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

Somers Point, NJ has a median modeled monthly cash flow of $-1,232 and a median cap rate of 3.3%, on a median sold price of $447,500. Prices changed -12.1% year over year.

What is the average cap rate in Somers Point, NJ?

The median cap rate across recently sold homes in Somers Point, NJ is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Somers Point, NJ?

The median sold price in Somers Point, NJ is $447,500 (about $312 per square foot).

Investing in Somers Point, NJ Real Estate

A data-driven snapshot of the Somers Point, 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.

$447,500Median sold price

$312Median $/sqft

3.3%Median cap rate

$-1,232Modeled cash flow / mo

-12.1%Appreciation YoY

10.6Months of supply

122Active listings

138Sold (last 12 mo)

What the Somers Point numbers say

In Somers Point, NJ, the median home sold for $447,500 (about $312 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,232 of monthly cash flow. Sold prices moved -12.1% over the past year. Inventory sits at about 10.6 months of supply — a looser, buyer-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 Somers Point cash-flowing listings

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