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

Watchung, NJ has a median modeled monthly cash flow of $-7,385 and a median cap rate of -0.6%, on a median sold price of $999,500. Prices changed n/a year over year.

What is the average cap rate in Watchung, NJ?

The median cap rate across recently sold homes in Watchung, NJ is -0.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Watchung, NJ?

The median sold price in Watchung, NJ is $999,500 (about $370 per square foot).

Investing in Watchung, NJ Real Estate

A data-driven snapshot of the Watchung, 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.

$999,500Median sold price

$370Median $/sqft

-0.6%Median cap rate

$-7,385Modeled cash flow / mo

—Appreciation YoY

4.7Months of supply

26Active listings

66Sold (last 12 mo)

What the Watchung numbers say

In Watchung, NJ, the median home sold for $999,500 (about $370 per square foot), and the typical deal models out to a -0.6% cap rate with a median $-7,385 of monthly cash flow. Inventory sits at about 4.7 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 Watchung cash-flowing listings

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