Is Menlo Park Terrace, NJ a good place to invest in rental property?

Menlo Park Terrace, NJ has a median modeled monthly cash flow of $-581 and a median cap rate of 3.2%, on a median sold price of $252,000. Prices changed -11.7% year over year.

What is the average cap rate in Menlo Park Terrace, NJ?

The median cap rate across recently sold homes in Menlo Park Terrace, NJ is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Menlo Park Terrace, NJ?

The median sold price in Menlo Park Terrace, NJ is $252,000 (about $380 per square foot).

Investing in Menlo Park Terrace, NJ Real Estate

A data-driven snapshot of the Menlo Park Terrace, 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.

$252,000Median sold price

$380Median $/sqft

3.2%Median cap rate

$-581Modeled cash flow / mo

-11.7%Appreciation YoY

0.9Months of supply

3Active listings

39Sold (last 12 mo)

What the Menlo Park Terrace numbers say

In Menlo Park Terrace, NJ, the median home sold for $252,000 (about $380 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-581 of monthly cash flow. Sold prices moved -11.7% over the past year. Inventory sits at about 0.9 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 Menlo Park Terrace cash-flowing listings

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