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

Pittsgrove, NJ has a median modeled monthly cash flow of $-1,177 and a median cap rate of 2.7%, on a median sold price of $185,400. Prices changed -8.8% year over year.

What is the average cap rate in Pittsgrove, NJ?

The median cap rate across recently sold homes in Pittsgrove, NJ is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pittsgrove, NJ?

The median sold price in Pittsgrove, NJ is $185,400 (about $166 per square foot).

Investing in Pittsgrove, NJ Real Estate

A data-driven snapshot of the Pittsgrove, 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.

$185,400Median sold price

$166Median $/sqft

2.7%Median cap rate

$-1,177Modeled cash flow / mo

-8.8%Appreciation YoY

12.1Months of supply

86Active listings

85Sold (last 12 mo)

What the Pittsgrove numbers say

In Pittsgrove, NJ, the median home sold for $185,400 (about $166 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,177 of monthly cash flow. Sold prices moved -8.8% over the past year. Inventory sits at about 12.1 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 Pittsgrove cash-flowing listings

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