AirDNA Data: US→ New Jersey→ Ocean Grove
How is Ocean Grove performing?
22
Bad
41
Investability
59
Rental Demand
41
Revenue Growth
10
Seasonality
32
Regulation
Annual Revenue
$34K
+3%
past year
Occupancy Rate
54%
+4%
past year
Average Daily Rate
$433.3
+3%
past year
Revenue per Available Rental (RevPAR)
$233.7
+6%
past year
Ocean Grove Performance Details
Total available listings
340
+3%
past year
Listings by rental channel
Airbnb (51%)
Vrbo (21%)
Both (29%)
Listings by rental size
1 Bedroom (45%)
2 Bedroom (18%)
3 Bedroom (14%)
4 Bedroom (11%)
5+ Bedroom (12%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (37%)
91-180 nights (36%)
181-270 nights (15%)
271-365 nights (11%)
Listings by rental type
Entire Home (82%)
Private Room (18%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.2%)
Moderate (59.4%)
Strict (35.5%)
Super Strict (0.9%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (20.0%)
3 Nights (25.0%)
4-6 Nights (12.1%)
7-29 Nights (13.8%)
30+ Nights (29.1%)
What amenities do listings have?
Aircon
100%
Internet
99%
Wireless Internet
98%
Heating
79%
Tv
78%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 3 | -0.3% | 47 | 4.87 |
Occupancy
Occupancy Rate
54%
+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
$3,404,963
+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)
$54
+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
$54
-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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