Boonton, NJ

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

9 / 53

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$17,754

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$681,881

Median Home Sale Price

Top Earners

$51,015

Top-Earners Revenue

Boonton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Boonton.

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D

Unfriendly to Investors

Boonton Regulations

Boonton prohibits rentals ≤30 days citywide and enforces violations with criminal penalties and fines; the only legal path is mid‑term stays (31+ days) with registration, fire‑code compliance and modest fees. This makes STR investment unviable in the township.

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About Boonton

Boonton is a small, characterful town in Morris County in northern New Jersey, with a population of roughly 8,500 to 9,000 residents. Set along the Rockaway River at the edge of the Highlands, it has the feel of a historic mill town, with brick buildings lining its Main Street and a quiet, walkable downtown that contrasts with the busier suburbs around it. Boonton is best known for its nineteenth-century iron-working heritage, its long-running arts scene, and its proximity to the lakes, ridges, and reservoirs of the Morris County park system, making it a natural gateway to outdoor recreation in the New Jersey Highlands. It sits about 30 miles northwest of New York City, and roughly 20 miles northwest of Newark, with Manhattan reachable in under an hour by car outside of peak hours.

The town's most visible natural landmark is the stretch of the Rockaway River that drops over a series of cascades through Grace Lord Park on the south side of town. The short riverside walk to the falls, often called Boonton Falls, is a popular local destination, with overlooks, picnic areas, and easy trails that draw both residents and visitors year-round. Just to the west of Boonton, Pyramid Mountain Natural Historic Area is a Morris County park covering several thousand acres of forested ridges and glacial boulders, including the well-known Tripod Rock, and offers trailheads for hikers, dog-walkers, and families looking for a half-day outing.

To the south of Boonton, Morristown National Historical Park preserves sites associated with the Continental Army's 1779-1780 winter encampment, including the Ford Mansion that served as George Washington's headquarters and the Jockey Hollow encampment area. The park, about a fifteen-minute drive away, anchors the broader Morristown area and pairs well with visits to Boonton's own downtown.

Boonton's Main Street itself functions as a small attraction, with an assortment of independent restaurants, coffee shops, and galleries housed in restored nineteenth-century buildings. Walkable and compact, it gives visitors a sense of the town's identity as an old iron-making settlement that has reinvented itself as a quiet, arts-friendly community within easy reach of New York and northern New Jersey. In the surrounding countryside, Tourne County Park rises to the south between Boonton and Denville, offering miles of marked hiking trails and views from the hilltops above the town.

Boonton works well as a base for short-term rentals because it offers something many New Jersey suburbs do not: a real, walkable small-town core combined with immediate access to thousands of acres of protected parkland. Guests can spend a morning hiking at Pyramid Mountain, an afternoon walking a Revolutionary War battlefield, and an evening dining on Main Street, all while being within roughly an hour of Manhattan. That combination of small-town character, natural beauty, and regional access gives owners a flexible property that appeals to weekenders, history travelers, and outdoor visitors alike.

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