Wayne, NJ
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Wayne short-term rental market based on reliable data.
Listings
3 / 11
Reliable / Active
Cap Rate
3%
Middle-Earners Gross Yield
Revenue
$19,004
Middle-Earners Revenue
Occupancy
55%
Middle-Earners Occupancy
Home Value
$723,209
Median Home Sale Price
Top Earners
$22,275
Top-Earners Revenue
Wayne
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Wayne.
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Very Investor friendly
Wayne Regulations
STRs are clearly permitted citywide with no local STR permit; only standard state registrations (Sales Tax Certificate and quarterly Room/Occupancy Tax) and general safety/insurance compliance are required. The lack of caps, fees, inspections or local licensing, plus the supportive tone, make Wayne very investor‑friendly.
Local STR Agent
STR specialist · Wayne, NJ
About Wayne
Wayne is a township in Passaic County, in the U.S. state of New Jersey. Home to William Paterson University and located less than 20 miles (32 km) from Midtown Manhattan, the township is a bedroom suburb of New York City and regional commercial hub of North Jersey. As of the 2020 United States census, the township's population was 54,838, an increase of 121 (+0.2%) from the 2010 census count of 54,717, which in turn reflected an increase of 648 (+1.2%) from the 54,069 counted in the 2000 census.Wayne was formed as a township by an act of the New Jersey Legislature on April 12, 1847, from portions of Manchester Township. Totowa was formed from portions of Wayne and Manchester Township on March 15, 1898. Points of interest include William Paterson University, Willowbrook Mall, Wayne Towne Center, High Mountain Park Preserve, and Dey Mansion.