Airbnb was very good for the bottom line of home owners in South Jersey last year.

New Jersey home owners earned more than $175 million by renting their properties through Airbnb in 2019, with those renting in Cape May and Atlantic counties earning the second and third most income in the state.

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According to the annual report of earnings released by the hospitality company on Wednesday, renters in Cape May County welcomed 178,900 guests with rental income of $33.99 million, second-most in the state.

Atlantic County Airbnb users rented to the state's 3rd most guests, 90,700, with income of $12.3 million.  Ocean County ranked 4th highest for Airbnb use in New Jersey in 2019, with 53,00 guests and $11.8 million in rental income.

Hudson County brought in New Jersey's biggest numbers in 2019 with renters collecting $75M in income. Salem County brought in the least with $200,000 in income, according to the company.

The company also collected and paid to the state nearly $21 million in taxes in 2019, which is the first full year since a new law extending state-administered and local occupancy taxes to short-term rentals went into effect, the company said.

Source: NJ.com

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