Real Estate Investing in Flemington, New Jersey (08822)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hunterdon County • Population: 32,002 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 08822 (Flemington, NJ)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Flemington, NJ (08822)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $652,525
Avg Monthly Rent $2,607
1% Rule ✗ Does Not Meet
Median Income $136,851
% Renters 21.0%

Market Analysis: 08822 Flemington

ZIP 08822 in Flemington, NJ carries a robust set of headwinds. Home values near $653K and rents of $2,607/mo sit inside a market where underwriting has to be tight.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $653K asset, 08822 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 08822 and stronger Flemington ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The 08822 ZIP's population of 32,002 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.

Distressed ZIPs reward experience. robust returns are possible in 08822, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Flemington:

C+ Average
Buy Confidence Score: 68/100
Affordability
10/25
Appreciation
22/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.8× the median income
Value Trend
Rising (+4.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,607/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 08822

Which property type performs best in this market?

Best for Cash Flow
2BR
3.8% cap rate
Best for Appreciation
5BR
+9.3% 5yr CAGR
Best Overall Value
3BR
$189,464/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $422,139 $2,240 3.8% +9.0% $211,070
3BR $568,391 $2,690 3.4% +8.8% $189,464
4BR $812,823 $2,970 2.6% +9.1% $203,206
5BR $947,937 +9.3% $189,587

Market Trends

Home Value History (with trend line)

$677K$610K$543K$476K$408K$341KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,748$2,692$2,635$2,579$2,523$2,466Jan 2025Oct 2025Jul 2026

📊 How Does 08822 Compare?

Metric 08822 Flemington New Jersey
Home Value $652,525 $652,525 $559,826
5-Year CAGR 6.1% 6.1% 8.4%
Avg Rent $2,607 $2,607 -
Cap Rate 3.1% 3.1% -
💡 Why Invest in 08822? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 08822 (Flemington, NJ). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 08822 (Flemington, NJ)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
3.1%
Low
5yr Growth
+6.1%
Strong

📊 Market Snapshot

Home Value $652,525
Monthly Rent $2,607
Price-to-Rent 20.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.8%
Cap Rate 3.1%
5-Year IRR 9.2%

📈 Home Appreciation

1-Year +4.3% ▲
3-Year CAGR +6.0% ▲
5-Year CAGR +6.1% ▲
10-Year CAGR +5.0% ▲

🏠 Rent Trends

1-Year -4.4% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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.

Vacancy
2.8%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.1%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 08822

Population: 32,002

💰 Median Household Income
$136,851
This area
$136,851
State
$113,906
USA
$74,580
🏠 Renter Occupied
21.0%
This area
21.0%
State
28.4%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-9.5%
USA
3.7%
🎓 College Educated
57.6%
This area
57.6%
State
25.9%
USA
33.7%
👤 Median Age
41.9 years
This area
41.9 years
State
22.0 years
USA
38.9 years
🏚️ Vacancy Rate
2.8%
This area
2.8%
State
9.2%
USA
10.5%
👥 Population by Ethnicity
White 80.4%
Other/Mixed 9.8%
Hispanic/Latino 7.7%
Asian 7.3%
Black/African American 2.4%
👶 Under 18
21.7%
This area
21.7%
USA
22.0%
👴 65 and Over
16.6%
This area
16.6%
USA
17.3%
📊 Poverty Rate
2.9%
This area
2.9%
USA
11.5%

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 08822

A+ Avg School Grade
8 Schools
10.1:1 Avg Class Size
$31,999 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Barley Sheaf Elementary School

📚 K – 04 Elementary
👥
363 Students
👨‍🏫
9.2:1 Class Size
💰
$31,260 Per Student
A+ Excellent

Francis A. Desmares Elementary School

📚 K – 04 Elementary
👥
420 Students
👨‍🏫
8.6:1 Class Size
💰
$31,260 Per Student
A+ Excellent

J.P. Case Middle School

📚 07 – 08 Middle
👥
675 Students
👨‍🏫
9.6:1 Class Size
💰
$31,260 Per Student
A+ Excellent

Reading-Fleming Intermediate School

📚 05 – 06 School
👥
702 Students
👨‍🏫
10.2:1 Class Size
💰
$31,260 Per Student
A+ Excellent

Robert Hunter Elementary School

📚 Pre-K – 04 Elementary
👥
394 Students
👨‍🏫
8.6:1 Class Size
💰
$31,260 Per Student
A Very Good
👥
2,408 Students
👨‍🏫
10.6:1 Class Size
💰
$32,581 Per Student
A Very Good

Hunterdon Polytech Bartles Corner Campus

📚 09 – 12 High School
👥
98 Students
👨‍🏫
14.0:1 Class Size
💰
$33,557 Per Student
B Good

Hunterdon County Vocational School District Central Campus

📚 09 – 12 High School Limited Data
💰
$33,557 Per Student
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

1 Nearby 1,712 Off-Campus Students
C
Raritan Valley Community College
6,587 students · 11.1 mi

Investor Insight: With 1,712 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Should investors consider Flemington, NJ?

Investors tracking Flemington, NJ will find a 3.0/5 rating supported by $653K median home values and $2,607/mo rents. That profile suits long-term holders targeting steady returns.

What approach is best for Flemington, NJ real estate?

Most investors in Flemington, NJ run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Is vacancy a concern in Flemington, NJ?

Vacancy in Flemington, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,607/mo.

Are landlord laws favorable in Flemington, NJ?

NJ law tenant-protective for landlords, and Flemington inherits those rules. Investors should still review local ordinances for rental licensing.

What is the typical home price in Flemington, NJ?

Flemington, NJ median home values land near $653K. That is reasonable territory for investors looking at $2,607/mo-per-month rentals.

You know 08822 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 08822 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.

Compare Plans

How 08822 ranks in New York-Newark-Jersey City, NY-NJ-PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 08822 (Flemington)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 08822 (Flemington, NJ).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.