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

North Plainfield, NJ has a median modeled monthly cash flow of $-1,195 and a median cap rate of 3.5%, on a median sold price of $505,000. Prices changed +2.2% year over year.

What is the average cap rate in North Plainfield, NJ?

The median cap rate across recently sold homes in North Plainfield, NJ is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Plainfield, NJ?

The median sold price in North Plainfield, NJ is $505,000 (about $302 per square foot).

Investing in North Plainfield, NJ Real Estate

A data-driven snapshot of the North Plainfield, 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.

$505,000Median sold price

$302Median $/sqft

3.5%Median cap rate

$-1,195Modeled cash flow / mo

+2.2%Appreciation YoY

2.1Months of supply

27Active listings

154Sold (last 12 mo)

What the North Plainfield numbers say

In North Plainfield, NJ, the median home sold for $505,000 (about $302 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,195 of monthly cash flow. Sold prices moved +2.2% 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 North Plainfield cash-flowing listings

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