What the Irvington numbers say

In Irvington, NJ, the median home sold for $490,000 (about $272 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-671 of monthly cash flow. Sold prices moved -9.9% over the past year. Inventory sits at about 11.7 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 Irvington cash-flowing listings

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