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

Kearny, NJ has a median modeled monthly cash flow of $-1,937 and a median cap rate of 3.0%, on a median sold price of $600,500. Prices changed +4.8% year over year.

What is the average cap rate in Kearny, NJ?

The median cap rate across recently sold homes in Kearny, NJ is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kearny, NJ?

The median sold price in Kearny, NJ is $600,500 (about $357 per square foot).

Investing in Kearny, NJ Real Estate

A data-driven snapshot of the Kearny, 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.

$600,500Median sold price

$357Median $/sqft

3.0%Median cap rate

$-1,937Modeled cash flow / mo

+4.8%Appreciation YoY

6.5Months of supply

88Active listings

162Sold (last 12 mo)

What the Kearny numbers say

In Kearny, NJ, the median home sold for $600,500 (about $357 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,937 of monthly cash flow. Sold prices moved +4.8% over the past year. Inventory sits at about 6.5 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 Kearny cash-flowing listings

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