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

Packanack Lake, NJ has a median modeled monthly cash flow of $-4,340 and a median cap rate of -0.7%, on a median sold price of $777,000. Prices changed n/a year over year.

What is the average cap rate in Packanack Lake, NJ?

The median cap rate across recently sold homes in Packanack Lake, NJ is -0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Packanack Lake, NJ?

The median sold price in Packanack Lake, NJ is $777,000.

Investing in Packanack Lake, NJ Real Estate

A data-driven snapshot of the Packanack Lake, 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.

$777,000Median sold price

—Median $/sqft

-0.7%Median cap rate

$-4,340Modeled cash flow / mo

—Appreciation YoY

0.7Months of supply

7Active listings

117Sold (last 12 mo)

What the Packanack Lake numbers say

In Packanack Lake, NJ, the median home sold for $777,000, and the typical deal models out to a -0.7% cap rate with a median $-4,340 of monthly cash flow. Inventory sits at about 0.7 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 Packanack Lake cash-flowing listings

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