Real Estate Investing in Carneys Point, New Jersey (08069)
Should you buy in 08069 (Carneys Point, NJ)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Carneys Point, NJ (08069)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08069 Carneys Point
ZIP 08069 inside Salem County looks affordable on the surface — median value of $246K — but the discount exists for reasons that a careful buyer should understand before committing.
The 08069 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 08069 sits on the difficult end of the NJ spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 08069 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. solid returns are possible in 08069, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Carneys Point:
Property Strategy for 08069
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $179,208 | $1,650 | 6.6% | +16.3% | $89,604 |
| 3BR | $238,799 | $1,980 | 6.0% | +12.6% | $79,600 |
| 4BR | $284,690 | $2,210 | 5.6% | +11.3% | $71,173 |
Market Trends
Home Value History (with trend line)
📊 How Does 08069 Compare?
| Metric | 08069 | Carneys Point | New Jersey |
|---|---|---|---|
| Home Value | $246,342 | $246,342 | $559,826 |
| 5-Year CAGR | 9.6% | 9.6% | 8.4% |
| Avg Rent | $1,485 | $1,485 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 08069 (Carneys Point, NJ). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 08069 (Carneys Point, NJ)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $246,342 |
| Monthly Rent | $1,485 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 14.3% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +9.6% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.7%). 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 08069
Population: 13,413
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 08069
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
Frequently Asked Questions
What is the investability score for Carneys Point, NJ?
Yes - Carneys Point, NJ a 3.0/5 investability score. With $246K home prices against $1,485/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are eviction rules reasonable in Carneys Point, NJ?
Carneys Point, NJ falls under NJ landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How much do tenants pay in Carneys Point, NJ?
Expect rents around $1,485/mo per month in Carneys Point, NJ. With home values at $246K, the yield math works out to reasonable levels for rental investors.
How do experienced investors play Carneys Point, NJ?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Carneys Point, NJ. The numbers - $246K homes against $1,485/mo rents - support that play.
What does house hacking look like in Carneys Point, NJ?
For house hackers, Carneys Point, NJ is a challenging. The $1,485/mo rent on a unit helps defray the mortgage on a $246K property.
See what 08069 really looks like for investors
You're reading the free snapshot. Unlock appreciation trends, cap rates, vacancy signals, Section 8 data, and full demographics for 08069.
AI Market Advisor
Ask questions about investing in 08069 (Carneys Point)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 08069 (Carneys Point, NJ).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.