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

Ridgefield Park, NJ has a median modeled monthly cash flow of $-1,501 and a median cap rate of 3.5%, on a median sold price of $613,750. Prices changed n/a year over year.

What is the average cap rate in Ridgefield Park, NJ?

The median cap rate across recently sold homes in Ridgefield Park, NJ is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ridgefield Park, NJ?

The median sold price in Ridgefield Park, NJ is $613,750.

Investing in Ridgefield Park, NJ Real Estate

A data-driven snapshot of the Ridgefield Park, 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.

$613,750Median sold price

—Median $/sqft

3.5%Median cap rate

$-1,501Modeled cash flow / mo

—Appreciation YoY

4.0Months of supply

29Active listings

88Sold (last 12 mo)

What the Ridgefield Park numbers say

In Ridgefield Park, NJ, the median home sold for $613,750, and the typical deal models out to a 3.5% cap rate with a median $-1,501 of monthly cash flow. 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 Ridgefield Park cash-flowing listings

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