There are 129,878 second homes in New Jersey, far more than the 98,451 hotel rooms in the Garden State, according to Tourism Economics, a consulting company based in Philadelphia. Hotels produce $2.4 billion in revenue each year, while the market for second homes is about $3.8 billion. The state charges a tourism tax on hotel stays although it does not charge for short-term rentals of homes and condos.
The largest number of seasonal second homes is in Cape May County, with about 50,000 units. Following Cape May are Ocean County (44,000 units) and Atlantic County (16,763 units). Monmouth County has about 9,600 second homes and Sussex County has about 2,700 units. The rest are scattered across the state.