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

Whippany, NJ has a median modeled monthly cash flow of $-870 and a median cap rate of 4.5%, on a median sold price of $764,670. Prices changed -2.7% year over year.

What is the average cap rate in Whippany, NJ?

The median cap rate across recently sold homes in Whippany, NJ is 4.5%, 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 $764,670 (about $346 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.

$764,670Median sold price

$346Median $/sqft

4.5%Median cap rate

$-870Modeled cash flow / mo

-2.7%Appreciation YoY

0.4Months of supply

4Active listings

114Sold (last 12 mo)

What the Whippany numbers say

In Whippany, NJ, the median home sold for $764,670 (about $346 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-870 of monthly cash flow. Sold prices moved -2.7% over the past year. Inventory sits at about 0.4 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.