Jersey City to Potentially Legalize Airbnb

On Monday, Mayor Steven M. Fulop will introduce legislation to legalize the use of all short-term sleepover web services, like Airbnb and HomeAway. The law is expected to be approved by November.

In exchange for agreeing to let some of Jersey City’s 262,000 residents rent out a couch, a bedroom or even their entire apartment or house on Airbnb, the company would charge users the same 6 percent hospitality tax currently levied on guests at the city’s dozen hotels.

Mr. Fulop anticipates the tax would generate between $600,000 and $1 million annually on the more than 300 Airbnb listings in the city. That would be added to the roughly $6 million the city makes on its hotel rooms each year.

Kudos Mr. Fulop for recognizing the benefit to homeowners, visitors and city coffers. Hopefully this is just the start for other major cities to evaluate similar legislation.