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Annual Airbnb Revenue in Secaucus new jersey, USA

Last updated on April 30th, 2024

Secaucus, New Jersey| Airbnb Market Data & Overview | USA

Secaucus, New Jersey
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Secaucus, New Jersey, USA?

What is the occupancy rate of Airbnb in Secaucus, New Jersey, USA?

What is the average daily rate of Airbnb in Secaucus, New Jersey, USA?

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Secaucus, New Jersey, USA Airbnb Data

Last updated on: 30th April, 2024

USA / Secaucus, New Jersey
Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered.
Without further ado, let’s see if Secaucus, New Jersey is good for Airbnb.
Occupancy Rate

92%

$122

Daily Rate

$39K+

Revenue (2023)

8.3%

Net Yield

19

Number of Listings

Is Airbnb Profitable in Secaucus, New Jersey ?

Maybe, it’s profitable to Airbnb because the average net rental yield for a one-bedroom property is 8.3%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Secaucus, New Jersey is booked for 314 nights a year, with a median occupancy rate of 86% and an average daily rate of $140. In Secaucus, New Jersey, A typical host income (annual revenue) was $41,311 in 2023.

Best Areas in Secaucus for Airbnb

Are you wondering where to invest in Secaucus? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Meadowlands Exposition Center
  2. Mill Creek Marsh
  3. River Barge Park
  4. Harmon Meadow Plaza
  5. Meadowlands Plaza Hotel
  6. La Quinta Inn & Suites by Wyndham Secaucus Meadowlands
  7. Meadowlands View Hotel
  8. Hilton Garden Inn Secaucus / Meadowlands
  9. The Home Depot
  10. Red Roof PLUS+ Secaucus – Meadowlands – NYC
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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