AirDNA Data: US→ New Jersey→ Newark
How is Newark performing?
51
Okay
18
Investability
60
Rental Demand
52
Revenue Growth
58
Seasonality
41
Regulation
Annual Revenue
$10.9K
+3%
past year
Occupancy Rate
46%
+4%
past year
Average Daily Rate
$128.1
+3%
past year
Revenue per Available Rental (RevPAR)
$60.9
+6%
past year
Newark Performance Details
Total available listings
3,418
+3%
past year
Listings by rental channel
Airbnb (84%)
Vrbo (5%)
Both (10%)
Listings by rental size
1 Bedroom (65%)
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 (40%)
91-180 nights (25%)
181-270 nights (17%)
271-365 nights (17%)
Listings by rental type
Entire Home (50%)
Private Room (47%)
Shared Room (3%)
Listings by Cancellation Policy
Flexible (25.1%)
Moderate (34.8%)
Strict (39.2%)
Super Strict (0.9%)
Listings by Minimum Stay
1 Night (0.4%)
2 Nights (19.5%)
3 Nights (10.0%)
4-6 Nights (8.2%)
7-29 Nights (8.0%)
30+ Nights (53.9%)
What amenities do listings have?
Internet
98%
Wireless Internet
98%
Kitchen
92%
Aircon
91%
Heating
80%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
LilyRentals | 96 | 0.4% | 503 | 4.46 |
Evolve | 23 | -0.1% | 95 | 4.75 |
Yomi | 22 | -0.1% | 1891 | 4.65 |
Rosato Housing LLC | 16 | -0.1% | 1208 | 4.87 |
Sojourney | 13 | -0.2% | 523 | 4.78 |
Occupancy
Occupancy Rate
46%
+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
$1,093,614
+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)
$46
+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
$46
-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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