Montclair, NJ

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

309 / 1026

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$30,294

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$1,110,061

Median Home Sale Price

Top Earners

$59,363

Top-Earners Revenue

Montclair

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Montclair.

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B

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.

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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.

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