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

Leonia, NJ has a median modeled monthly cash flow of $-2,410 and a median cap rate of 3.4%, on a median sold price of $827,500. Prices changed n/a year over year.

What is the average cap rate in Leonia, NJ?

The median cap rate across recently sold homes in Leonia, NJ is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Leonia, NJ?

The median sold price in Leonia, NJ is $827,500 (about $400 per square foot).

Investing in Leonia, NJ Real Estate

A data-driven snapshot of the Leonia, 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.

$827,500Median sold price

$400Median $/sqft

3.4%Median cap rate

$-2,410Modeled cash flow / mo

—Appreciation YoY

1.8Months of supply

8Active listings

54Sold (last 12 mo)

What the Leonia numbers say

In Leonia, NJ, the median home sold for $827,500 (about $400 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-2,410 of monthly cash flow. Inventory sits at about 1.8 months of supply — a tight, seller-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 Leonia cash-flowing listings

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