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

Phillipsburg, NJ has a median modeled monthly cash flow of $-350 and a median cap rate of 5.1%, on a median sold price of $300,000. Prices changed -10.7% year over year.

What is the average cap rate in Phillipsburg, NJ?

The median cap rate across recently sold homes in Phillipsburg, NJ is 5.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Phillipsburg, NJ?

The median sold price in Phillipsburg, NJ is $300,000 (about $184 per square foot).

Investing in Phillipsburg, NJ Real Estate

A data-driven snapshot of the Phillipsburg, 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.

$300,000Median sold price

$184Median $/sqft

5.1%Median cap rate

$-350Modeled cash flow / mo

-10.7%Appreciation YoY

4.0Months of supply

54Active listings

163Sold (last 12 mo)

What the Phillipsburg numbers say

In Phillipsburg, NJ, the median home sold for $300,000 (about $184 per square foot), and the typical deal models out to a 5.1% cap rate with a median $-350 of monthly cash flow. Sold prices moved -10.7% over the past year. Inventory sits at about 4.0 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 Phillipsburg cash-flowing listings

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