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MarketsMarket MapTrenton, NJ
Metropolitan Area

Trenton, NJ

New Jersey0
53
/100
Hold
#679 of 894 metros
Top 76% nationally for investing

Market Snapshot

$446,377
Median Home Price
75% above national median
$2,623/mo
Median Rent
89% above national median
7.05%
Rent-to-Price Ratio
Top 24% nationally
-$635
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$446,377
Down Payment (20%)$89,275
Loan Amount$357,102
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,623
Monthly P&I-$2,340
Est. Expenses (35%)-$918
Net Cash Flow-$635/mo
4.6%
Cap Rate (all cash)
-7.4%
Cash-on-Cash Return
7.05%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
53/100
53
Cash Flow(30%)
71/100

Based on 7.05% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
49/100

Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
36/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (7.05%)
  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$635/mo)
  • -Negative leverage (cap rate 4.6% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Trenton, NJ

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Columbus, MS
Columbus, MS
73$190,558$1,3918.76%BuyView
Salina, KS
Salina, KS
73$180,234$1,0446.95%BuyView
Marion, IN
Marion, IN
73$156,372$8866.80%BuyView
Oneonta, NY
Oneonta, NY
73$216,762$1,4798.19%BuyView
Fairmont, WV
Fairmont, WV
73$169,410$1,1488.13%BuyView
Current
Trenton, NJ
53$446,377$2,6237.05%Hold

Rent vs buy in this metro

Rent vs buy in Trenton, NJMedian $431,761 · rent $2,514/mo

The Bottom Line

HoldTrenton, NJ is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Trenton, NJ metro area scores 53/100, ranking #679 of 894 US metros (top 76%). The 7.05% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-635/mo
Cap Rate
4.6%
Cash-on-Cash
-8.5%

Ready to Invest in Trenton, NJ?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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