Real Estate Investing in Florence, New Jersey (08518)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08518 (Florence, NJ)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 Florence, NJ (08518)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08518 Florence
This part of Burlington County is not an easy win. The 08518 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $345K asset, 08518 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 08518 and stronger Florence ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 08518 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 08518 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Florence:
Property Strategy for 08518
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $131,178 | $1,340 | 7.4% | +13.0% | $131,178 |
| 2BR | $219,383 | $1,600 | 5.3% | +11.5% | $109,691 |
| 3BR | $363,290 | $1,920 | 3.8% | +9.8% | $121,097 |
| 4BR | $493,205 | $2,140 | 3.1% | +10.0% | $123,301 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08518 Compare?
| Metric | 08518 | Florence | New Jersey |
|---|---|---|---|
| Home Value | $344,969 | $344,969 | $559,826 |
| 5-Year CAGR | 7.0% | 7.0% | 8.4% |
| Avg Rent | $2,000 | $2,000 | - |
| Cap Rate | 4.5% | 4.5% | - |
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 08518 (Florence, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Burlington County
Manage rentals here? List your business →Pillar Property Management focuses on serving Associations in the Philadelphia and Southern New Jersey area, offering management services for various unit sizes. summary from their website
Target Property Management Corporation provides professional HOA & Condo Management services throughout New Jersey, with a focus on financial and community governance. summary from their website
Connection Property Management of NJ provides property management services in South Jersey. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $344,969 |
| Monthly Rent | $2,000 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (4.5%). 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 08518
Population: 5,830
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 08518
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Roebling Elementary School
Bristol HS
Warren Snyder-John Girotti El Sch
Bristol MS
Riverbank Charter School of Excellence
About Repit School Scores
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We evaluate schools based on factors that research shows actually impact educational outcomes:
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- 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
Frequently Asked Questions
What does house hacking look like in Florence, NJ?
The house hack math a challenging in Florence, NJ. Owner-occupant buyers benefit from the $2,000/mo rents and $345K home values.
What is the rental occupancy rate in Florence, NJ?
Vacancy in Florence, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,000/mo.
What kind of tenants rent in Florence, NJ?
Florence, NJ draws a steady base of working renters. Demand at the $2,000/mo rent level is reasonable for standard single-family and small multi rentals.
How strong are rents in Florence, NJ?
Rental rates in Florence, NJ average $2,000/mo. Tenant demand and $345K home values make the yield look reasonable by investor standards.
Is Florence, NJ good for landlords?
NJ ranks as a tenant-protective state for landlord-tenant law. Florence generally follows the statewide framework, so landlords face reasonable operating rules.
You know 08518 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 08518 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 08518 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Every ZIP in this metro, ranked. Free.
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