Dover, NJ

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

3 / 17

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$52,685

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$497,747

Median Home Sale Price

Top Earners

$69,400

Top-Earners Revenue

Dover

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Dover.

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A

Very Investor friendly

Dover Regulations

Dover permits STRs citywide without a local license, fees, inspections, or occupancy caps; compliance is limited to standard zoning, safety codes, and NJ tax registration, so the regulatory burden is minimal and predictability is high.

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About Dover

Dover is a town in Morris County, in the U.S. state of New Jersey. Located on the Rockaway River, Dover is about 31 miles (50 km) west of New York City and about 23 miles (37 km) west of Newark, New Jersey. As of the 2020 United States census, the town's population was 18,460, an increase of 303 (+1.7%) from the 2010 census count of 18,157, which in turn reflected a decline of 31 (−0.2%) from the 18,188 counted in the 2000 census.Dover is a majority minority community, with nearly 70% of the population as of the 2010 census identifying themselves as Hispanic, up from 25% in 1980.

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