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

Totowa, NJ has a median modeled monthly cash flow of $-2,312 and a median cap rate of 2.2%, on a median sold price of $724,950. Prices changed -6.4% year over year.

What is the average cap rate in Totowa, NJ?

The median cap rate across recently sold homes in Totowa, NJ is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Totowa, NJ?

The median sold price in Totowa, NJ is $724,950 (about $424 per square foot).

Investing in Totowa, NJ Real Estate

A data-driven snapshot of the Totowa, 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.

$724,950Median sold price

$424Median $/sqft

2.2%Median cap rate

$-2,312Modeled cash flow / mo

-6.4%Appreciation YoY

4.1Months of supply

25Active listings

74Sold (last 12 mo)

What the Totowa numbers say

In Totowa, NJ, the median home sold for $724,950 (about $424 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-2,312 of monthly cash flow. Sold prices moved -6.4% over the past year. Inventory sits at about 4.1 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 Totowa cash-flowing listings

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