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AirDNA Data: US New Jersey Hackensack

How is Hackensack performing?

83

Great
Market Score

21

Investability

79

Rental Demand

78

Revenue Growth

49

Seasonality

45

Regulation

Annual Revenue

$13.7K

+3%

past year

Occupancy Rate

55%

+4%

past year

Average Daily Rate

$142.5

+3%

past year

Revenue per Available Rental (RevPAR)

$76.9

+6%

past year

Hackensack Performance Details

Total available listings

102

+3%

past year

Listings by rental channel

Channel

Airbnb (79%)

Vrbo (8%)

Both (13%)

Listings by rental size

Bedrooms

1 Bedroom (64%)

2 Bedroom (22%)

3 Bedroom (9%)

4 Bedroom (5%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (32%)

91-180 nights (31%)

181-270 nights (15%)

271-365 nights (22%)

Listings by rental type

Type

Entire Home (72%)

Private Room (27%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (21.8%)

Moderate (47.5%)

Strict (30.7%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (25.5%)

3 Nights (14.7%)

4-6 Nights (13.7%)

7-29 Nights (2.9%)

30+ Nights (43.1%)

What amenities do listings have?

Internet

98%

Wireless Internet

98%

Aircon

96%

Kitchen

80%

Heating

79%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
11.0%5
3.80

Occupancy

Occupancy Rate

55%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,365,495

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$55

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$55

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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