Newark

As of May 2026, Newark, New York City, Jersey City, Philadelphia have 6,494 active Airbnb and VRBO listings. This represents a 5% decrease from the previous year.

The average Airbnb or VRBO in Newark generates $38K per year. High-performing properties earn $86K/year, while low-performing properties earn $13K/year. This wide disparity highlights a polarized market where top-tier assets capture significantly higher revenue despite stagnant overall supply and moderate occupancy levels.

Average home prices in Newark vary by property size: 1-bedroom properties cost approximately $310K, 2-bedroom homes average $477K, 3-bedroom properties are around $643K, and 4+ bedroom homes average $813K. These prices reflect median home values across the Newark, New York City, Jersey City, Philadelphia area.

Airbnb and VRBO can be profitable in Newark, with an average gross yield of 5% across all properties. High-performing properties achieve yields up to 12%, which is considered top for short-term rental investment. The gap between these figures suggests that investors face highly variable returns contingent on asset-specific revenue generation.

The average occupancy rate for Airbnbs and VRBOs in Newark is 39%. This occupancy level, combined with an average nightly rate of $233, results in a RevPAR (revenue per available room) of $74 per day.

4+ bedroom properties demonstrate the strongest performance in Newark, with an average gross yield of 9% and annual revenue of $77K. These properties balance purchase price ($813K), operating costs, and rental demand most effectively in the Newark market.

Short-term rental regulations vary by jurisdiction in the Newark area. Newark: Lenient. Business registration required, no specific STR ordinance. Minimal enforcement, hosts operate freely. New York City: Strict. Multiple dwellings law prohibits rentals under 30 days unless owner present. Heavy enforcement, fines up to $7,500. Many illegal listings persist. Jersey City: Strict. Owner-occupancy required, registration mandatory, 60-day cap for non-owner-occupied. Active enforcement with fines. Philadelphia: Moderate. Business license and short-term rental license required, owner-occupancy for rentals under 30 days. Moderate enforcement. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Newark Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 5% year-over-year, while RevPAR has increased 3%. This indicates balanced supply-demand dynamics. The contraction in supply alongside rising revenue per available room signals a consolidation phase where the market is absorbing current inventory more efficiently.

Launch around September, 2-3 months before peak fall season (December peaks). This pre-peak timing lets you build reviews when competition is -3% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-February) when gaining traction is harder.

The most common amenities in Newark listings include: Air Conditioning (99%), Kitchen (95%), Tv (93%), Heating (84%), Washing Machine (62%). Amenities that boost revenue the most include Air Conditioning, Bbq, Washing Machine, with Air Conditioning properties earning approximately 34% more ($56K/year vs $42K/year).

Monthly estimated revenue per listing in Newark over the last 12 months: May: $2K, June: $2K, July: $2K, August: $2K, September: $3K, October: $3K, November: $2K, December: $4K, January: $1K, February: $1K, March: $2K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Newark is $233, up 20% year-over-year. By property size: 1-bedroom properties average $142/night, 2-bedroom properties average $239/night, 3-bedroom properties average $328/night, 4+ bedroom properties average $550/night. Rates peak in December and are lowest in February.

Guests in Newark book an average of 30 days in advance, down 20% from last year. By property size: 1-bedroom: 26 days, 2-bedroom: 33 days, 3-bedroom: 34 days, 4+ bedroom: 35 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Newark Airbnb and VRBO market has seen the following changes: supply declined 5%, revenue per listing increased 3%, occupancy fell 5%, average nightly rates increased 20%, and lead time decreased 20%. These shifts reflect a move toward higher nightly pricing models that prioritize margin over volume in a tightening inventory environment.

In Newark, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 31% higher occupancy than weekdays.