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

Morganville, NJ has a median modeled monthly cash flow of $-3,321 and a median cap rate of 1.8%, on a median sold price of $795,000. Prices changed +0.5% year over year.

What is the average cap rate in Morganville, NJ?

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

What is the median home price in Morganville, NJ?

The median sold price in Morganville, NJ is $795,000 (about $368 per square foot).

Investing in Morganville, NJ Real Estate

A data-driven snapshot of the Morganville, 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.

$795,000Median sold price

$368Median $/sqft

1.8%Median cap rate

$-3,321Modeled cash flow / mo

+0.5%Appreciation YoY

4.9Months of supply

21Active listings

51Sold (last 12 mo)

What the Morganville numbers say

In Morganville, NJ, the median home sold for $795,000 (about $368 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,321 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 4.9 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 Morganville cash-flowing listings

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