Franchise Businesses Market: ZIP 07424
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07424 is an urban area with moderate foot traffic. with a population of 27,475 and household incomes well above the national median ($104,122).
Area Profile
27,475
Population
$104,122
Median Income
+40% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 44.0 —
older demographic, may prefer sit-down options.
College-Educated: 29.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,040
2BR Fair Market Rent
$1,771
Median Gross Rent
$480 K
Median Home Value
8
Bank Branches
$2.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 8
vs. National Average
Median Income
+40% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
07512
1.7 mi
Pop: 10,919
$114,177
Walk: 14.0
07009
2.4 mi
Pop: 13,317
$153,654
Walk: 12.9
07013
2.4 mi
Pop: 29,419
$119,291
Walk: 14.8
07043
2.6 mi
Pop: 13,502
$250,001
Walk: 12.9
07502
2.7 mi
Pop: 17,488
$68,649
07501
3.2 mi
Pop: 35,321
$40,699
Walk: 14.7
07505
3.3 mi
Pop: 4,617
$33,311
Walk: 16.0
07522
3.4 mi
Pop: 22,599
$48,002
Walk: 13.6
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits