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

Tenafly, NJ has a median modeled monthly cash flow of $-3,615 and a median cap rate of 2.7%, on a median sold price of $1,640,000. Prices changed n/a year over year.

What is the average cap rate in Tenafly, NJ?

The median cap rate across recently sold homes in Tenafly, NJ is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tenafly, NJ?

The median sold price in Tenafly, NJ is $1,640,000.

Investing in Tenafly, NJ Real Estate

A data-driven snapshot of the Tenafly, 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.

$1,640,000Median sold price

—Median $/sqft

2.7%Median cap rate

$-3,615Modeled cash flow / mo

—Appreciation YoY

0.3Months of supply

3Active listings

115Sold (last 12 mo)

What the Tenafly numbers say

In Tenafly, NJ, the median home sold for $1,640,000, and the typical deal models out to a 2.7% cap rate with a median $-3,615 of monthly cash flow. Inventory sits at about 0.3 months of supply — a tight, seller-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 Tenafly cash-flowing listings

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