Real Estate Investing in Port Norris, New Jersey (08345)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08345 (Port Norris, NJ)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 23.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Port Norris, NJ (08345)?
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Market Analysis: 08345 Port Norris
Investors eyeing 08345 need to respect the fundamentals at play. Home values of $237K come alongside slower price movement and elevated management overhead.
For an experienced owner, 08345 can be a a strong candidate for hunting ground — but the discount at $237K reflects genuine risk that outside investors often underestimate.
ZIP 08345's metrics run below Cumberland County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 08345 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 08345 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Port Norris:
Market Trends
Home Value History (with trend line)
📊 How Does 08345 Compare?
| Metric | 08345 | Port Norris | Vineland-Bridgeton, NJ | New Jersey |
|---|---|---|---|---|
| Home Value | $236,755 | $214,292 | N/A | $559,826 |
| 5-Year CAGR | 2.6% | 3.7% | N/A | 8.4% |
| Avg Rent | $1,683 | $1,791 | N/A | - |
| Cap Rate | 5.5% | 6.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08345 (Port Norris, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $236,755 |
| Monthly Rent | $1,683 |
| Price-to-Rent | 11.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.5% |
| Cap Rate | 5.5% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (5.5%). 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 08345
Population: 801
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 08345
Schools in This ZIP Code
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 797 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Port Norris, NJ?
Rents in Port Norris, NJ run near $1,683/mo. Compared with median home prices of $237K that produces solid gross yields for typical rentals.
What kind of tenants rent in Port Norris, NJ?
The renter base in Port Norris, NJ is reasonable for the $1,683/mo price point. Screening well and pricing to market typically yields measured tenants.
What is the investability score for Port Norris, NJ?
With a 3.0/5 investability score, Port Norris, NJ ranks as a solid market for rental property investors. Median prices of $237K and rents of $1,683/mo drive the underlying numbers.
What investment strategy works best in Port Norris, NJ?
Investors usually favor careful cash-flow rentals with hands-on management in Port Norris, NJ. With home values at $237K and rents near $1,683/mo, other strategies can work but produce steady rather than outsized returns.
Do rentals sit vacant long in Port Norris, NJ?
Occupancy in Port Norris, NJ runs measured with elevated vacancy. Well-priced units at $1,683/mo lease on reasonable timelines.
You know 08345 now. You don’t know where it ranks.
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How 08345 ranks in Vineland-Bridgeton, NJ
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