New Jersey Rental Property

New Jersey is popularly known and loved for an incredible amount of larger apartment complexes and condominiums. In Jersey City alone - New Jersey’s second most populated city - apartments and condos make-up over half of the housing units in the city. This truly makes New Jersey rental properties seem like an obvious choice.

Red boat passing by Goldman Sachs building and other Jersey City waterfront high-rises

New Jersey Rental Statistics

Average Price $2.9K
Lowest Price $22
Highest Price $55K
Total Listings 720
Avg. Days On Market 81
Avg. Price/SQFT $6

Property Types (active listings)

New Jersey Rental Properties

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5910 Atlantic Ave, VENTNOR CITY

$55,000

↓ $70,000

5910 Atlantic Ave, VENTNOR CITY

7 Beds 5.5 Baths 3,104 SqFt Residential Lease MLS® # NJAC2012316

Farley & Ferry Realty Inc

29 S Weymouth Ave, VENTNOR CITY

$45,000

↑ $15,000

29 S Weymouth Ave, VENTNOR CITY

5 Beds 3 Baths 4,095 SqFt Residential Lease MLS® # NJAC2017624

Compass New Jersey, LLC - Ocean City

422 W Hand Ave #102, WILDWOOD

$36,000

422 W Hand Ave #102, WILDWOOD

3 Beds 2 Baths 1,404 SqFt Residential Lease MLS® # NJCM2004816

Century 21 Action Plus Realty - Northfield

New
10 N Monroe Ave, MARGATE CITY

$30,000

10 N Monroe Ave, MARGATE CITY

3 Beds 3 Baths 1,429 SqFt Residential Lease MLS® # NJAC2018238

Coldwell Banker Realty

9102 Monmouth Ave, MARGATE CITY

$25,000

9102 Monmouth Ave, MARGATE CITY

2 Beds 1.5 Baths 780 SqFt Residential Lease MLS® # NJAC2018066

BHHS Fox & Roach-Margate

2700 Atlantic Ave #416, LONGPORT

$22,500

↓ $3,500

2700 Atlantic Ave #416, LONGPORT

2 Beds 2 Baths 1,258 SqFt Residential Lease MLS® # NJAC2017246

BHHS Fox & Roach-Cherry Hill

1335 Simpson Ave, OCEAN CITY

$22,000

1335 Simpson Ave, OCEAN CITY

2 Beds 1 Bath 1,808 SqFt Residential Lease MLS® # NJCM2004856

RE/MAX Preferred - Mullica Hill

214 N Decatur Ave #3b, MARGATE CITY

$20,000

214 N Decatur Ave #3b, MARGATE CITY

4 Beds 3 Baths 2,025 SqFt Residential Lease MLS® # NJAC2017842

Century 21 Rauh & Johns

3101 Boardwalk #2412-2, ATLANTIC CITY

$17,500

↓ $1,400

3101 Boardwalk #2412-2, ATLANTIC CITY

1 Bed 1.5 Baths 911 SqFt Residential Lease MLS® # NJAC2017178

Keller Williams Realty - Wildwood Crest

11 S Hanover Ave, MARGATE CITY

$15,000

11 S Hanover Ave, MARGATE CITY

5 Beds 2.5 Baths 2,320 SqFt Residential Lease MLS® # NJAC2016896

KW Empower

9401 Pacific Ave #10, MARGATE CITY

$15,000

9401 Pacific Ave #10, MARGATE CITY

1 Bed 1 Bath 346 SqFt Residential Lease MLS® # NJAC2016690

Coldwell Banker Realty

New
101 Church St, GLASSBORO

$13,000

101 Church St, GLASSBORO

15 Beds 5.5 Baths 2,517 SqFt Residential Lease MLS® # NJGL2056424

eRealty Advisors, Inc

New Jersey Rental Property Market Trends

While many areas in New Jersey were already brimming with rental inventory, it’s no surprise with the recent influx of New York City residents from recent years that the investment opportunity for rental properties in New Jersey is absolutely booming.

While apartment and condo rental properties account for over half of the housing units in Jersey City, almost 70% of properties in the city overall are rentals. That just goes to show exactly what the rental market is looking like in New Jersey.

New Jersey - popularly known as the Garden State - is one of the largest growing areas in the country. 

People can experience all of the allure and attractions of New York City just a short drive away and still get to experience the condo living they dream of but at a lower cost through New Jersey prices. The decision here becomes clear with New Jersey rental properties. 

Additionally, one of the largest selling points is that Jersey City tolerates Airbnb properties - as this is rare in most other places including other parts of New Jersey - Airbnb is truly the golden opportunity for investors.

Not to mention why rental properties are also so popular in New Jersey, the state is considered much more landlord friendly with much less regulation and more breathing room. 

New Jersey Rental Property Highlights 

Rental property types vary widely in New Jersey from detaches, ranch style homes boasting several bedrooms to gorgeous lakefront homes. 

Picture yourself enjoying your morning coffee with a group of friends or family as you look out onto the sparkling waters from your fully built deck or sunroom. That is true New Jersey living.

Classically large, stunning homes are available to rent with ample space to set up your potential workspace just the way you like it in huge rooms built for grand offices. Take a break afterwards on your back deck leading to a cozy wooded wonderland 

New Jersey condo rental properties allow you to take a space away from the true quiet of suburban living and take in the city from panoramic views of the waterfront or cityscape from your gorgeous balcony.

Stunning finishings in high end condo rental properties allow for the ultimate New Jersey living experience, right from the comfort of your high rise. 


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