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

Manchester, NJ has a median modeled monthly cash flow of $-801 and a median cap rate of 3.8%, on a median sold price of $395,000. Prices changed +1.7% year over year.

What is the average cap rate in Manchester, NJ?

The median cap rate across recently sold homes in Manchester, NJ is 3.8%, 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 $395,000 (about $245 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.

$395,000Median sold price

$245Median $/sqft

3.8%Median cap rate

$-801Modeled cash flow / mo

+1.7%Appreciation YoY

11.1Months of supply

311Active listings

335Sold (last 12 mo)

What the Manchester numbers say

In Manchester, NJ, the median home sold for $395,000 (about $245 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-801 of monthly cash flow. Sold prices moved +1.7% over the past year. Inventory sits at about 11.1 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.