Airbnb Market Analytics, Statistics and Data in Elizabeth, New Jersey, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Elizabeth? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Elizabeth:
How much do Airbnb hosts make on average per month in Elizabeth?
The short-term rental market in Elizabeth shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,156 per month
- Strong performing properties (top 25%) make $3,797 or more
- Best-in-class properties (top 10%) achieve $5,136+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,121
Revenue Variations by Month
Occupancy Rates Throughout the Year in Elizabeth
The market in Elizabeth shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 53% occupancy rates
- Strong performing properties (top 25%) achieve 73% or higher
- Best-in-class properties (top 10%) reach 87%+occupancy
- Entry-level properties (bottom 25%) average around 29%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Elizabeth
Daily rates in Elizabeth vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $120 per night
- Strong performing properties (top 25%) secure $171 or more
- Best-in-class properties (top 10%) pull in $224+ per night
- Entry-level properties (bottom 25%) earn around $64
Daily Rate Variations by Month
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Seasonality patterns in Elizabeth
Peak Season (December, June, October)
- Revenue peaks at $3160.69 per month
- Occupancy rates reach 62.04%
- Daily rates average $157.27
Shoulder Season
- Revenue averages $2612.25 per month
- Occupancy maintains 51.75%
- Daily rates hold at $135.79
Low Season (August, February, January)
- Revenue drops to $1624.85 per month
- Occupancy decreases to 39.26%
- Daily rates adjust to $123.85
Is it still profitable to do Airbnb in Elizabeth in 2025?
Yes! Elizabeth demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 52% and strong monthly revenue averaging $2612 and With 247 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Elizabeth
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Elizabeth | Convenient urban location with easy access to public transportation and local amenities. Attractive for business travelers and visitors to nearby attractions. | Elizabeth Waterfront, The Mills at Jersey Gardens, Turtle Back Zoo, Liberty Science Center, Kean University |
| Bayway | Residential neighborhood close to major transportation highways, appealing to travelers needing swift access to Newark and New York City. | Bayway Refinery, Elizabeth River Park, Veterans Memorial Park, local eateries |
| Elizabethport | Cultural hub with a rich history and access to waterfront views, perfect for visitors looking for a local experience. | Carteret Waterfront Park, Elizabethport Beacon, local shops and restaurants |
| West Elizabeth | Quiet residential area that appeals to families and those looking for a peaceful stay, while still being close to the city. | Carteret Park, local playgrounds, nearby shopping centers |
| North Elizabeth | Close to airports and major highways, suitable for travelers needing convenient access to transportation. | North Elizabeth Train Station, Regional Rail systems, shopping malls nearby |
| Elmora | Diverse community with a mix of cultures, providing a unique experience for visitors interested in local dining and shopping options. | Elmora Hills Park, local cafes and restaurants, community events |
| Roselle Park | Charming suburban area with parks and a local feel, appealing to families and longer-term visitors. | Roselle Park Historical Society, Nomahegan Park, local arts and crafts |
| Linden | Adjacent to Elizabeth with suburban charm, great for those who want to explore both city and suburban life while being connected to major transport links. | Linden Airport, Vann’s Lake Park, local shopping districts |
Do you need a license for Airbnb in Elizabeth?
We recommend checking directly with Elizabeth's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (3% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Elizabeth
The Bennett I African Oasis
Entire Place • 4 bedrooms
Luxury Gated home near NYC/ EWR with free Parking.
Entire Place • 3 bedrooms
Beautiful 3bedroom apartment near NWR airport/NYC
Entire Place • 3 bedrooms
Modern 3BR 2BA Near EWR & 30 mins to NYC W/Parking
Entire Place • 3 bedrooms
TOWNHOUSE🏠5BR/2BATH/2 FLOORS/ FREE PARKING/BBQ 🤩
Entire Place • 5 bedrooms
Cozy Stylish Apartment near Newark, NJ Airport
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Elizabeth
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Evonify Stays | 51 | $1,293,952 | 1095 | 4.24/5.0 |
| Luxe Life Residences | 9 | $282,031 | 477 | 4.89/5.0 |
| Soliu | 2 | $121,790 | 77 | 4.79/5.0 |
| Samuel | 3 | $112,502 | 79 | 4.80/5.0 |
| Silvia | 2 | $109,897 | 277 | 4.80/5.0 |
| Andy | 6 | $103,542 | 189 | 4.50/5.0 |
| Shaquannah | 2 | $101,883 | 247 | 4.92/5.0 |
| Debbie | 8 | $101,635 | 14 | 1.58/5.0 |
| Oswaldo | 2 | $99,716 | 146 | 4.83/5.0 |
| Susan S | 6 | $95,338 | 617 | 4.80/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Elizabeth
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (70.9%), with apartment & condo and house properties comprising 97.6% of inventory
- Untapped potential in boutique & hotels, others segments (2.4% combined)
Room Capacity Distribution
Analysis of 247 properties in Elizabeth shows that 1 bedroom properties are most prevalent, making up 41.7% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 61.1% of all listings.
Key Insights
- Most common: 1 bedroom (41.7%)
- Least common: 5+ bedrooms (0.8%)
- Market concentration: 61.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 247 properties in Elizabeth reveals that 3 guests properties dominate the market, representing 20.6% of all listings. The average property accommodates 3.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 3 guests and 4 guests make up 35.6% of the market.
Key Insights
- Most common capacity: 3 guests (20.6% of market)
- Least common capacity: 1 guest (1.6% of market)
- Average guest capacity: 3.3 guests per property
- Market concentration: 35.6% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 247 properties in Elizabeth, the most common availability pattern is 91-180 days (33.2% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (34.4% of properties).
Key Insights
- Most common availability window: 91-180 days (33.2%)
- Most common booking duration: 181-270 days (34.4%)
- Properties with high availability (180+ days): 51.0%
- Properties with long-term bookings (180+ days): 51.0%
Minimum Stay Distributions
1 Night
80 listings
41.7% of total
2 Nights
45 listings
23.4% of total
3 Nights
27 listings
14.1% of total
4-6 Nights
26 listings
13.5% of total
7-29 Nights
2 listings
1% of total
30+ Nights
12 listings
6.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 65.1%
- Mid-length stays (4-6 nights) represent 13.5% of listings
- Monthly+ stays (6.3%) suggest a stable extended-stay market
- High market flexibility with 79.2% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
32 listings
17.5% of total
Flexible
47 listings
25.7% of total
Moderate
34 listings
18.6% of total
Firm
35 listings
19.1% of total
Strict
35 listings
19.1% of total
Key Insights
- Flexible is the preferred policy at 25.7% of listings
- The market shows a balanced distribution between guest-friendly (44.3%) and strict (38.2%) policies
- Super Strict 30 Days policies are least common at 17.5% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Diverse policy distribution indicates an opportunity to differentiate through policy choice
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, Oct, averaging 35 days
- Shortest booking windows are in Mar, Aug, Feb, averaging 22 days
- Summer shows the longest average booking window at 31 days, while Winter has the shortest at 25 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 31 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Feb when lead times are shortest
Popular Airbnb Amenities in Elizabeth
Below is the distribution of amenities across listings in Elizabeth:
Traveler Demographics
Key Insights
- Domestic travelers make up 75.9% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (7.1%) and United Kingdom (1.5%)
- English is the top language at 64.8%, followed by Spanish (22.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.7%
Recommendations
- Target marketing campaigns for New York and Toronto markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Elizabeth. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Town of Kingston | 11 | $8,281 | $500.11 | 49% |
| Berlin Township | 15 | $7,352 | $702.39 | 35% |
| Frankford Township | 10 | $7,076 | $504.38 | 44% |
| Penn Estates | 63 | $6,814 | $397.95 | 49% |
| Brookfield | 14 | $6,762 | $517.20 | 50% |
| Stroud Township | 126 | $6,313 | $429.12 | 44% |
| Town of Pawling | 16 | $6,299 | $363.35 | 58% |
| Town of Monroe | 24 | $6,190 | $693.85 | 36% |
| Harvey Cedars | 21 | $5,983 | $758.99 | 42% |
| Town of Thompson | 70 | $5,836 | $534.64 | 39% |
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