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Market MapNew JerseySalem

Salem County

New JerseyPopulation: 64,840
61
/100
Buy
#343 of 1,000 counties
#7 in New Jersey (21 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated July 20, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$304,020
Median Home Price
33% above national median
$18,369/mo
Est. Rent
Based on regional data
6.04%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
61/100
61
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
67/100

Based on 1.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
65/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
64,840
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
BurlingtonNJ
64$409,401$2,2106.48%BuyView
CurrentSalemNJ
61$304,020Est. pending—Buy
WarrenNJ
61$410,388$2,0125.88%BuyView
MercerNJ
60$431,761$2,5146.99%BuyView
MiddlesexNJ
58$567,497$2,5445.38%HoldView
OceanNJ
58$527,692$2,7356.22%HoldView

The Bottom Line

BuySalem offers solid investment potential with positive cash flow at typical financing.

Salem County in New Jersey scores 61/100, ranking #343 of 1,000 US counties (top 44%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Salem with stronger cash flow

  • Mercer County for cash-flow rentals
  • Burlington County for cash-flow rentals
  • Ocean County for cash-flow rentals

Head-to-head comparisons

  • Salem vs Warren for rentals
  • Salem vs Mercer for rentals
  • Salem vs Middlesex for rentals
All counties in New Jersey →

Rent vs buy in New Jersey cities

Rent vs buy in Newark, NJMedian $635,686 · rent $2,305/moRent vs buy in Jersey City, NJMedian $617,352 · rent $2,912/moRent vs buy in Paterson, NJMedian $574,942 · rent $2,282/moRent vs buy in Elizabeth, NJMedian $614,241 · rent $2,590/moRent vs buy in Lakewood, NJMedian $527,692 · rent $2,735/moAll New Jersey citiesFull rent-vs-buy directory for the state

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