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

Northfield, NJ has a median modeled monthly cash flow of $-214 and a median cap rate of 5.5%, on a median sold price of $290,000. Prices changed +2.3% year over year.

What is the average cap rate in Northfield, NJ?

The median cap rate across recently sold homes in Northfield, NJ is 5.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northfield, NJ?

The median sold price in Northfield, NJ is $290,000 (about $220 per square foot).

Investing in Northfield, NJ Real Estate

A data-driven snapshot of the Northfield, 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.

$290,000Median sold price

$220Median $/sqft

5.5%Median cap rate

$-214Modeled cash flow / mo

+2.3%Appreciation YoY

3.6Months of supply

54Active listings

182Sold (last 12 mo)

What the Northfield numbers say

In Northfield, NJ, the median home sold for $290,000 (about $220 per square foot), and the typical deal models out to a 5.5% cap rate with a median $-214 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 3.6 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 Northfield cash-flowing listings

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