Newark, OH
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Newark short-term rental market based on reliable data.
Listings
37 / 84
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$21,051
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$232,926
Median Home Sale Price
Top Earners
$34,603
Top-Earners Revenue
Newark
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Newark.
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Challenging to Investors
Newark Regulations
Newark explicitly permits STRs, but small owner‑occupied operations (≤4 lodgers) require a conditional use permit, inspections, and a CO; scaling to 5+ guests or multiple units shifts the use to hotel/motel requiring commercial zoning and full commercial life‑safety/parking compliance. The conditional use process, multiple approvals, and limited owner‑occupied pathway create a moderate‑to‑high compliance burden that constrains investor flexibility and drives operational cost.
Local STR Agent
STR specialist · Newark, OH
About Newark
Newark ( Noork) is a city in, and the county seat of, Licking County, Ohio, United States; it is located 40 miles (64 km) east of Columbus at the junction of the forks of the Licking River. The population was 49,934 at the 2020 census, making it the 18th-largest city in Ohio. It is part of the Columbus metropolitan area. It is the site of much of the Newark Earthworks, a major ancient complex built by the Hopewell culture. The Great Circle portion and additional burial mounds are located in the neighboring city of Heath, Ohio. This complex has been designated as a National Historic Landmark and is operated as a state park by the Ohio History Connection.