What's a good cap rate in Trenton?

In Trenton, cap rates typically run around 5.5% (New Jersey state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Trenton deal lands versus this benchmark.

What's the average rent for a rental in Trenton?

A typical rental in Trenton runs about $1,500–$2,000/mo (estimate; varies by neighborhood, size, and condition). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in New Jersey?

New Jersey's effective property tax rate is about 2.23% of value per year — the figure TrueCap applies by default for Trenton deals. You can override it with the exact local rate.

Trenton, NJ

Trenton rental property analysis

Trenton, New Jersey's capital, pairs government employment with NYC and Philadelphia commuter access at prices below both.

Trenton market snapshot

Appreciation market

Compressed cap rates — the play here is long-term price growth over day-one cash flow.

Typical cap rate

5.5%

New Jersey state median

Typical rent

$1,500–$2,000/mo

est., SFR / small multi

Typical price

$240,000–$340,000

est., all-in

Property tax

2.23%

New Jersey effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Trenton a good place to buy rentals?

Government demand and commuter access support occupancy; New Jersey taxes are high — model them. Neighborhood selection matters.

See the full New Jerseyinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Trenton

Hamilton

Suburb; family renters, low vacancy.

Ewing

Near TCNJ, steady demand.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Trenton deal in 60 seconds

Paste a Trenton address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with New Jersey tax and HUD rent so you start from the right assumptions.

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