Ocean Grove, New Jersey Short-Term Rental Market
Quick Answer: Ocean Grove, New Jersey is an active short-term rental market. average occupancy is 59%. average monthly revenue is $6,795. average daily rate is $536. the top operator is Berkshire Hathaway HomeServices Zack Shore, REALTORS with 181 listings. market score is 43/100 (grade D).
Market data reflects the Jersey Shore regional market, which includes Ocean Grove. Regulations, taxes, and permit details below are specific to Ocean Grove.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 32% | $245 | $2,377 |
| Feb | 44% | $240 | $2,286 |
| Mar | 44% | $241 | $2,514 |
| Apr | 46% | $257 | $2,585 |
| May | 51% | $363 | $3,062 |
| Jun | 62% | $456 | $5,759 |
| Jul | 74% | $464 | $7,789 |
| Aug | 76% | $487 | $8,529 |
| Sep | 37% | $382 | $3,833 |
| Oct | 28% | $281 | $2,646 |
| Nov | 38% | $259 | $2,531 |
| Dec | 40% | $259 | $2,749 |
Top Short-Term Rental Operators in Ocean Grove
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Berkshire Hathaway HomeServices Zack Shore, REALTORS | 181 | 277 | ★ 4.48 |
| 2 | Shore Points Vacations | 89 | 260 | ★ 4.55 |
| 3 | Mary Allen Realty | 85 | 406 | ★ 4.69 |
| 4 | Evolve | 84 | 2,212 | ★ 4.57 |
| 5 | Breezy Beach Stays | 58 | 1,763 | ★ 4.98 |
What Kind of STR Should I Buy in Ocean Grove?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 845 |
| 2 bed | 1,285 |
| 3 bed | 1,629 |
| 4 bed | 1,071 |
| 5 bed | 918 |
ADR by Property Tier
| Entire Home | $552 |
| Luxury | $917 |
| Professionally Managed | $503 |
Revenue by Dwelling Type
| Apartment | $4,631 |
| Entire Place | $6,997 |
| House | $7,645 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 33.3% |
| vrbo | 24.7% |
| both | 42% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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