Airbnb hosts in New Jersey raked in $175M last year, company says

TRD TRI-STATE /
Feb.February 19, 2020 09:59 AM

(Credit: Aude)

Airbnb hosts across New Jersey brought in a total of $175 million last year, Jersey Digs reported, citing data released by the short-term rental company. Hosts in Hudson County brought in the most money “by a wide margin,” with 420,300 Airbnb guests and a total of $75 million in revenue, according to the outlet. Cape May had the second-highest revenue, with 178,900 guests and $33.9 million in revenue. The outlet notes this year could see a dip in Hudson County revenue following the passage of an ordinance that placed restrictions on short-term rentals in Jersey City. [Jersey Digs]


Related Articles

arrow_forward_ios
Golden Glades lands $41M loan for Jersey City luxury building

Golden Glades lands $41M loan for Jersey City luxury building

Renaissance Properties sells mixed-use Metuchen complex for $30M

Renaissance Properties sells mixed-use Metuchen complex for $30M

Joint venture led by Federal REIT drops $203M for Hoboken portfolio

Joint venture led by Federal REIT drops $203M for Hoboken portfolio

CMT Developer secures loan for apartments at former Elizabeth, NJ hospital site

CMT Developer secures loan for apartments at former Elizabeth, NJ hospital site

Thor Equities shells out 8 figures for Jersey City office building

Thor Equities shells out 8 figures for Jersey City office building

New Jersey Gov. Phil Murphy, New York Gov. Andrew Cuomo and Connecticut Gov. Ned Lamont (Credit: Murphy by Bennett Raglin/Getty Images for Montclair Film; Cuomo by Spencer Platt/Getty Images; Lamont by Bonnie Biess/Getty Images for SiriusXM)

Cuomo joins forces with Connecticut, NJ governors to combat coronavirus

Oldest home in Saddle River, NJ hits the market

Oldest home in Saddle River, NJ hits the market

Time Equities buys NJ retail center for $60M

Time Equities buys NJ retail center for $60M

arrow_forward_ios
Loading...