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

Spring Lake, NJ has a median modeled monthly cash flow of $-34,326 and a median cap rate of 0.1%, on a median sold price of $3,975,000. Prices changed +16.4% year over year.

What is the average cap rate in Spring Lake, NJ?

The median cap rate across recently sold homes in Spring Lake, NJ is 0.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spring Lake, NJ?

The median sold price in Spring Lake, NJ is $3,975,000 (about $1,325 per square foot).

Investing in Spring Lake, NJ Real Estate

A data-driven snapshot of the Spring Lake, 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.

$3,975,000Median sold price

$1,325Median $/sqft

0.1%Median cap rate

$-34,326Modeled cash flow / mo

+16.4%Appreciation YoY

4.9Months of supply

19Active listings

47Sold (last 12 mo)

What the Spring Lake numbers say

In Spring Lake, NJ, the median home sold for $3,975,000 (about $1,325 per square foot), and the typical deal models out to a 0.1% cap rate with a median $-34,326 of monthly cash flow. Sold prices moved +16.4% over the past year. Inventory sits at about 4.9 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 Spring Lake cash-flowing listings

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