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

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
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.
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.
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.
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.
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.
Reveal any property's Airbnb profitabilityOne-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.
| Bedrooms | Yearly revenue | Gross 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% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Morristown & Parsippany This area 26 listings | $33,241 | 60% | $323 | 8.6% |
| Newark, NJ market 3,498 listings | $38,579 | 55% | $342 | 9.2% |
| The Oranges & Maplewood 137 listings | $35,692 | 52% | $338 | 12.3% |
| Montclair & Bloomfield 72 listings | $36,275 | 52% | $335 | 8.3% |
| Lake Hopatcong 50 listings | $47,289 | 53% | $453 | 14.1% |
| Irvington 31 listings | $33,938 | 50% | $345 | 10.3% |
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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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.
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.
It is the average price per booked night over the past 12 months, including cleaning fees.
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.
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.
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.
Figures are current as of November 3, 2026 and refresh monthly.
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.
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.
With BNBCalc Markets, compare Morristown & Parsippany by bedroom count and performance level, see home prices, and browse its listings on the map.