Montclair, NJ
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Montclair short-term rental market based on reliable data.
Listings
266 / 1008
Reliable / Active
Cap Rate
3%
Middle-Earners Gross Yield
Revenue
$30,404
Middle-Earners Revenue
Occupancy
64%
Middle-Earners Occupancy
Home Value
$1,081,750
Median Home Sale Price
Top Earners
$57,568
Top-Earners Revenue
Montclair
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Montclair.
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Generally Investor friendly
Montclair Regulations
STRs are permitted in most areas with no current dedicated license or citywide ban, and the town is pursuing tax revenue rather than prohibition. Pending rules will add moderate permitting, safety, and reporting requirements, but are expected to remain manageable.
Local STR Agent
STR specialist · Montclair, NJ
About Montclair
Montclair is a township in Essex County in the U.S. state of New Jersey. Situated on the cliffs of the Watchung Mountains, Montclair is a commercial and cultural hub of North Jersey and a diverse bedroom community of New York City within the New York metropolitan area. The township is the home of Montclair State University, the state's second-largest university. As of the 2020 United States census, the township's population was 40,921, an increase of 3,252 (+8.6%) from the 2010 census count of 37,669, which in turn reflected a decline of 1,308 (−3.4%) from the 38,977 counted in the 2000 census. As of 2010, it was the 60th-most-populous municipality in New Jersey.