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

Short Hills, NJ has a median modeled monthly cash flow of $-7,081 and a median cap rate of 0.7%, on a median sold price of $1,527,508. Prices changed -11.2% year over year.

What is the average cap rate in Short Hills, NJ?

The median cap rate across recently sold homes in Short Hills, NJ is 0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Short Hills, NJ?

The median sold price in Short Hills, NJ is $1,527,508 (about $458 per square foot).

Investing in Short Hills, NJ Real Estate

A data-driven snapshot of the Short Hills, 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.

$1,527,508Median sold price

$458Median $/sqft

0.7%Median cap rate

$-7,081Modeled cash flow / mo

-11.2%Appreciation YoY

1.2Months of supply

36Active listings

348Sold (last 12 mo)

What the Short Hills numbers say

In Short Hills, NJ, the median home sold for $1,527,508 (about $458 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-7,081 of monthly cash flow. Sold prices moved -11.2% over the past year. Inventory sits at about 1.2 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 Short Hills cash-flowing listings

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