AirDNA Data: US→ New Jersey→ Parsippany
How is Parsippany performing?
0
Bad
10
Investability
17
Rental Demand
5
Revenue Growth
1
Seasonality
26
Regulation
Annual Revenue
$9.1K
+3%
past year
Occupancy Rate
22%
+4%
past year
Average Daily Rate
$292.8
+3%
past year
Revenue per Available Rental (RevPAR)
$72.9
+6%
past year
Parsippany Performance Details
Total available listings
42
+3%
past year
Listings by rental channel
Airbnb (67%)
Vrbo (29%)
Both (5%)
Listings by rental size
1 Bedroom (57%)
2 Bedroom (19%)
3 Bedroom (2%)
4 Bedroom (12%)
5+ Bedroom (10%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (40%)
91-180 nights (31%)
181-270 nights (17%)
271-365 nights (12%)
Listings by rental type
Entire Home (80%)
Private Room (20%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (0.0%)
Moderate (92.9%)
Strict (7.1%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (4.8%)
3 Nights (4.8%)
4-6 Nights (0.0%)
7-29 Nights (2.4%)
30+ Nights (88.1%)
What amenities do listings have?
Aircon
100%
Tv
100%
Internet
100%
Parking
98%
Kitchen
95%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Timeshare - RoomPicks | 12 | -0.3% | 114 | 4.58 |
Occupancy
Occupancy Rate
22%
+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
$908,688
+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)
$22
+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
$22
-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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