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

Manchester, NJ has a median modeled monthly cash flow of $-968 and a median cap rate of 3.5%, on a median sold price of $396,000. Prices changed +0.8% year over year.

What is the average cap rate in Manchester, NJ?

The median cap rate across recently sold homes in Manchester, NJ is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Manchester, NJ?

The median sold price in Manchester, NJ is $396,000 (about $244 per square foot).

Investing in Manchester, NJ Real Estate

A data-driven snapshot of the Manchester, 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.

$396,000Median sold price

$244Median $/sqft

3.5%Median cap rate

$-968Modeled cash flow / mo

+0.8%Appreciation YoY

13.5Months of supply

363Active listings

322Sold (last 12 mo)

What the Manchester numbers say

In Manchester, NJ, the median home sold for $396,000 (about $244 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-968 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 13.5 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.

🔨 See 4 fix-and-flip deals in Manchester — listings where the estimated after-repair value beats list price + rehab.

Other New Jersey markets to compare

See Manchester cash-flowing listings

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