Vernon, NJ
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Vernon short-term rental market based on reliable data.
Listings
172 / 345
Reliable / Active
Cap Rate
11%
Middle-Earners Gross Yield
Revenue
$34,104
Middle-Earners Revenue
Occupancy
45%
Middle-Earners Occupancy
Home Value
$300,914
Median Home Sale Price
Top Earners
$68,883
Top-Earners Revenue
Vernon
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Vernon.
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Generally Investor friendly
Vernon Regulations
Vernon allows STRs citywide with no hard caps but requires moderate permitting: $350 registration, twice‑annual fire inspections, certificate of occupancy, $500k liability, detailed documentation, occupancy/age limits, 24/7 contact duty, and 3% occupancy tax with platform remittance. Compliance is predictable and expensive but manageable, making it investor‑friendly yet operationally burdensome.
Local STR Agent
STR specialist · Vernon, NJ
About Vernon
Vernon, New Jersey, is a charming township located in Sussex County. As of the latest census, it has a population of approximately 22,000 residents. The township is situated about 50 miles northwest of New York City, making it an appealing option for those seeking a short-term rental escape from the urban hustle.
One of Vernon's most notable attractions is the Mountain Creek Resort, which offers a variety of recreational activities including skiing, snowboarding, and water park fun (https://www.mountaincreek.com)..) The township is also home to the picturesque Highland Lakes, a series of interconnected freshwater lakes ideal for fishing, boating, and swimming.
Visitors can explore the Appalachian Trail which passes through Wawayanda State Park, offering countless hiking and nature-watching opportunities (https://njpalisades.org/wawayanda.html)..) Another prominent landmark is the Warwick Drive-In Theater, located just over the border in Warwick, NY, providing a nostalgic movie experience under the stars (https://www.warwickdrivein.com)..)
Overall, Vernon's proximity to New York City, coupled with its outdoor recreational options and charming local attractions, make it a desirable location for short-term rentals.