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

Wanaque, NJ has a median modeled monthly cash flow of $-3,378 and a median cap rate of -1.1%, on a median sold price of $485,000. Prices changed -3.0% year over year.

What is the average cap rate in Wanaque, NJ?

The median cap rate across recently sold homes in Wanaque, NJ is -1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wanaque, NJ?

The median sold price in Wanaque, NJ is $485,000 (about $255 per square foot).

Investing in Wanaque, NJ Real Estate

A data-driven snapshot of the Wanaque, 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.

$485,000Median sold price

$255Median $/sqft

-1.1%Median cap rate

$-3,378Modeled cash flow / mo

-3.0%Appreciation YoY

1.1Months of supply

13Active listings

144Sold (last 12 mo)

What the Wanaque numbers say

In Wanaque, NJ, the median home sold for $485,000 (about $255 per square foot), and the typical deal models out to a -1.1% cap rate with a median $-3,378 of monthly cash flow. Sold prices moved -3.0% 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 Wanaque cash-flowing listings

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