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

Paramus, NJ has a median modeled monthly cash flow of $-4,120 and a median cap rate of 0.9%, on a median sold price of $1,150,000. Prices changed n/a year over year.

What is the average cap rate in Paramus, NJ?

The median cap rate across recently sold homes in Paramus, NJ is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Paramus, NJ?

The median sold price in Paramus, NJ is $1,150,000.

Investing in Paramus, NJ Real Estate

A data-driven snapshot of the Paramus, 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.

$1,150,000Median sold price

—Median $/sqft

0.9%Median cap rate

$-4,120Modeled cash flow / mo

—Appreciation YoY

0.9Months of supply

16Active listings

211Sold (last 12 mo)

What the Paramus numbers say

In Paramus, NJ, the median home sold for $1,150,000, and the typical deal models out to a 0.9% cap rate with a median $-4,120 of monthly cash flow. Inventory sits at about 0.9 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 Paramus cash-flowing listings

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