Asbury Park, NJ
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Asbury Park short-term rental market based on reliable data.
Listings
124 / 732
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$42,147
Middle-Earners Revenue
Occupancy
46%
Middle-Earners Occupancy
Home Value
$660,194
Median Home Sale Price
Top Earners
$99,424
Top-Earners Revenue
Asbury Park
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Asbury Park.
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Challenging to Investors
Asbury Park Regulations
The 180-day annual rental cap and principal residence requirement constrain investor flexibility, while the $500 permit fee, inspections, and $2,000 fines increase compliance burden, making it challenging for passive STR investments.
Local STR Agent
STR specialist · Asbury Park, NJ
About Asbury Park
Asbury Park () is a beachfront city located on the Jersey Shore in Monmouth County in the U.S. state of New Jersey. It is part of the New York metropolitan area.As of the 2020 United States census, the city's population was 15,188, a decrease of 928 (−5.8%) from the 2010 census count of 16,116, which in turn reflected a decline of 814 (−4.8%) from the 16,930 counted in the 2000 census.In 2022, Asbury Park's beach was named one of the best in the world by Money and one of the best in the country by Travel + Leisure.Asbury Park was originally incorporated as a borough by an act of the New Jersey Legislature on March 26, 1874, from portions of Ocean Township. The borough was reincorporated on February 28, 1893. Asbury Park was incorporated as a city, its current type of government, as of March 25, 1897.