Is Bergen County, NJ good for real estate investing?

Bergen County has an investment score of 52/100, rated as "Hold". The county ranks #513 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Bergen?

The rent-to-price ratio in Bergen County is 4.47% annually, which ranks in the 15th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Bergen?

The median home price in Bergen County is $748,175. This ranks #976 in affordability among all US counties.

Can you cash flow on rental properties in Bergen?

Based on median values with 20% down at current rates, a typical rental in Bergen County would generate negative cash flow of $2,111/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Bergen County

New JerseyPopulation: 953,243New York, NY Metro

/100

Hold

#513 of 1,000 counties

#14 in New Jersey (21 counties)

Market Snapshot

$748,175

Median Home Price

220% above national median

$2,786/mo

Median Rent

84% above national median

4.47%

Rent-to-Price Ratio

Top 85% nationally

-$2,111

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$748,175

Down Payment (20%)$149,635

Loan Amount$598,540

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,786

Monthly P&I-$3,922

Est. Expenses (35%)-$975

Net Cash Flow-$2,111/mo

2.9%

Cap Rate (all cash)

-14.7%

Cash-on-Cash Return

4.47%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 2.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

52/100

Cash Flow(30%)

37/100

Based on 4.47% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

86/100

Based on 4.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

37/100

Price-to-income ratio of 6.3x. Lower ratios indicate more affordable markets.

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

+Complete rent data available

Challenges

-Below-average rent-to-price ratio (4.47%)
-Negative cash flow at typical financing (-$2,111/mo)
-Negative leverage (cap rate 2.9% < mortgage rate 6.9%)
-High price-to-income ratio makes financing challenging

Economic Indicators

Population

953,243

Median Income

$118,714

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

6.3x

Less affordable

Compare to Nearby Counties

County					Verdict
MorrisNJ	55	$677,872	$2,834	5.02%	Hold	View
SomersetNJ	53	$640,205	$2,650	4.97%	Hold	View
CurrentBergenNJ	52	$748,175	$2,786	4.47%	Hold
UnionNJ	51	$614,241	$2,590	5.06%	Hold	View
PassaicNJ	51	$574,942	$2,282	4.76%	Hold	View
MonmouthNJ	50	$733,160	$2,833	4.64%	Hold	View

The Bottom Line

HoldBergen is a neutral market. Consider house hacking or targeting below-market deals.

Bergen County in New Jersey scores 52/100, ranking #513 of 1,000 US counties (top 68%). The 4.47% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-2,111/mo

Cap Rate

2.9%

Cash-on-Cash

-14.7%

Ready to Analyze a Deal in Bergen?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$748,175

Down Payment (20%)$149,635

Loan Amount$598,540

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,786

Monthly P&I-$3,922

Est. Expenses (35%)-$975

Net Cash Flow-$2,111/mo

2.9%

Cap Rate (all cash)

-14.7%

Cash-on-Cash Return

4.47%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 2.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

52/100

Cash Flow(30%)

37/100

Based on 4.47% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

86/100

Based on 4.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

37/100

Price-to-income ratio of 6.3x. Lower ratios indicate more affordable markets.

County

Verdict

MorrisNJ

$677,872

$2,834

5.02%

Hold

View

SomersetNJ

$640,205

$2,650

4.97%

Hold

View

CurrentBergenNJ

$748,175

$2,786

4.47%

Hold

UnionNJ

$614,241

$2,590

5.06%

Hold

View

PassaicNJ

$574,942

$2,282

4.76%

Hold

View

MonmouthNJ

$733,160

$2,833

4.64%

Hold

View

The Bottom Line

HoldBergen is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-2,111/mo

Cap Rate

2.9%

Cash-on-Cash

-14.7%