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

Readington, NJ has a median modeled monthly cash flow of $-3,104 and a median cap rate of 0.5%, on a median sold price of $745,000. Prices changed -3.1% year over year.

What is the average cap rate in Readington, NJ?

The median cap rate across recently sold homes in Readington, NJ is 0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Readington, NJ?

The median sold price in Readington, NJ is $745,000 (about $286 per square foot).

Investing in Readington, NJ Real Estate

A data-driven snapshot of the Readington, 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.

$745,000Median sold price

$286Median $/sqft

0.6%Median cap rate

$-3,104Modeled cash flow / mo

-3.1%Appreciation YoY

4.2Months of supply

44Active listings

126Sold (last 12 mo)

What the Readington numbers say

In Readington, NJ, the median home sold for $745,000 (about $286 per square foot), and the typical deal models out to a 0.6% cap rate with a median $-3,104 of monthly cash flow. Sold prices moved -3.1% over the past year. Inventory sits at about 4.2 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 Readington cash-flowing listings

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