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

Ocean City, NJ has a median modeled monthly cash flow of $-3,519 and a median cap rate of 3.3%, on a median sold price of $1,125,000. Prices changed +2.4% year over year.

What is the average cap rate in Ocean City, NJ?

The median cap rate across recently sold homes in Ocean City, NJ is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ocean City, NJ?

The median sold price in Ocean City, NJ is $1,125,000 (about $790 per square foot).

Investing in Ocean City, NJ Real Estate

A data-driven snapshot of the Ocean City, 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.

$1,125,000Median sold price

$790Median $/sqft

3.3%Median cap rate

$-3,519Modeled cash flow / mo

+2.4%Appreciation YoY

4.5Months of supply

232Active listings

620Sold (last 12 mo)

What the Ocean City numbers say

In Ocean City, NJ, the median home sold for $1,125,000 (about $790 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-3,519 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 4.5 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 Ocean City cash-flowing listings

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