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

Ocean, NJ has a median modeled monthly cash flow of $-2,821 and a median cap rate of 1.9%, on a median sold price of $646,750. Prices changed +2.5% year over year.

What is the average cap rate in Ocean, NJ?

The median cap rate across recently sold homes in Ocean, NJ is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ocean, NJ?

The median sold price in Ocean, NJ is $646,750 (about $331 per square foot).

Investing in Ocean, NJ Real Estate

A data-driven snapshot of the Ocean, 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.

$646,750Median sold price

$331Median $/sqft

1.9%Median cap rate

$-2,821Modeled cash flow / mo

+2.5%Appreciation YoY

9.6Months of supply

233Active listings

292Sold (last 12 mo)

What the Ocean numbers say

In Ocean, NJ, the median home sold for $646,750 (about $331 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-2,821 of monthly cash flow. Sold prices moved +2.5% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-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 Ocean cash-flowing listings

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