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Market MapTrenton, NJ
Metropolitan Area

Trenton, NJ

New Jersey01 counties
56
/100
Hold
#604 of 894 metros
Top 67% nationally for investing

Market Snapshot

$431,761
Median Home Price
77% above national median
$2,514/mo
Median Rent
81% above national median
6.99%
Rent-to-Price Ratio
Top 28% nationally
-$629
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

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

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$431,761
Down Payment (20%)$86,352
Loan Amount$345,409
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,514
Monthly P&I-$2,263
Est. Expenses (35%)-$880
Net Cash Flow-$629/mo
4.5%
Cap Rate (all cash)
-7.6%
Cash-on-Cash Return
6.99%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% 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
56/100
56
Cash Flow(30%)
70/100

Based on 6.99% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
58/100

Based on 1.0% 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%)
38/100

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 (6.99%)
  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$629/mo)
  • -Negative leverage (cap rate 4.5% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Trenton, NJ

Best Overall
Mercer
NJ - Score: 58
Verdict
MercerNJ
383,73258$433,523$2,4396.75%HoldView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Saginaw, MI
Saginaw, MI
76$164,025$1,0597.74%Strong BuyView
Abilene, TX
Abilene, TX
76$198,352$1,6439.94%Strong BuyView
Charleston, IL
Charleston, IL
76$140,001$8447.23%Strong BuyView
Jackson, MS
Jackson, MS
76$204,769$1,5348.99%Strong BuyView
London, KY
London, KY
76$156,780Est.Strong BuyView
Current
Trenton, NJ
56$431,761$2,5146.99%Hold

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 56/100, ranking #604 of 894 US metros (top 67%). The 6.99% rent-to-price ratio indicates moderate cash flow potential. Among 1 counties, Mercer shows the strongest investment potential (score: 58). 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
$-629/mo
Cap Rate
4.5%
Cash-on-Cash
-8.7%

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.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyMercer
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