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

River Edge, NJ has a median modeled monthly cash flow of $-2,254 and a median cap rate of 2.6%, on a median sold price of $949,000. Prices changed +100.8% year over year.

What is the average cap rate in River Edge, NJ?

The median cap rate across recently sold homes in River Edge, NJ is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in River Edge, NJ?

The median sold price in River Edge, NJ is $949,000 (about $634 per square foot).

Investing in River Edge, NJ Real Estate

A data-driven snapshot of the River Edge, 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.

$949,000Median sold price

$634Median $/sqft

2.6%Median cap rate

$-2,254Modeled cash flow / mo

+100.8%Appreciation YoY

0.7Months of supply

5Active listings

83Sold (last 12 mo)

What the River Edge numbers say

In River Edge, NJ, the median home sold for $949,000 (about $634 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-2,254 of monthly cash flow. Sold prices moved +100.8% over the past year. Inventory sits at about 0.7 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 River Edge cash-flowing listings

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