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AirDNA Data: US New Jersey Montclair

How is Montclair performing?

43

Okay
Market Score

17

Investability

72

Rental Demand

24

Revenue Growth

57

Seasonality

49

Regulation

Annual Revenue

$16.7K

+3%

past year

Occupancy Rate

55%

+4%

past year

Average Daily Rate

$208.8

+3%

past year

Revenue per Available Rental (RevPAR)

$106.1

+6%

past year

Montclair Performance Details

Total available listings

188

+3%

past year

Listings by rental channel

Channel

Airbnb (77%)

Vrbo (7%)

Both (16%)

Listings by rental size

Bedrooms

1 Bedroom (49%)

2 Bedroom (29%)

3 Bedroom (9%)

4 Bedroom (10%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (43%)

91-180 nights (16%)

181-270 nights (15%)

271-365 nights (26%)

Listings by rental type

Type

Entire Home (74%)

Private Room (26%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (21.4%)

Moderate (54.0%)

Strict (24.6%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (1.1%)

2 Nights (28.2%)

3 Nights (18.6%)

4-6 Nights (10.1%)

7-29 Nights (8.5%)

30+ Nights (33.5%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Heating

95%

Aircon

94%

Kitchen

84%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
1-0.5%28
4.95

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

$1,672,441

+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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