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

Washington, NJ has a median modeled monthly cash flow of $-1,016 and a median cap rate of 3.6%, on a median sold price of $460,000. Prices changed +4.0% year over year.

What is the average cap rate in Washington, NJ?

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

What is the median home price in Washington, NJ?

The median sold price in Washington, NJ is $460,000 (about $222 per square foot).

Investing in Washington, NJ Real Estate

A data-driven snapshot of the Washington, 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.

$460,000Median sold price

$222Median $/sqft

3.6%Median cap rate

$-1,016Modeled cash flow / mo

+4.0%Appreciation YoY

5.5Months of supply

395Active listings

858Sold (last 12 mo)

What the Washington numbers say

In Washington, NJ, the median home sold for $460,000 (about $222 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-1,016 of monthly cash flow. Sold prices moved +4.0% over the past year. Inventory sits at about 5.5 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 Washington cash-flowing listings

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