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

Verona, NJ has a median modeled monthly cash flow of $-890 and a median cap rate of 3.7%, on a median sold price of $720,000. Prices changed +18.5% year over year.

What is the average cap rate in Verona, NJ?

The median cap rate across recently sold homes in Verona, NJ is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Verona, NJ?

The median sold price in Verona, NJ is $720,000 (about $423 per square foot).

Investing in Verona, NJ Real Estate

A data-driven snapshot of the Verona, 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.

$720,000Median sold price

$423Median $/sqft

3.7%Median cap rate

$-890Modeled cash flow / mo

+18.5%Appreciation YoY

1.1Months of supply

16Active listings

170Sold (last 12 mo)

What the Verona numbers say

In Verona, NJ, the median home sold for $720,000 (about $423 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-890 of monthly cash flow. Sold prices moved +18.5% over the past year. Inventory sits at about 1.1 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 Verona cash-flowing listings

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