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

Palermo, NJ has a median modeled monthly cash flow of $-2,495 and a median cap rate of 1.1%, on a median sold price of $480,443. Prices changed -2.5% year over year.

What is the average cap rate in Palermo, NJ?

The median cap rate across recently sold homes in Palermo, NJ is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palermo, NJ?

The median sold price in Palermo, NJ is $480,443 (about $236 per square foot).

Investing in Palermo, NJ Real Estate

A data-driven snapshot of the Palermo, 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.

$480,443Median sold price

$236Median $/sqft

1.1%Median cap rate

$-2,495Modeled cash flow / mo

-2.5%Appreciation YoY

5.6Months of supply

16Active listings

34Sold (last 12 mo)

What the Palermo numbers say

In Palermo, NJ, the median home sold for $480,443 (about $236 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,495 of monthly cash flow. Sold prices moved -2.5% over the past year. Inventory sits at about 5.6 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 Palermo cash-flowing listings

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