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

Montclair, NJ has a median modeled monthly cash flow of $-2,099 and a median cap rate of 3.2%, on a median sold price of $1,162,500. Prices changed n/a year over year.

What is the average cap rate in Montclair, NJ?

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

What is the median home price in Montclair, NJ?

The median sold price in Montclair, NJ is $1,162,500.

Investing in Montclair, NJ Real Estate

A data-driven snapshot of the Montclair, 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.

$1,162,500Median sold price

—Median $/sqft

3.2%Median cap rate

$-2,099Modeled cash flow / mo

—Appreciation YoY

4.4Months of supply

89Active listings

241Sold (last 12 mo)

What the Montclair numbers say

In Montclair, NJ, the median home sold for $1,162,500, and the typical deal models out to a 3.2% cap rate with a median $-2,099 of monthly cash flow. Inventory sits at about 4.4 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 Montclair cash-flowing listings

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