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

Vernon Center, NJ has a median modeled monthly cash flow of $-559 and a median cap rate of 3.6%, on a median sold price of $225,000. Prices changed n/a year over year.

What is the average cap rate in Vernon Center, NJ?

The median cap rate across recently sold homes in Vernon Center, NJ is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Vernon Center, NJ?

The median sold price in Vernon Center, NJ is $225,000.

Investing in Vernon Center, NJ Real Estate

A data-driven snapshot of the Vernon Center, 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.

$225,000Median sold price

—Median $/sqft

3.6%Median cap rate

$-559Modeled cash flow / mo

—Appreciation YoY

5.6Months of supply

39Active listings

84Sold (last 12 mo)

What the Vernon Center numbers say

In Vernon Center, NJ, the median home sold for $225,000, and the typical deal models out to a 3.6% cap rate with a median $-559 of monthly cash flow. Inventory sits at about 5.6 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 Vernon Center cash-flowing listings

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