BNBCalc Short Term Rental Investment Analysis 42 Ocean Ave, Jersey City, NJ, 07305

5 bed • 3 bath • 15 guests • $689,700

BNB

Calc

Annual Revenue

$83,831

Profit (Cash Flow)

$12,728

Cap Rate

8.6%

Annual Revenue

$83,831

AirDNA projects $313/night at 67% occupancy ($76,595). Airbtics projects $302/night at 76% occupancy ($83,830). Airbtics predicts this property will perform in the 48% revenue percentile

BNB Calc projects a 76% occupancy rate, $302 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Percentiles	25%	50%	75%	90%
Revenue	$56,705	$83,564	$115,143	$146,547
Occupancy	69%	77%	85%	90%
Nightly Rate	$218	$288	$360	$434

Seasonality (Profit by Month)

Airbnb Comparables

Airbnb name	Revenue	Rate/night	Occupancy	Beds	Baths	Night	Cleaning	Pool	Tub	Pets	W/D	Reviews
The Whimsical II \| Sleeps 9+ \| 20m to NYC	$64,204	$213	79%	4	2	1	$145	❌	❌	❌	N / Y	⭐️ 4.5 (39)
The Rainforest II \| Sleeps 16 \| 20m to NYC	$61,421	$224	73%	4	2	1	$120	❌	❌	❌	Y / Y	⭐️ 5 (24)
Modern 4 Beds, Washer/Dryer and Easy Access to NYC	$82,948	$276	81%	4	1	28	$170	❌	❌	❌	Y / Y	⭐️ 5 (98)
Spacious & comfy cozy home near New York and EWR	$42,265	$140	79%	4	2	2	$180	❌	❌	✅	Y / Y	⭐️ 4.5 (226)
FREE Parking, Modern Duplex, King Beds 25 min NYC	$136,007	$370	98%	5	2	1	$250	❌	❌	❌	Y / Y	⭐️ 5 (146)
Stylish Family Getaway for 15 near NYC & Airport	$97,294	$300	86%	5	2.5	1	$135	❌	❌	❌	Y / Y	⭐️ 5 (62)
Deluxe 4BR \| 2BA \| 12 Beds NYC + Free Parking	$67,093	$252	70%	4	2	1	$148	❌	❌	❌	Y / Y	⭐️ 5 (86)
Zen-Charming 4bed3bath Entire Single Home in JC	$102,915	$317	88%	4	3	29	$200	❌	❌	❌	Y / Y	⭐️ 5 (43)
Gorgeous Mansion 30 min from NY	$124,756	$487	68%	4	5	1	$250	❌	✅	✅	Y / Y	⭐️ 4.9 (54)
51st. Roomy Ground Flr Walk to Transit to NYC	$65,262	$197	87%	4	2	61	$200	❌	❌	❌	Y / Y	⭐️ 5 (101)
Cozy Home \| Backyard \| Fireplace \| Mins to NYC	$99,092	$317	81%	4	1	1	$150	❌	❌	✅	N / Y	⭐️ 5 (110)
4 BR , 2 baths. Parking. 20min to NYC	$59,252	$218	72%	4	2	3	$180	❌	❌	❌	Y / Y	⭐️ 4.5 (53)
Luxurious 4BR \| 2BA \| 9 Beds NYC + Free Parking	$54,955	$212	67%	4	2	1	$148	❌	❌	❌	Y / Y	⭐️ 5 (143)
Large 5 Bed 3Bath Condo 20Min Commute to Manhattan	$104,705	$364	77%	5	3	2	$150	❌	❌	❌	N / Y	⭐️ 5 (280)
5 Bed 3 Bath Condo w/ parking. 20 mins to NYC	$103,436	$359	77%	5	3	2	$150	❌	❌	❌	Y / Y	⭐️ 5 (235)
Vintage Oasis - Bayonne/ 15mins EWR/ 30min NYC	$73,252	$237	81%	4	2	2	$175	✅	❌	✅	Y / Y	⭐️ 4.5 (58)
4 BR, 2 baths. Parking. NYC/20min away	$70,520	$247	76%	4	2	3	$180	❌	❌	❌	Y / Y	⭐️ 4.5 (60)
Duplex\|4Min Walk to NYC Train\|Gameroom\|Hotub+Sauna	$95,108	$300	85%	5	2	1	$159	❌	✅	✅	N / Y	⭐️ 4.5 (39)
Spacious 4BR/1BA Duplex Apartment Near NYC!	$47,185	$170	70%	4	1	1	$148	❌	❌	❌	Y / Y	⭐️ 5 (70)
Charming Private 4 Bedrm Apt walk to train to NYC	$95,145	$268	97%	4	1	2	$0	❌	❌	❌	N / Y	⭐️ 0 (1)
Retro Getaway	$120,508	$346	93%	4	2	1	$120	❌	❌	✅	Y / Y	⭐️ 4.7 (85)
Massive duplex w/5 beds & 3 bath & garage	$104,036	$432	65%	4	3	2	$230	❌	❌	❌	Y / Y	⭐️ 5 (67)
Duplex apt + Dining + 80in Projector + Pool Table	$91,453	$380	63%	4	2	1	$199	❌	❌	❌	Y / Y	⭐️ 4.5 (20)
King Bd\|Deck\|80" Movie Screen	$51,035	$200	65%	4	1	1	$149	❌	❌	❌	Y / Y	⭐️ 5 (125)
NEW! 3 FLRS Townhome w/Arcade\| 10 Mins Dri to Path	$81,644	$353	61%	4	3	28	$150	❌	❌	❌	Y / Y	⭐️ 5 (26)
Roomy 4br Walk to Transit & connect to NYC	$65,842	$181	98%	4	1	3	$250	❌	❌	❌	N / N	⭐️ 5 (3)
Big 4br, Private Deck~Sleeps 10~Ewr 15min~NY 30min	$46,966	$199	60%	4	1	1	$149	❌	❌	❌	Y / Y	⭐️ 5 (8)
NYC Gateway - 5 Bedrooms/3 Floors	$241,453	$748	87%	4	2	2	$249	❌	❌	✅	Y / Y	⭐️ 5 (4)
Duplex Tranquil home near NYC, EWR and Staten isl	$92,662	$307	80%	5	3	2	$250	✅	❌	✅	Y / Y	⭐️ 4.5 (12)
Home Away From Home \| 15 min to EWR \| Has it all	$108,934	$427	68%	4	3	3	$240	❌	❌	❌	Y / Y	⭐️ 4.5 (15)
Spacious 6BR Duplex with 3 Baths near NYC	$127,413	$370	90%	6	3	1	$245	❌	❌	❌	Y / Y	⭐️ 4.8 (6)
Beautiful Green-Door Brownstone	$83,710	$330	69%	5	2	2	$79	❌	❌	❌	Y / N	⭐️ 4.5 (16)
The Alana - A Chic Duplex 40 Minutes from NYC	$60,832	$227	72%	4	2	28	$150	❌	❌	❌	Y / Y	⭐️ 5 (90)
Riverhouse Browstone with Terrace- Circa 1872	$94,429	$315	78%	4	3	3	$220	❌	❌	✅	Y / Y	⭐️ 5 (67)
Ironbound 4 bdrm Industrial Suite! •FREE parking	$39,894	$218	50%	4	1	2	$0	❌	❌	✅	Y / Y	⭐️ 4.5 (16)
Lux Brownstone- 4Bed 1.5 Bath Top BnB in NJ	$121,717	$460	70%	4	1.5	3	$200	❌	❌	✅	Y / Y	⭐️ 4.5 (79)
Beautiful 4 Bedroom / 1.5 Bath Brownstone in JC	$125,033	$472	70%	4	1.5	3	$200	❌	❌	✅	Y / Y	⭐️ 4 (7)
Private house near NYC/NWK/Cruise	$43,998	$154	77%	4	2.5	1	$30	❌	❌	❌	Y / Y	⭐️ 4.5 (332)
Velvet town-house	$74,391	$250	77%	4	2	1	$120	❌	❌	✅	Y / Y	⭐️ 4.7 (32)
Cozy Oasis In the Ironbound -25 mins away from NYC	$85,960	$258	89%	4	2	2	$250	❌	❌	❌	N / Y	⭐️ 4.8 (16)

Return Metrics

7.42% cash on cash return is a solid return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$12,727	$25,455	$38,183	$50,911	$63,639	$127,278	$381,834
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$551,760	$551,760	$551,760	$551,760	$551,760	$551,760	$551,760
Down Payment	$137,940	$137,940	$137,940	$137,940	$137,940	$137,940	$137,940
Property Appreciation	$20,691	$42,002	$63,953	$86,563	$109,851	$237,199	$984,382
Total Return	$723,118	$757,158	$791,837	$827,174	$863,190	$1,054,177	$2,055,917

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

7.42%

Cap Rate

8.59%

Return on Investment

23.45%

42 Ocean Ave Jersey City, New Jersey, 07305

5 bed • 3 bath • 15 guests

Purchase Price

Est. $3,308/mo

Inquire about this property

Contact Agent

$689,700

Zestimate

Jersey City

Guide

Zoning

Market

Guide

Laws

Market Data

Airbnb Investor Score

$12,727

Annual Profit

8.6%

Cap Rate

7.4%

Cash on Cash

$83,831

Annual Revenue

This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $313/night at 67% occupancy.Projected nightly rate is $302/night at 76% occupancy.

Occupancy Rate

Top 56% of comparables

Avg Daily Rate

Top 48% of comparables

Seasonality

40 Airbnb Comparables

Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.

$87,718

Avg annual revenue

76%

Avg occupancy rate

$302

Avg nightly rate

🏊‍♂️ Pool

🛁 Hot tub

🐶 Pet friendly

Any type

House

Apartment

Any min stay

Weekly min

Monthly min

4.8+ stars

Revenue per year

$40k

$105k

$170k

$240k

$12,728

Profit

Revenue

$83,831

Operating Expenses

$24,578

Operating Income

$59,253

Mortgage & Taxes

$46,525

Profit (Cash Flow)

$12,728

$171,381

Cash Investment

Down Payment

$137,940

Renos & Furnishing

$12,750

Closing Costs

$20,691

Total

$171,381

DSCR Ratio

Strong

1.27

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

7.42%

Cap Rate

8.59%

Return on Investment

23.45%

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$32,734

Deductible property tax

$6,828

Your total deduction

$57,359

Your adjusted annual income

$150,000 - $57,359 = $92,641

Taxes on $92,641 (30%)

$27,792

Your old tax bill

$45,000

Your new tax bill

$27,792

Estimated tax savings

$17,208

Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

2,881 sqft

Year built:

1950

Size:

2,535 sqft

Type:

MULTI_FAMILY

Parking:

Heating:

Radiant, Gas

Sold Comparables

Property Details

MLS Status: N/A

Property Use: MULTI_FAMILY

Stories: -

Lot size: 2,881 sqft

Building area: 2,535 sqft

Garage: No

Heating: Radiant, gas

Pool: No

Fireplaces: -

Basement: No

Cooling: Other

View: -

Parking: Carport

Amenities: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer

Price per square foot: $272

Lot Info

Zoning: -

Land Use: -

Parcel Number: 0630003000000015

Flood Zone: No

Tax Info

Year Assessed: 2024

Assessed Value: $300,300

County Est. Land Value: -

Assessed Land Value: -

County Est. Structure Value: -

Market Estimate: $689,700

Schools

Elementary School: Alexander D. Sullivan No. 30 Elementary School with 2/10 star rating
Middle School: Ezra L. Nolan No. 40 Middle School with 1/10 star rating
High School: Henry Snyder High School with 1/10 star rating