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

Mendham, NJ has a median modeled monthly cash flow of $-8,511 and a median cap rate of -0.9%, on a median sold price of $1,150,000. 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 -0.9%, 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 $1,150,000 (about $400 per square foot).

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.

$1,150,000Median sold price

$400Median $/sqft

-0.9%Median cap rate

$-8,511Modeled cash flow / mo

—Appreciation YoY

4.8Months of supply

50Active listings

126Sold (last 12 mo)

What the Mendham numbers say

In Mendham, NJ, the median home sold for $1,150,000 (about $400 per square foot), and the typical deal models out to a -0.9% cap rate with a median $-8,511 of monthly cash flow. Inventory sits at about 4.8 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 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.