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

Whippany, NJ has a median modeled monthly cash flow of $-1,281 and a median cap rate of 3.8%, on a median sold price of $775,000. Prices changed -9.5% year over year.

What is the average cap rate in Whippany, NJ?

The median cap rate across recently sold homes in Whippany, NJ is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Whippany, NJ?

The median sold price in Whippany, NJ is $775,000 (about $402 per square foot).

Investing in Whippany, NJ Real Estate

A data-driven snapshot of the Whippany, 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.

$775,000Median sold price

$402Median $/sqft

3.8%Median cap rate

$-1,281Modeled cash flow / mo

-9.5%Appreciation YoY

0.8Months of supply

5Active listings

73Sold (last 12 mo)

What the Whippany numbers say

In Whippany, NJ, the median home sold for $775,000 (about $402 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-1,281 of monthly cash flow. Sold prices moved -9.5% over the past year. Inventory sits at about 0.8 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 Whippany cash-flowing listings

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