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SeaStreak, LLC

Atlantic Highlands, NJ · NTD ID 20226 · 2024 report year

Annual trips1.3 million #269 in the US
Operating expense$25.5 million 2024, as reported
Cost per rider$19.42 all modes combined
Farebox recovery107.6% fares ÷ operating cost

SeaStreak, LLC carries 1.3 million passenger trips a year on ferryboat service — making it the 269th-busiest transit operator in the United States. It is based in Atlantic Highlands, NJ.

It spends $25.5 million a year running that service, or $19.42 per trip. Its ferryboat service, the largest of its modes, costs $19.42 per rider — 0% above the $19.42 median for the 39 US agencies reporting ferryboat.

Over the 5 years reported, up 10% on 2023. Fares cover 108% of operating cost.

Service by mode, 2024

ModeAnnual tripsOperating expense Cost per ridervs national median FareboxVehicles
Ferryboat#11 of 39 nationally 1,310,972 $25.5 million $19.42 0% 108% 7

Ridership, 2020–2024

1.3 million 359,458 2024 2020
YearAnnual trips Operating expense (2024 $)Cost per rider (2024 $)
2024 1,310,972 $25.5 million $19.42
2023 1,192,351 $24.5 million $20.54
2022 750,392 $23.1 million $30.81
2021 425,793 $15.4 million $36.26
2020 359,458 $13.5 million $37.56

Where SeaStreak, LLC ranks

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Source & method. Figures are from the Federal Transit Administration's National Transit Database (NTD) annual reporting for 2024, the most recent published report year. Cost per rider is operating expense divided by unlinked passenger trips. Farebox recovery is fare revenue divided by operating expense. Ten-year trends are adjusted for inflation to 2024 dollars; single-year figures are as reported. Agencies self-report to the NTD, and reporting practice varies, so figures are best read as comparable in magnitude rather than to the cent.