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

Watchung, NJ has a median modeled monthly cash flow of $-6,108 and a median cap rate of -0.4%, on a median sold price of $907,500. Prices changed +5.1% year over year.

What is the average cap rate in Watchung, NJ?

The median cap rate across recently sold homes in Watchung, NJ is -0.4%, 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 $907,500 (about $371 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.

$907,500Median sold price

$371Median $/sqft

-0.4%Median cap rate

$-6,108Modeled cash flow / mo

+5.1%Appreciation YoY

2.3Months of supply

41Active listings

215Sold (last 12 mo)

What the Watchung numbers say

In Watchung, NJ, the median home sold for $907,500 (about $371 per square foot), and the typical deal models out to a -0.4% cap rate with a median $-6,108 of monthly cash flow. Sold prices moved +5.1% over the past year. Inventory sits at about 2.3 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 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.