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

Ridgewood, NJ has a median modeled monthly cash flow of $-1,535 and a median cap rate of 4.3%, on a median sold price of $1,300,000. Prices changed -38.2% year over year.

What is the average cap rate in Ridgewood, NJ?

The median cap rate across recently sold homes in Ridgewood, NJ is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ridgewood, NJ?

The median sold price in Ridgewood, NJ is $1,300,000 (about $346 per square foot).

Investing in Ridgewood, NJ Real Estate

A data-driven snapshot of the Ridgewood, 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.

$1,300,000Median sold price

$346Median $/sqft

4.3%Median cap rate

$-1,535Modeled cash flow / mo

-38.2%Appreciation YoY

0.5Months of supply

8Active listings

209Sold (last 12 mo)

What the Ridgewood numbers say

In Ridgewood, NJ, the median home sold for $1,300,000 (about $346 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-1,535 of monthly cash flow. Sold prices moved -38.2% over the past year. Inventory sits at about 0.5 months of supply — a tight, seller-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 Ridgewood cash-flowing listings

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