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

Mendham, NJ has a median modeled monthly cash flow of $-5,156 and a median cap rate of -0.5%, on a median sold price of $995,000. Prices changed n/a year over year.

What is the average cap rate in Mendham, NJ?

The median cap rate across recently sold homes in Mendham, NJ is -0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mendham, NJ?

The median sold price in Mendham, NJ is $995,000.

Investing in Mendham, NJ Real Estate

A data-driven snapshot of the Mendham, 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.

$995,000Median sold price

—Median $/sqft

-0.5%Median cap rate

$-5,156Modeled cash flow / mo

—Appreciation YoY

3.3Months of supply

25Active listings

90Sold (last 12 mo)

What the Mendham numbers say

In Mendham, NJ, the median home sold for $995,000, and the typical deal models out to a -0.5% cap rate with a median $-5,156 of monthly cash flow. Inventory sits at about 3.3 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 Mendham cash-flowing listings

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