Airbnb & VRBO Performance in Manasquan New Jersey.

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Manasquan, New Jersey: Airbnb & VRBO Vacation Rental Market Overview

Short-term rentals in Manasquan, New Jersey are performing well, with an average 51% occupancy rate, a daily rate of $486, and a monthly revenue of $29,456, making it a promising investment opportunity.

Market overview

Thriving Short-Term Rentals in Manasquan, New Jersey

Manasquan, New Jersey, is experiencing a robust short-term rental market, making it an attractive destination for both hosts and guests. According to recent data, short-term rentals in Manasquan boast an impressive average occupancy rate of 51%, indicating a high demand for these accommodations. The average daily rate for these rentals stands at $486, contributing to a substantial monthly revenue of $29,456. This strong performance highlights Manasquan's appeal as a desirable coastal location, with its proximity to popular spots like Manasquan Beach and Jenkinson's Boardwalk driving the demand for short-term stays. This trend suggests a lucrative opportunity for investors and hosts in the area, underlining Manasquan's status as a vibrant and profitable short-term rental market.

Short Term Regulations

Short-Term Rental Regulations in Manasquan, New Jersey for 2024

General Requirements

  • Rental Permit: Property owners must obtain a rental permit from the Code Enforcement Official before renting out their properties.

Application and Inspection Process

  • Application Submission: Owners must submit an application to the Code Enforcement Official for the issuance or reissuance of a rental permit.
  • Inspection: The Code Enforcement Official will conduct an inspection of the rental unit within 10 days of the application to ensure compliance with property maintenance, building codes, and other municipal ordinances.

Permit Validity

  • Summer Seasonal Occupancy: For summer seasonal occupancy, the rental permit is valid from May 1 to September 30 following the date of issuance. For rentals between October 1 and May 1, a separate permit is required.
  • General Validity: The rental permit is valid until a change in tenant occupancy occurs or for a term of three years, whichever is sooner.

Temporary Permits

  • Temporary Rental Permit: The Code Enforcement Official may issue a temporary rental permit for up to 90 days if the structure substantially complies with the necessary provisions. This permit is conditional upon the completion of required work within a specified time period.

Compliance and Enforcement

  • Compliance with Ordinances: The rental unit must comply with Chapter 13 (Property Maintenance) and all other applicable municipal ordinances.
  • Revocation of Permit: The rental permit can be revoked if there are violations or if the necessary work is not completed within the specified time period.

Additional Requirements

  • Certificate of Occupancy: Owners must ensure they have a valid Certificate of Occupancy or Habitability for the rental unit.
  • Local Contact: Designating a local contact person may be required, especially if the owner lives out of town.

Community Considerations

  • Preservation of Community Peace: The regulations aim to preserve the peace and tranquility of the community and maintain Manasquan as a viable vacation resort.
Neighborhood Performance

Top Airbnb Revenue-Generating Neighborhoods in Manasquan, New Jersey

While specific neighborhood data within Manasquan, NJ, is not extensively detailed in the sources, we can infer the appeal and revenue potential of Manasquan as a whole and extrapolate reasons why it is an attractive location for Airbnb investors and guests.

Why Manasquan is Appealing for Guests

  • Proximity to the Beach: Manasquan is known for its beautiful beaches and waterfront areas, making it a popular summer vacation destination for families and young adults.
  • Outdoor Activities: The area offers various outdoor activities such as surfing, fishing, and access to nearby parks and natural reserves, which attract guests looking for leisure and recreational opportunities.
  • High Demand and Occupancy: Manasquan has a median occupancy rate of 56%, indicating a strong demand for short-term rentals. This is supported by an average daily rate of $486 and annual revenue of around $91,000 per host.

Key Characteristics of Manasquan's Airbnb Market

  • High Revenue Potential: With an average monthly revenue of $29,456 and an annual host income of $91,000, Manasquan presents a lucrative opportunity for Airbnb investors.
  • Seasonal Variations: While Manasquan's peak season is during the summer, understanding and adapting to seasonal fluctuations can help maximize revenue.
  • Amenities and Listings: Most listings in Manasquan offer essential amenities such as internet, wireless internet, air conditioning, parking, and kitchens, which are highly appealing to guests.

Given the general appeal of Manasquan as a whole, here are some broader areas that could be considered for their revenue-generating potential:

Neighborhoods and Areas

  • Beachfront and Waterfront Areas: Properties close to the beach and waterfront are likely to generate high revenue due to their prime location and scenic views.
  • Downtown Manasquan: The downtown area, with its shops, restaurants, and community events, can attract guests looking for a more vibrant and convenient stay.
  • Residential Neighborhoods: Family-friendly neighborhoods with easy access to beaches and local amenities can be particularly appealing for families and groups.

While specific neighborhood names are not provided, these general areas highlight the types of locations within Manasquan that are likely to generate significant Airbnb revenue.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Manasquan, New Jersey

Embrace the Coastal Charm

  • Beach-Inspired Color Scheme: Use a palette of blues, whites, and sandy neutrals to reflect the beach and ocean views.
  • Nautical Accents: Incorporate nautical elements such as anchors, ropes, and shells to add a coastal touch.

Celebrate Local History and Architecture

  • Victorian Influences: Incorporate Victorian-style furniture and decor to honor the town's historic architecture.
  • Beach Shack Vibes: Mix in elements of traditional beach shacks, such as wooden accents and casual, comfortable seating.

Utilize Natural Light and Views

  • Maximize Window Space: Ensure curtains and blinds are light and airy to let in natural light and showcase the beach or river views.
  • Outdoor Spaces: If available, furnish outdoor patios or decks with comfortable seating and nautical-themed decor to extend the living space.

Create a Cozy and Inviting Atmosphere

  • Comfortable Seating: Choose plush, comfortable furniture that invites relaxation, perfect for post-beach days.
  • Local Art and Decor: Hang local artwork or use decorative items that reflect the town's history and culture.

Practical and Functional Design

  • Storage Solutions: Provide ample storage for beach gear, such as surfboards, beach chairs, and towels.
  • Easy-Clean Surfaces: Use easy-to-clean materials and surfaces to handle the occasional sand and saltwater.

Reflect the Community's Vibrant Spirit

  • Local Themes: Incorporate themes related to the town's activities, such as beach volleyball, fishing, or the historic Life Saving Station.
  • Entertainment Options: Include games, such as skee ball or board games, to reflect the town's penny-arcade culture.

Seasonal Considerations

  • Seasonal Decor: Update decor seasonally to reflect the changing activities and events in Manasquan, such as summer concerts or winter festivities.
  • Climate-Resistant Materials: Use materials that can withstand the coastal climate, including humidity and occasional extreme weather conditions.

Personal Touches

  • Welcome Package: Create a welcome package with local recommendations, including restaurants like Harpoon Willy’s and the Algonquin Arts Theatre.
  • Local Guides: Provide guides or maps highlighting the best spots in Manasquan, such as the Fisherman’s Cove Conservation Area and the historic Life Saving Station.
Insider Tips

Discover Manasquan, New Jersey: Local Attractions and Insider Tips

Local Attractions

Beach and Boardwalk

  • Enjoy the beautiful beachfront and boardwalk, a historic spot since the 1800s. Access the beach directly from the boardwalk without crossing busy streets.
  • Summer activities include concerts, yoga, fireworks, and beach volleyball. Note that there is a daily charge for beach access from 9am to 4pm during the summer.

Algonquin Arts Theatre

  • Catch plays, musicals, jazz performances, and classical concerts at this historic theater, formerly an old movie house.

Leggetts Sand Bar

  • Visit this historic bar from the 1930s, known for its remodeled outside bar and patio. Enjoy events like Bingo nights, live music, and drink specials in the summer, or play darts in the winter.

Downtown Manasquan

  • Explore the charming downtown area along Main Street, featuring great restaurants, shops, and delis.

Fisherman’s Cove Conservation Area

  • Discover the 55 acres of unspoiled land near the water, perfect for nature walks and outdoor activities.

Historic Life Saving Station

  • Learn about the historic Life Saving Station from 1848, one of the first eight on the coast, now decommissioned but still a point of interest.

Local Parks

  • Visit Stockton Beach Park, the largest park in Manasquan, which features baseball fields, a lighted roller hockey rink, and a skate park.
  • Explore Orchard Park, Curtis Park, and Carpenter's Park for playgrounds, tennis courts, and other recreational facilities.

Water Activities

  • Access the Manasquan River for wading and cartop boat launching at Fisherman's Cove. Nearby, Gull Island County Park & Conservation Area is great for kayaking, picnics, or fishing.

Insider Tips

Dining and Drinks

  • Try Gee Gee’s Pizza & Grill and Gee Gee’s Deli and Ice Cream on the boardwalk for a variety of food and ice cream flavors. Don’t miss the coffee counter by Coffee Surf Co. on the Gee Gee’s outdoor patio.
  • Enjoy a classic Reuben sandwich and other menu items at Leggetts Sand Bar.

Transportation

  • Use NJ Transit services from Penn Station in NYC, Newark, and Newark Airport to get to Manasquan. Rent a car from Enterprise Car Rental in town if needed.

Accommodation

  • For short-term stays, recommend the Nathaniel Morris Inn, a B&B located near downtown.

Seasonal Activities

  • Take advantage of summer events like concerts, yoga, and fireworks. In the winter, enjoy indoor activities like darts at Leggetts Sand Bar.

Local History

  • Share the rich history of Manasquan, including its name origins from the Lenape Native American language and its formation as a borough in 1887.

By providing these local attractions and insider tips, your Airbnb guests will have a comprehensive guide to enjoying all that Manasquan, New Jersey, has to offer.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Manasquan, New Jersey

To ensure the success and smooth operation of a short-term rental business in Manasquan, New Jersey, several key practices should be implemented.

Noise Regulations and Guest Communication

Manasquan, being a resort community, has specific regulations to maintain peace and tranquility, especially during seasonal rentals. It is crucial to inform guests about quiet hours and noise regulations to avoid disturbances and potential violations. Including this information in both digital and physical house manuals will help set clear expectations and prevent issues.

Comprehensive House Manual

Create a detailed house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should be available both digitally and in physical form to cater to different guest preferences. It should cover all aspects of the property, including appliance usage, trash disposal, and emergency contact information.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. This not only enhances guest convenience but also reduces the risk of lost keys. Additionally, provide clear parking instructions accompanied by photos to help guests navigate the property easily.

Maintenance and Compliance

Ensure compliance with local regulations, such as obtaining the necessary rental permits and adhering to the Borough of Manasquan's rental property ordinances. Regular inspections and maintenance are vital to keep the property in good condition, which can be facilitated by hiring a reliable property management company.

By implementing these practical tips, you can enhance the guest experience, minimize potential issues, and maintain a successful and compliant short-term rental business in Manasquan, New Jersey.

Local Vendors

Here is a brief list of house cleaning providers in Manasquan, New Jersey:

House Cleaning Services

Maid at the Beach Cleaning Services

  • Serves residential and commercial clients in the Jersey Shore area, including Manasquan.
  • Offers regular cleanings, special projects, and uses environmentally friendly products.

Merry Maids of Monmouth and Ocean County

  • Provides house cleaning, apartment cleaning, housekeeping, move in/out cleaning, green cleaning, and more in Monmouth and Ocean Counties, including Manasquan.
  • Backed by 40 years of experience and uses advanced cleaning systems.

MaidPro Manasquan

  • Offers a full range of house cleaning services using a 49-Point Checklist™ to ensure thorough cleaning.
  • Services include kitchens, bathrooms, and other areas of the home.

Additional Resources

For more options and reviews, you can also check:- Care.com for local house cleaning services in Manasquan, starting at $19.00/hr.- Angie's List for top-rated house cleaners in Manasquan, NJ.

Management fees

Short-Term Rental Management Fees in Manasquan, New Jersey: A Comprehensive Overview

In Manasquan, New Jersey, the fees for managing short-term rental properties can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, which handle guest communication, marketing, and maintenance, tend to charge fees on the higher end of this spectrum, often between 20% to 30% of the revenue. In contrast, basic service packages may incur lower fees, usually around 10% to 15%. Additionally, property owners may need to pay extra for services such as cleaning, repairs, and interior design, which can add to the overall cost. Understanding these fee structures is crucial for optimizing the profitability and efficiency of short-term rental investments in Manasquan.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Manasquan should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Manasquan.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for New Jersey