Performance indicators for the Boonton short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
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Middle-Earners Revenue
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Middle-Earners Occupancy
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Median Home Sale Price
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Top-Earners Revenue
The highest-performing listings in Boonton.
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Unfriendly to Investors
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.
Local STR Agent
STR specialist · Boonton, NJ
Boonton () is a town in Morris County, in the U.S. state of New Jersey. As of the 2020 United States census, the town's population was 8,815, an increase of 468 (+5.6%) from the 2010 census count of 8,347, which in turn reflected a decline of 149 (−1.8%) from the 8,496 counted in the 2000 census. The settlement was originally called "Boone-Towne" in 1761 in honor of the Colonial Governor Thomas Boone.Boonton was originally formed on March 16, 1866, within portions of Hanover Township and Pequannock Township. The town was reincorporated and became fully independent on March 18, 1867.The development of Boonton began in about 1829, as a result of the construction of the Morris Canal and the formation of the New Jersey Iron Company. The original location of the town is now largely under the Jersey City Reservoir, completed in 1904. In 1908, the waters from this reservoir were the first municipal water supply in the United States to be chlorinated. The decision to build the chlorination system was made by John L. Leal and the facility was designed by George W. Fuller.