Is Wood-Ridge, NJ a good place to invest in rental property?

Wood-Ridge, NJ has a median modeled monthly cash flow of $-2,284 and a median cap rate of 2.4%, on a median sold price of $715,000. Prices changed -2.6% year over year.

What is the average cap rate in Wood-Ridge, NJ?

The median cap rate across recently sold homes in Wood-Ridge, NJ is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wood-Ridge, NJ?

The median sold price in Wood-Ridge, NJ is $715,000 (about $444 per square foot).

Investing in Wood-Ridge, NJ Real Estate

A data-driven snapshot of the Wood-Ridge, 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.

$715,000Median sold price

$444Median $/sqft

2.4%Median cap rate

$-2,284Modeled cash flow / mo

-2.6%Appreciation YoY

0.6Months of supply

5Active listings

93Sold (last 12 mo)

What the Wood-Ridge numbers say

In Wood-Ridge, NJ, the median home sold for $715,000 (about $444 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-2,284 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 0.6 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 Wood-Ridge cash-flowing listings

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