Real Estate Investing in Garfield, New Jersey
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Should you buy in Garfield, NJ? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Garfield, NJ?
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Market Trends — Garfield, NJ
Home Value History
Rent History
Investing in Garfield Real Estate
Garfield, NJ covers 1 ZIP codes and a population but the investment metrics here are modest — this is not a market to enter casually.
Garfield is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state investors should be especially careful with the assumptions they carry in.
Rents in Garfield at $2,445/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
Garfield's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.
Best ZIP codes in New York-Newark-Jersey City, NY-NJ-PA
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Landlord Ground Truth
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ZIP Codes in Garfield, NJ
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View PlansFrequently Asked Questions About Garfield, NJ
Is real estate in Garfield, NJ a good investment right now?
Yes - Garfield, NJ a 3.0/5 investability score. With $592K home prices against $2,445/mo monthly rent, the market delivers a reasonable entry point for new investors.
How deep is the rental pool in Garfield, NJ?
Garfield, NJ offers a predictable renter base at the $2,445/mo rent level. Tenant turnover is reasonable for well-managed properties.
What are rental rates like in Garfield, NJ?
Expect rents around $2,445/mo per month in Garfield, NJ. With home values at $592K, the yield math works out to reasonable levels for rental investors.
How should investors approach Garfield, NJ?
The best-fit strategy in Garfield, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Garfield, NJ suited for a house hack?
Garfield, NJ offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,445/mo rent level.
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