Real Estate Investing in Merchantville, New Jersey (08109)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08109 (Merchantville, NJ)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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 Merchantville, NJ (08109)?
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Market Analysis: 08109 Merchantville
The 08109 ZIP in Merchantville, NJ is a local-operator market. Outside capital chasing a $357K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 08109 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader NJ picture, 08109 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 08109 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 08109 is an operator game, not a passive one. On balance, entry prices of $357K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Merchantville:
Property Strategy for 08109
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $267,700 | $1,580 | 4.2% | +11.9% | $133,850 |
| 3BR | $339,093 | $1,890 | 4.0% | +12.1% | $113,031 |
| 4BR | $383,170 | $2,120 | 4.0% | +11.3% | $95,792 |
| 5BR | $438,276 | — | — | +10.8% | $87,655 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08109 Compare?
| Metric | 08109 | Merchantville | New Jersey |
|---|---|---|---|
| Home Value | $356,667 | $356,667 | $559,826 |
| 5-Year CAGR | 7.9% | 7.9% | 8.4% |
| Avg Rent | $1,967 | $1,967 | - |
| Cap Rate | 4.3% | 4.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08109 (Merchantville, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $356,667 |
| Monthly Rent | $1,967 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +7.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 08109
Population: 24,004
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 08109
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Collingswood Middle School
Dr. Henry H. Davis Elementary School
East Side High School
Howard Yocum Elementary
Maude M. Wilkins Elementary School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 646 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Merchantville, NJ stack up for property investment?
Merchantville, NJ reflects an investability rating of 3.0/5, with median home values near $357K and average rents around $1,967/mo. That combination puts it in the sturdy tier for investor interest.
Where do rents currently stand in Merchantville, NJ?
The typical rental in Merchantville, NJ commands about $1,967/mo monthly. That rent profile even-keeled cash flow against the $357K purchase basis.
Which investment style suits Merchantville, NJ?
Investors usually favor careful cash-flow rentals with hands-on management in Merchantville, NJ. With home values at $357K and rents near $1,967/mo, other strategies can work but produce steady rather than outsized returns.
How tight is the rental market in Merchantville, NJ?
Merchantville, NJ carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,967/mo.
How viable is house hacking in Merchantville, NJ?
House hacking in Merchantville, NJ is a challenging. With home values around $357K and rents at $1,967/mo, owner-occupants can offset a meaningful share of PITI.
You know 08109 now. You don’t know where it ranks.
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How 08109 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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