AirDNA Data: US→ New Jersey→ Newark
How is Newark performing?
62
Good
15
Investability
67
Rental Demand
60
Revenue Growth
54
Seasonality
43
Regulation
Annual Revenue
$10.4K
+3%
past year
Occupancy Rate
47%
+4%
past year
Average Daily Rate
$122.9
+3%
past year
Revenue per Available Rental (RevPAR)
$60.7
+6%
past year
Newark Performance Details
Total available listings
3,473
+3%
past year
Listings by rental channel
Airbnb (84%)
Vrbo (6%)
Both (11%)
Listings by rental size
1 Bedroom (66%)
2 Bedroom (16%)
3 Bedroom (14%)
4 Bedroom (3%)
5+ Bedroom (2%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (45%)
91-180 nights (22%)
181-270 nights (17%)
271-365 nights (16%)
Listings by rental type
Entire Home (49%)
Private Room (48%)
Shared Room (3%)
Listings by Cancellation Policy
Flexible (24.4%)
Moderate (35.7%)
Strict (39.6%)
Super Strict (0.4%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (21.5%)
3 Nights (10.4%)
4-6 Nights (7.1%)
7-29 Nights (8.3%)
30+ Nights (52.8%)
What amenities do listings have?
Internet
98%
Wireless Internet
98%
Kitchen
92%
Aircon
91%
Heating
79%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
LilyRentals | 97 | 0.5% | 466 | 4.50 |
Yomi | 24 | 0.0% | 1993 | 4.66 |
Rosato Housing LLC | 18 | 0.3% | 1463 | 4.88 |
Evolve | 16 | -0.2% | 198 | 4.61 |
Sojourney | 13 | 0.2% | 458 | 4.78 |
Occupancy
Occupancy Rate
47%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$1,040,243
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$47
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$47
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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