Is Peapack and Gladstone, NJ a good place to invest in rental property?

Peapack and Gladstone, NJ has a median modeled monthly cash flow of $-9,149 and a median cap rate of -0.8%, on a median sold price of $1,242,500. Prices changed n/a year over year.

What is the average cap rate in Peapack and Gladstone, NJ?

The median cap rate across recently sold homes in Peapack and Gladstone, NJ is -0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Peapack and Gladstone, NJ?

The median sold price in Peapack and Gladstone, NJ is $1,242,500 (about $224 per square foot).

Investing in Peapack and Gladstone, NJ Real Estate

A data-driven snapshot of the Peapack and Gladstone, 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.

$1,242,500Median sold price

$224Median $/sqft

-0.8%Median cap rate

$-9,149Modeled cash flow / mo

—Appreciation YoY

4.5Months of supply

23Active listings

62Sold (last 12 mo)

What the Peapack and Gladstone numbers say

In Peapack and Gladstone, NJ, the median home sold for $1,242,500 (about $224 per square foot), and the typical deal models out to a -0.8% cap rate with a median $-9,149 of monthly cash flow. Inventory sits at about 4.5 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 Peapack and Gladstone cash-flowing listings

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