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

Jersey City, NJ has a median modeled monthly cash flow of $-2,777 and a median cap rate of 1.8%, on a median sold price of $750,000. Prices changed +3.1% year over year.

What is the average cap rate in Jersey City, NJ?

The median cap rate across recently sold homes in Jersey City, NJ is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Jersey City, NJ?

The median sold price in Jersey City, NJ is $750,000 (about $652 per square foot).

Investing in Jersey City, NJ Real Estate

A data-driven snapshot of the Jersey City, 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.

$750,000Median sold price

$652Median $/sqft

1.9%Median cap rate

$-2,777Modeled cash flow / mo

+3.1%Appreciation YoY

8.2Months of supply

1,263Active listings

1,839Sold (last 12 mo)

What the Jersey City numbers say

In Jersey City, NJ, the median home sold for $750,000 (about $652 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-2,777 of monthly cash flow. Sold prices moved +3.1% over the past year. Inventory sits at about 8.2 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 Jersey City cash-flowing listings

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