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

Palmyra, NJ has a median modeled monthly cash flow of $-573 and a median cap rate of 3.9%, on a median sold price of $315,000. Prices changed -5.3% year over year.

What is the average cap rate in Palmyra, NJ?

The median cap rate across recently sold homes in Palmyra, NJ is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Palmyra, NJ?

The median sold price in Palmyra, NJ is $315,000 (about $206 per square foot).

Investing in Palmyra, NJ Real Estate

A data-driven snapshot of the Palmyra, 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.

$315,000Median sold price

$206Median $/sqft

3.9%Median cap rate

$-573Modeled cash flow / mo

-5.3%Appreciation YoY

8.4Months of supply

74Active listings

106Sold (last 12 mo)

What the Palmyra numbers say

In Palmyra, NJ, the median home sold for $315,000 (about $206 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-573 of monthly cash flow. Sold prices moved -5.3% over the past year. Inventory sits at about 8.4 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 Palmyra cash-flowing listings

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