Asbury, NJ

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Asbury short-term rental market based on reliable data.

Listings

278 / 787

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$34,207

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$612,515

Median Home Sale Price

Top Earners

$85,748

Top-Earners Revenue

Asbury

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Asbury.

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B

Generally Investor friendly

Asbury Regulations

Short-term rentals are not prohibited and appear allowed under state rules (Vacation Rental Act registration and NJ Uniform Fire Code compliance), with no citywide caps or restrictive zoning mentioned for Milford; the lack of a specific STR ordinance and potential local verification/neighbor issues create modest uncertainty and cost, but no major municipal barriers.

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About Asbury

Asbury is a small unincorporated community within Franklin Township, in Warren County, in the northwestern corner of New Jersey. The surrounding township has a population of roughly 3,000 residents, and Asbury itself has the feel of a quiet rural crossroads in the state's Skylands region. Best known as a gateway to the outdoor landscapes of the New Jersey Highlands and the upper Delaware River valley, it offers a slower-paced alternative to the more developed parts of northern New Jersey. The community sits about 60 miles west of New York City, a drive that typically runs between ninety minutes and two hours depending on traffic and route, and it is also within easy reach of the Lehigh Valley in eastern Pennsylvania.

The Delaware Water Gap National Recreation Area lies to the northwest of Asbury, roughly 25 to 30 miles away, where the Delaware River cuts through the Appalachian Mountains along the New Jersey–Pennsylvania border. Managed by the National Park Service, the recreation area spans more than 70,000 acres and offers miles of hiking trails (including a stretch of the Appalachian Trail), river access for fishing, kayaking, and swimming, and a string of small river towns on both sides of the water. It is a major regional draw throughout the year, with peak visitation in summer and during the fall foliage season.

Just a short drive north of Asbury, Jenny Jump State Forest covers more than 4,000 acres of forest and ridge land in Warren County. The park includes a network of hiking trails, picnic areas, and a public observatory operated by the United Astronomy Clubs of New Jersey, and its higher elevations offer broad views of the surrounding Highlands and, on clear days, the distant ridges of the Kittatinny Mountains. It is a popular spot for stargazing as well as for families looking for an easy introduction to the state's park system.

To the south and west, the rolling farmland and preserved open space of Hunterdon County begin almost immediately, with small historic river towns such as Clinton and Frenchtown within roughly a thirty- to forty-minute drive. Clinton is anchored by a restored nineteenth-century mill village along the South Branch of the Raritan River, while Frenchtown is a walkable Delaware River borough known for its antique shops, small galleries, and independent restaurants. Both towns give visitors a taste of rural New Jersey's small-town character and serve as pleasant day-trip complements to a stay based in Asbury.

Asbury's appeal for short-term rental owners lies in its position as a quiet, rural base within easy reach of some of the most scenic outdoor destinations in the Northeast. Visitors who book a stay here can spend their days hiking in the Delaware Water Gap, exploring state forests and reservoir country in the Highlands, or wandering through historic river towns, then return to a peaceful country setting at night. The combination of natural beauty, proximity to New York City and eastern Pennsylvania, and the slower rhythm of Warren County makes the area a strong fit for travelers seeking an outdoor-focused escape.

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