AirDNA Data: US→ New Jersey→ Newark
How is Newark performing?
71
Good
56
Investability
73
Rental Demand
72
Revenue Growth
71
Seasonality
70
Regulation
Annual Revenue
$13.3K
+3%
past year
Occupancy Rate
50%
+4%
past year
Average Daily Rate
$132.7
+3%
past year
Revenue per Available Rental (RevPAR)
$66
+6%
past year
Newark Performance Details
Total available listings
3,190
+3%
past year
Listings by rental channel
Airbnb (82%)
Vrbo (3%)
Both (15%)
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 (32%)
91-180 nights (22%)
181-270 nights (17%)
271-365 nights (28%)
Listings by rental type
Entire Home (50%)
Private Room (47%)
Shared Room (3%)
Listings by Cancellation Policy
Flexible (32.9%)
Moderate (22.6%)
Strict (40.6%)
Super Strict (3.9%)
Listings by Minimum Stay
1 Night (2.7%)
2 Nights (21.3%)
3 Nights (10.6%)
4-6 Nights (6.3%)
7-29 Nights (8.3%)
30+ Nights (50.7%)
What amenities do listings have?
Internet
98%
Wireless Internet
98%
Aircon
92%
Kitchen
91%
Heating
81%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
LilyRentals | 72 | -0.3% | 395 | 4.35 |
Rosato Housing LLC | 18 | 0.1% | 1143 | 4.85 |
Jupiter Rentals | 17 | 17.0% | 19 | 4.16 |
Solid Management & Logistics | 16 | -0.1% | 155 | 4.44 |
Evolve | 14 | -0.2% | 49 | 4.69 |
Occupancy
Occupancy Rate
50%
+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
$1,326,929
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
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Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$50
+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
$50
-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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