Calculate cap rates using New Jersey market data. Property tax, insurance, vacancy rates, and other defaults are pre-filled with current New Jersey averages. Net Operating Income ÷ Property Price
Avg Cap Rate
5%
Median Price
$521K
Property Tax
1.68%
Vacancy Rate
3.6%
Local Factors
Cap Rate
2.0%
What does this mean?
A cap rate below 4% is typical for premium locations with lower risk but limited cash flow. Common in Class A properties in major metros.
Keep running the numbers
Cap rate tells you the return without financing. Now see what happens when you add a mortgage with New Jersey rates.
Measure the annual return on your actual cash invested, factoring in financing, expenses, and rental income.
Calculate Net Operating Income — the foundation of commercial real estate valuation.
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