Atlantic City, NJ Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,732
Monthly Cash Flow
-$146
Principal + Equity
$1,730
Annual Total Gain
$19,008
Cash on Cash
-3.18%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Most Diverse Places to Live in New Jersey
#10out of 639 markets
Best Places for Young Professionals in New Jersey
#371out of 639 markets
C
Public School
D-
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Atlantic City, NJ.
Before investing in a property in Atlantic City, NJ for short term rental purposes, an investor should be aware of the following regulations:
1. Licensing and Permitting: In Atlantic City, property owners must obtain a Short Term Rental (STR) license from the city in order to legally rent out their property on a short term basis. This license must be renewed annually and there are specific requirements that must be met in order to obtain it.
2. Zoning Regulations: Atlantic City has specific zoning regulations that dictate where short term rentals are allowed to operate. It is important for investors to ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
3. Occupancy Limits: There are occupancy limits in place for short term rentals in Atlantic City, which dictate the maximum number of guests that can stay in a property at any given time. Investors should be aware of these limits and ensure that they are adhered to.
4. Taxation: Property owners who rent out their property on a short term basis in Atlantic City are required to collect and remit occupancy taxes to the city. Investors should be aware of these tax obligations and factor them into their financial planning.
5. Noise and Nuisance Regulations: Atlantic City has noise and nuisance regulations in place that property owners must adhere to when renting out their property on a short term basis. Investors should be aware of these regulations and ensure that their guests are respectful of the surrounding community.
By being aware of and complying with these regulations, investors can ensure that their short term rental property in Atlantic City operates legally and successfully.
Market Trends Over Time
Explore 25 years of market data for Atlantic City, NJ, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Atlantic City, NJ.
The LTR Genie Score of Atlantic City, NJ is 73 and STR Genie Score is 70, indicating a moderate to high potential for both long-term and short-term rental investments in the area. The LTR Rentability being low may be attributed to the stagnant LTR Rent Growth Rate of 0.0%, while the STR Net ROI of 43.65% suggests a higher return on investment for short-term rentals. The 1-Year Price Appreciation Forecast of 5.6% indicates potential growth in property values.
Atlantic City, NJ is a popular tourist destination known for its casinos, beaches, and entertainment options. The city's STR Occupancy rate of 37.93 and STR Revenue of 2531 reflect the demand for short-term rentals in the area, making it a potentially lucrative market for investors looking to capitalize on the tourism industry.
Based on the metrics provided, Atlantic City, NJ appears to be a favorable market for short-term rental investments due to the high STR Net ROI and demand for vacation rentals. However, the moderate LTR Genie Score suggests that long-term rental investments may also be viable in the area. Investors may consider diversifying their portfolio by exploring opportunities in both long-term and short-term rentals in Atlantic City.
LTR Genie Score 93
$83,000
🛏 3 Beds🛁 3.0000 Baths🏙 1,600 sqft.🏠 SINGLE FAMILY