Performance indicators for the Ocean City short-term rental market based on reliable data.
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The highest-performing listings in Ocean City.
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Challenging to Investors
STRs are allowed but constrained by an 11‑month moratorium on new licenses in R‑1 and MH districts, occupancy and minimum‑stay limits in many areas, and a 3% tax on bookings via third‑party platforms; existing license renewals are possible but the city’s tone is tightening, raising compliance and investment risk.
Local STR Agent
STR specialist · Ocean City, NJ
Ocean City, New Jersey is a family-friendly seaside resort town located on the southern coast of New Jersey's Cape May County. As of the last census, the city's population was approximately 11,000 residents, but this number swells significantly during the summer months due to its popularity as a vacation destination. The city is situated about 12 miles southwest of Atlantic City, making it easily accessible for those looking to explore further entertainment and nightlife options.
Ocean City is known for its pristine beaches, historic boardwalk, and numerous family-oriented attractions. The city's 2.5-mile-long boardwalk is perhaps its most famous feature, offering a variety of shops, eateries, and entertainment options. More details can be found here.
Another major landmark is the Ocean City Music Pier, an iconic venue that hosts concerts and events throughout the year. For more information, you can visit this link.
The Edwin B. Forsythe National Wildlife Refuge is nearby, offering opportunities for bird-watching and nature walks. More information about the wildlife refuge can be accessed here.
Ocean City maintains its appeal for short-term rentals due to its variety of attractions, clean and family-friendly environments, and its convenient location within driving distance of other major destinations like Philadelphia, which is about 65 miles away.
In sum, Ocean City's robust seasonal economy, numerous tourist attractions, and proximity to larger urban centers make it an attractive locale for short-term rental opportunities.