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

Millington, NJ has a median modeled monthly cash flow of $-3,970 and a median cap rate of 1.8%, on a median sold price of $917,500. Prices changed +20.4% year over year.

What is the average cap rate in Millington, NJ?

The median cap rate across recently sold homes in Millington, NJ is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millington, NJ?

The median sold price in Millington, NJ is $917,500 (about $396 per square foot).

Investing in Millington, NJ Real Estate

A data-driven snapshot of the Millington, 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.

$917,500Median sold price

$396Median $/sqft

1.8%Median cap rate

$-3,970Modeled cash flow / mo

+20.4%Appreciation YoY

2.1Months of supply

12Active listings

70Sold (last 12 mo)

What the Millington numbers say

In Millington, NJ, the median home sold for $917,500 (about $396 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,970 of monthly cash flow. Sold prices moved +20.4% over the past year. Inventory sits at about 2.1 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 Millington cash-flowing listings

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