Caldwell, NJ

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

14 / 51

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$27,386

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$706,559

Median Home Sale Price

Top Earners

$44,159

Top-Earners Revenue

Caldwell

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Caldwell.

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B

Generally Investor friendly

Caldwell Regulations

STRs appear allowed in Caldwell under general zoning/housing codes with moderate permitting (annual registration, safety inspections) and insurance but no published city‑specific STR ban or caps. Enforcement is likely to tighten as nearby Essex County municipalities adopt stricter rules, but the current regime remains manageable for investors.

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About Caldwell

Caldwell is a borough located in northwestern Essex County, in the U.S. state of New Jersey, about 16 miles (26 km) west of New York City and 6 miles (9.7 km) north-west of Newark, the state's most populous city. As of the 2020 United States census, the borough's population was 9,027, an increase of 1,205 (+15.4%) from the 2010 census count of 7,822, which in turn reflected an increase of 238 (+3.1%) from the 7,584 counted in the 2000 census.Caldwell was incorporated as a borough by an act of the New Jersey Legislature on February 10, 1892, from portions of Caldwell Township (now Fairfield Township), based on the results of a referendum held on the previous day. In 1981, the borough's name was changed to the "Township of the Borough of Caldwell", as one of seven Essex County municipalities to pass a referendum to become a township, joining four municipalities that had already made the change, of what would ultimately be more than a dozen Essex County municipalities to reclassify themselves as townships in order take advantage of federal revenue sharing policies that allocated townships a greater share of government aid to municipalities on a per capita basis. Effective January 26, 1995, it again became a borough.Grover Cleveland, the 22nd and 24th President of the United States, and the only president to serve two non-consecutive terms, was born in Caldwell on March 18, 1837. His father, Rev. Richard Falley Cleveland, was pastor of the First Presbyterian Church. The Grover Cleveland birthplace—the church's former manse—is now a museum and is open to the public.Though today the Caldwell area is considered to be a suburb of both Newark and New York City, the area originally developed as its own individual, self-contained community and economy rather than as urban sprawl from a larger city. When it was formed, miles of woods separated downtown Caldwell from Newark or any of its developing suburbs. New Jersey Monthly magazine ranked Caldwell as its third-best place to live in its 2010 rankings of the "Best Places To Live" in New Jersey.

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