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

South Plainfield, NJ has a median modeled monthly cash flow of $-1,840 and a median cap rate of 2.8%, on a median sold price of $580,000. Prices changed +0.8% year over year.

What is the average cap rate in South Plainfield, NJ?

The median cap rate across recently sold homes in South Plainfield, NJ is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in South Plainfield, NJ?

The median sold price in South Plainfield, NJ is $580,000 (about $371 per square foot).

Investing in South Plainfield, NJ Real Estate

A data-driven snapshot of the South Plainfield, 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.

$580,000Median sold price

$371Median $/sqft

2.8%Median cap rate

$-1,840Modeled cash flow / mo

+0.8%Appreciation YoY

5.3Months of supply

164Active listings

374Sold (last 12 mo)

What the South Plainfield numbers say

In South Plainfield, NJ, the median home sold for $580,000 (about $371 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,840 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 5.3 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 South Plainfield cash-flowing listings

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