Bernardsville, NJ

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

4 / 18

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$42,610

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$1,033,295

Median Home Sale Price

Top Earners

$60,902

Top-Earners Revenue

Bernardsville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bernardsville.

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B

Generally Investor friendly

Bernardsville Regulations

Bernardsville currently has no dedicated STR ordinance, so operating a short‑term rental requires no municipal permit, license, or fee— zoning and state occupancy tax compliance plus standard life‑safety and HOA rules apply. The absence of caps or inspections and the lack of a burdensome permitting process keeps entry costs low, but a previously delayed cottage‑rental ordinance and possible future restrictions introduce compliance risk. Overall, STRs are permitted with a straightforward compliance path, though enforcement and caps could change.

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About Bernardsville

Bernardsville is a small, affluent borough in Somerset County, New Jersey, set among the rolling hills of the Somerset Hills region in the northern part of the state. With a population of roughly 7,800, the town carries the feel of an upscale country village, with a walkable downtown, 19th-century architecture, and tree-lined streets that feel closer to New England than to the typical New Jersey suburb. Best known as a gateway to nearby Morristown National Historical Park and for its charming commercial district along Route 202, Bernardsville lies about 35 miles west-southwest of New York City, an easy drive that typically takes between 45 minutes and an hour depending on traffic.

Just a few miles south of the borough lies Jockey Hollow, the largest section of Morristown National Historical Park and the site of the Continental Army's second winter encampment during the Revolutionary War, where George Washington's troops endured the brutal winter of 1779–1780. Today the park offers more than 25 miles of hiking and bridle trails, a visitor center, and a collection of reconstructed soldier huts, making it a rewarding half-day excursion for history-minded visitors.

A short drive north brings guests to Far Hills, home of the United States Golf Association headquarters and the USGA Golf Museum. The museum tells the story of golf in America through interactive exhibits, memorabilia, and rotating galleries, and it sits within a few miles of several prestigious private courses that have hosted major championships over the decades.

Back in town, Bernardsville's compact downtown offers a cluster of independent boutiques, antique shops, bakeries, and restaurants set among historic storefronts, giving short-term visitors a relaxed place to wander without straying far from their rental. Just minutes from the center, the Cross Estate Gardens—managed as part of Morristown National Historical Park—offer a quieter complement to the downtown scene, with terraced gardens, spring-fed pools, and wooded walking paths on the grounds of a preserved 19th-century estate.

With its proximity to the New York metropolitan area, easy access to a major Revolutionary War site, and the slow, polished pace of a Somerset Hills village surrounded by horse country and protected parkland, Bernardsville offers short-term rental owners a destination that appeals to history-minded travelers, weekend escapees from the city, and visitors drawn to the scenic countryside of northern New Jersey throughout the year.

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