Morristown & Parsippany, Newark Airbnb revenue and occupancy data

What Airbnb listings in Morristown & Parsippany earn, how often they're booked, and how that compares with the rest of Newark, NJ.

Parker Place

Editorial direction

Parker Place

Co-founder & CTO, BNBCalc

Over the past 12 months, regularly available listings in Morristown & Parsippany earned $33,241 on average, were booked for 60% of the nights they were open, and averaged $323 a night. The median gross yield, before expenses, is 8.6%.

Yearly revenue

$33,241

Occupancy

60%

Nightly rate

$323

Gross yield

8.6%

before expenses

Median of 20 listings

Active listings

26

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My take on Morristown & Parsippany

Morristown & Parsippany has median annual room-revenue potential of $54,144, above the wider market's $49,195, but its median potential gross yield of 8.6% is below the market's 9.2%. Higher projected revenue is not the same as a better return relative to home value. Gross yield is before expenses, financing and taxes, so the larger revenue potential still needs to support the property's purchase price and operating budget.

Commentary uses groups of at least 20 listings. Tables may include smaller groups.

How much do Airbnb hosts make in Morristown & Parsippany?

Regularly available Airbnb listings in Morristown & Parsippany earned an average of $33,241 over the past 12 months. That is 14% less than the Newark, NJ average of $38,579. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.

What is the Airbnb occupancy rate in Morristown & Parsippany?

Listings in Morristown & Parsippany were booked for an average of 60% of the nights they were open for booking over the past 12 months. That is 5 points higher than the Newark, NJ average of 55%. Nights a host blocked off don't count.

How much does an Airbnb cost per night in Morristown & Parsippany?

The average nightly rate in Morristown & Parsippany was $323 over the past 12 months, including cleaning fees. That is 6% lower than the Newark, NJ average of $342.

Is an Airbnb in Morristown & Parsippany profitable?

For homes with a matched home value, the median room-revenue potential in Morristown & Parsippany is $54,144 a year and the median gross yield is 8.6%. Gross yield is 0.6 points lower than the Newark, NJ median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.

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How much do Airbnb hosts make in Morristown & Parsippany by bedroom count?

One-bedroom homes have the highest gross yield in Morristown & Parsippany, at 11.4%. The table shows average yearly revenue and median gross yield for each home size, with the Newark, NJ figure for the same size under each one.

Average yearly revenue and median gross yield by bedroom count in Morristown & Parsippany, with Newark, NJ figures
BedroomsYearly revenueGross yield
1 bedroom

11 listings

$24,204

Newark, NJ: $26,574

11.4%

Newark, NJ: 10.0%

2 bedrooms

5 listings

$29,975

Newark, NJ: $34,655

7.8%

Newark, NJ: 8.6%

3 bedrooms

5 listings

$37,680

Newark, NJ: $45,968

6.5%

Newark, NJ: 9.0%

4+ bedrooms

5 listings

$51,952

Newark, NJ: $70,650

7.0%

Newark, NJ: 9.6%

How does Morristown & Parsippany compare with nearby areas?

Every row uses the same method and data date. Nearby areas link to their own pages.

Average yearly revenue, occupancy and nightly rate, and median gross yield, in Morristown & Parsippany, the Newark, NJ market and nearby areas
AreaYearly revenueOccupancyNightly rateGross yield
Morristown & Parsippany

This area

26 listings

$33,24160%$3238.6%
Newark, NJ market

3,498 listings

$38,57955%$3429.2%
The Oranges & Maplewood

137 listings

$35,69252%$33812.3%
Montclair & Bloomfield

72 listings

$36,27552%$3358.3%
Lake Hopatcong

50 listings

$47,28953%$45314.1%
Irvington

31 listings

$33,93850%$34510.3%

Where is Morristown & Parsippany?

The Newark, NJ market includes 42 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it. Figures cover Morristown and Parsippany together.

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About these figures

How is yearly revenue measured?

It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.

How is occupancy measured?

For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.

How is the nightly rate measured?

It is the average price per booked night over the past 12 months, including cleaning fees.

What is room-revenue potential?

It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.

What is gross yield?

For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.

Which listings are included?

Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (26 in Morristown & Parsippany). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.

How current is this data?

Figures are current as of November 3, 2026 and refresh monthly.

Why are these figures different from the Newark, NJ market page?

The market page summarizes all of Newark, NJ from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.

What can't these figures tell me?

They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.

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Go deeper on Morristown & Parsippany

With BNBCalc Markets, compare Morristown & Parsippany by bedroom count and performance level, see home prices, and browse its listings on the map.

Explore Morristown & ParsippanyReveal any property's Airbnb profitability