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

Rumson, NJ has a median modeled monthly cash flow of $-4,469 and a median cap rate of 3.6%, on a median sold price of $2,287,500. Prices changed +11.4% year over year.

What is the average cap rate in Rumson, NJ?

The median cap rate across recently sold homes in Rumson, NJ is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rumson, NJ?

The median sold price in Rumson, NJ is $2,287,500 (about $724 per square foot).

Investing in Rumson, NJ Real Estate

A data-driven snapshot of the Rumson, 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.

$2,287,500Median sold price

$724Median $/sqft

3.6%Median cap rate

$-4,469Modeled cash flow / mo

+11.4%Appreciation YoY

5.7Months of supply

45Active listings

94Sold (last 12 mo)

What the Rumson numbers say

In Rumson, NJ, the median home sold for $2,287,500 (about $724 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-4,469 of monthly cash flow. Sold prices moved +11.4% over the past year. Inventory sits at about 5.7 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 Rumson cash-flowing listings

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