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

Paramus, NJ has a median modeled monthly cash flow of $-5,266 and a median cap rate of 0.6%, on a median sold price of $999,999. Prices changed +20.0% year over year.

What is the average cap rate in Paramus, NJ?

The median cap rate across recently sold homes in Paramus, NJ is 0.6%, 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 $999,999 (about $517 per square foot).

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.

$999,999Median sold price

$517Median $/sqft

0.6%Median cap rate

$-5,266Modeled cash flow / mo

+20.0%Appreciation YoY

0.4Months of supply

9Active listings

244Sold (last 12 mo)

What the Paramus numbers say

In Paramus, NJ, the median home sold for $999,999 (about $517 per square foot), and the typical deal models out to a 0.6% cap rate with a median $-5,266 of monthly cash flow. Sold prices moved +20.0% over the past year. Inventory sits at about 0.4 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.