Jersey City, NJ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

4560 / 15088

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$37,768

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$665,309

Median Home Sale Price

Top Earners

$79,767

Top-Earners Revenue

Jersey City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Jersey City.

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C

Challenging to Investors

Jersey City Regulations

Short‑term rentals are legal but heavily constrained by strict caps (60 unhosted nights/year), owner‑only operation, limited eligible property types (small buildings, owner‑occupied), and a multi‑step permitting process with inspections and active enforcement—enough friction to deter most investors.

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About Jersey City

Jersey City occupies a strategic position in Hudson County, New Jersey, sitting directly across the Hudson River from Lower Manhattan. With a population of approximately 290,000 residents, it is the second-largest city in New Jersey and one of the most ethnically diverse municipalities in the country. The city is best known as a gateway to New York City, with the PATH rapid-transit system delivering passengers into Manhattan's Financial District and Midtown in minutes. Its revitalized waterfront, dense skyline of glass towers, and walkable downtown neighborhoods give it a distinctly urban character that feels both independent of and closely tied to its famous neighbor about five miles to the east.

Liberty State Park covers more than 1,200 acres along Upper New York Bay, just minutes from downtown Jersey City. The park offers sweeping views of the Manhattan skyline, the Statue of Liberty, and Ellis Island, and includes the historic Central Railroad of New Jersey Terminal, a beautifully preserved 19th-century train station that once served millions of immigrants heading into the United States. It is roughly a ten-minute drive from most parts of the city.

Just offshore from Liberty State Park, ferries depart for two of America's most iconic landmarks: the Statue of Liberty and Ellis Island. The Statue of Liberty, a gift from France and a universal symbol of freedom, has welcomed visitors to New York Harbor since 1886. Ellis Island, just next door, served as the primary entry point for millions of immigrants between 1892 and 1954 and now operates as a museum of immigration history. Combined ferry trips from Liberty State Park typically take a few hours and remain a major draw for visitors to the region.

Families and science enthusiasts gravitate to the Liberty Science Center, located within Liberty State Park. The center is one of the largest interactive science museums in the United States, with hands-on exhibits, a planetarium, and a large IMAX Dome theater. It sits only minutes from the city's residential neighborhoods and is popular with school groups and traveling families.

Jersey City itself rewards exploration beyond the obvious tourist routes. Historic districts like Paulus Hook, Van Vorst Park, and Hamilton Park feature brownstone-lined streets, independent cafés, and small restaurants that reflect the city's longstanding cultural mix. The Newark Avenue pedestrian plaza in the Journal Square area comes alive on weekends with food vendors and live music, while the Hudson River Waterfront Walkway offers miles of uninterrupted views stretching from the Statue of Liberty northward toward the George Washington Bridge.

For short-term rental investors and travelers alike, Jersey City offers an unusual combination: immediate access to Manhattan's job centers, theaters, and cultural institutions, paired with lodging costs that are typically lower than those across the river. Its compact layout, robust transit connections, and proximity to Liberty State Park, the Statue of Liberty, and Ellis Island make it a practical and appealing base for visitors who want a full New York Harbor experience with room to breathe.

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