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

Somers Point, NJ has a median modeled monthly cash flow of $-1,353 and a median cap rate of 2.8%, on a median sold price of $445,000. Prices changed -3.5% 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 2.8%, 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 $445,000 (about $327 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.

$445,000Median sold price

$327Median $/sqft

2.8%Median cap rate

$-1,353Modeled cash flow / mo

-3.5%Appreciation YoY

8.1Months of supply

101Active listings

150Sold (last 12 mo)

What the Somers Point numbers say

In Somers Point, NJ, the median home sold for $445,000 (about $327 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,353 of monthly cash flow. Sold prices moved -3.5% over the past year. Inventory sits at about 8.1 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.