Airbnb Market Analytics, Statistics and Data in West New York, 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 West New York? 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 West New York:
How much do Airbnb hosts make on average per month in West New York?
The short-term rental market in West New York 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 $2,876 per month
- Strong performing properties (top 25%) make $4,947 or more
- Best-in-class properties (top 10%) achieve $7,365+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,768
Revenue Variations by Month
Occupancy Rates Throughout the Year in West New York
The market in West New York 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 71% occupancy rates
- Strong performing properties (top 25%) achieve 86% or higher
- Best-in-class properties (top 10%) reach 93%+occupancy
- Entry-level properties (bottom 25%) average around 47%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in West New York
Daily rates in West New York 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 $130 per night
- Strong performing properties (top 25%) secure $218 or more
- Best-in-class properties (top 10%) pull in $330+ per night
- Entry-level properties (bottom 25%) earn around $85
Daily Rate Variations by Month
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Seasonality patterns in West New York
Peak Season (December, October, June)
- Revenue peaks at $4569.60 per month
- Occupancy rates reach 79.04%
- Daily rates average $210.07
Shoulder Season
- Revenue averages $3901.10 per month
- Occupancy maintains 63.83%
- Daily rates hold at $186.78
Low Season (March, February, January)
- Revenue drops to $1994.18 per month
- Occupancy decreases to 37.49%
- Daily rates adjust to $168.17
Is it still profitable to do Airbnb in West New York in 2025?
Yes! West New York demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 64% and strong monthly revenue averaging $3901 and With 257 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 West New York
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Guttenberg | A charming town along the Hudson River, known for its waterfront views and proximity to New York City. Attracts visitors looking for a quieter stay with easy access to the excitement of NYC. | Hudson River Waterfront Walkway, James J. Braddock Park, Guttenberg Arts, Local cafes and restaurants |
| West New York | A vibrant town with a mix of cultures and stunning views of the Manhattan skyline. It is popular among tourists who want to enjoy a suburban feel while being close to NYC. | Washington Street, Hudson River Waterfront, Local eateries, Cultural festivals |
| Weehawken | Known for its incredible views of the Manhattan skyline, this area attracts visitors seeking picturesque landscapes and easy transport into NYC. | Weehawken Waterfront Park, Hamilton Park, Lincoln Harbor, Weehawken Ferry Service |
| North Bergen | A diverse neighborhood that offers affordable accommodations while providing easy access to Manhattan, popular with budget-conscious travelers. | James Braddock Park, Local shopping centers, Begenfield Park, Cultural festivals |
| Secaucus | Often chosen for its more affordable rates and easy access to public transportation into New York City, great for families and groups. | Secaucus Outlet Center, New Jersey Meadowlands, Meadowlands Expo Center, Secaucus Junction |
| Union City | A lively community featuring a rich Hispanic culture with diverse restaurants and entertainment options, making it appealing to foodies and cultural travelers. | Lincoln Tunnel, Hudson River Park, Local dining spots and nightlife, Union City Historical Museum |
| Jersey City | An urban hub that's rapidly growing, known for its waterfront and cultural attractions, it serves as a popular alternative to Manhattan. | Liberty State Park, Liberty Science Center, Journal Square, Empty Sky Memorial |
| Edgewater | Offers a peaceful suburban vibe with waterfront views of Manhattan, making it attractive for those wanting a relaxing getaway close to the city. | Edgewater Commons, Hudson River walkway, Parks and recreation areas |
Do you need a license for Airbnb in West New York?
We recommend checking directly with West New York's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in West New York
Amazing 7 Bed/5 bath Townhouse steps to NYC views
Entire Place • 7 bedrooms
Amazing 3,500SQFT Home w/Manhattan & River Views
Entire Place • 9 bedrooms
Midtown Manhattan NYC/Time Square
Entire Place • 2 bedrooms
Manhattan NYC (Chelsea) Empire States Building
Entire Place • 2 bedrooms
Sky High Flats
Entire Place • 2 bedrooms
Fun Themed| Family Duplex | 15 Mins Times Sq | 5BR
Entire Place • 5 bedrooms
Top Performing Professional Hosts in West New York
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 307197943 | 3 | $515,416 | 73 | 4.99/5.0 |
| Angie | 9 | $514,175 | 79 | 3.91/5.0 |
| Mike | 3 | $433,606 | 191 | 4.98/5.0 |
| Tim | 3 | $336,098 | 488 | 4.82/5.0 |
| NYCliving | 3 | $278,054 | 949 | 4.68/5.0 |
| Wilder | 14 | $277,127 | 1099 | 4.63/5.0 |
| Juan | 3 | $222,667 | 340 | 4.78/5.0 |
| Lavish | 1 | $184,558 | 61 | 4.90/5.0 |
| JD And Abby | 2 | $179,598 | 162 | 4.86/5.0 |
| Gurhan | 10 | $165,646 | 228 | 3.92/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in West New York
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 (63%), with apartment & condo and house properties comprising 98.1% of inventory
- Untapped potential in boutique & hotels, others segments (2.0% combined)
Room Capacity Distribution
Analysis of 257 properties in West New York shows that 1 bedroom properties are most prevalent, making up 30.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 52.1% of all listings.
Key Insights
- Most common: 1 bedroom (30.4%)
- Least common: 4 bedrooms (1.6%)
- Market concentration: 52.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 257 properties in West New York reveals that 4 guests properties dominate the market, representing 17.9% of all listings. The average property accommodates 3.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 33.1% of the market.
Key Insights
- Most common capacity: 4 guests (17.9% of market)
- Least common capacity: 1 guest (2.3% of market)
- Average guest capacity: 3.2 guests per property
- Market concentration: 33.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 257 properties in West New York, the most common availability pattern is 31-90 days (31.1% of properties). For actual bookings, properties most frequently secure bookings for 271-366 days (39.3% of properties).
Key Insights
- Most common availability window: 31-90 days (31.1%)
- Most common booking duration: 271-366 days (39.3%)
- Properties with high availability (180+ days): 32.3%
- Properties with long-term bookings (180+ days): 69.3%
Minimum Stay Distributions
1 Night
59 listings
26.1% of total
2 Nights
58 listings
25.7% of total
3 Nights
35 listings
15.5% of total
4-6 Nights
21 listings
9.3% of total
7-29 Nights
13 listings
5.8% of total
30+ Nights
40 listings
17.7% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 51.8%
- Mid-length stays (4-6 nights) represent 9.3% of listings
- Monthly+ stays (17.7%) suggest a stable extended-stay market
- High market flexibility with 67.3% 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
1 listings
0.5% of total
Flexible
34 listings
15.7% of total
Moderate
21 listings
9.7% of total
Firm
55 listings
25.5% of total
Strict
105 listings
48.6% of total
Key Insights
- Strict is the preferred policy at 48.6% of listings
- Stricter policies (Firm & Strict) dominate at 74.1% of the market
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 0.5% of listings
Recommendations
- The market supports stricter policies, with 74.1% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Apr, Jul, averaging 97 days
- Shortest booking windows are in Aug, Jan, Feb, averaging 49 days
- Spring shows the longest average booking window at 90 days, while Winter has the shortest at 57 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 90 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Aug-Feb when lead times are shortest
Popular Airbnb Amenities in West New York
Below is the distribution of amenities across listings in West New York:
Traveler Demographics
Key Insights
- Domestic travelers make up 42.5% of total guests, indicating a significant local market share.
- Primary international markets: Germany (11.2%) and Canada (8.9%)
- English is the top language at 58.9%, followed by Spanish (19.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.0%
Recommendations
- Target marketing campaigns for New York and Toronto markets
- Develop localized content for Germany and Canada
- 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 West New York. 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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