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

Shrewsbury, NJ has a median modeled monthly cash flow of $-3,506 and a median cap rate of 2.4%, on a median sold price of $975,000. Prices changed +18.6% year over year.

What is the average cap rate in Shrewsbury, NJ?

The median cap rate across recently sold homes in Shrewsbury, NJ is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shrewsbury, NJ?

The median sold price in Shrewsbury, NJ is $975,000 (about $463 per square foot).

Investing in Shrewsbury, NJ Real Estate

A data-driven snapshot of the Shrewsbury, 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.

$975,000Median sold price

$463Median $/sqft

2.4%Median cap rate

$-3,506Modeled cash flow / mo

+18.6%Appreciation YoY

6.5Months of supply

18Active listings

33Sold (last 12 mo)

What the Shrewsbury numbers say

In Shrewsbury, NJ, the median home sold for $975,000 (about $463 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-3,506 of monthly cash flow. Sold prices moved +18.6% over the past year. Inventory sits at about 6.5 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 Shrewsbury cash-flowing listings

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