Franchise Businesses Market: ZIP 07731
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07731 is an urban area with low foot traffic. with a population of 39,924 and household incomes well above the national median ($130,064).
Area Profile
39,924
Population
$130,064
Median Income
+74% vs. national
Urban
Area Type
8.7/20
Foot Traffic
Car-Dependent
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 28.3% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 07731.
9
Business Consultants
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,390
2BR Fair Market Rent
$2,619
Median Gross Rent
$450 K
Median Home Value
11
Bank Branches
$1.3 M deposits
Tips for Starting a Franchise Business in New Jersey
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $130,064. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 11
vs. National Average
Median Income
+74% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
08701
5.0 mi
Pop: 136,784
$62,811
Walk: 9.6
07727
5.0 mi
Pop: 7,135
$131,125
Walk: 8.6
08720
5.4 mi
Pop: 774
$218,173
08724
7.4 mi
Pop: 41,573
$98,771
Walk: 8.6
07728
7.7 mi
Pop: 56,623
$107,042
Walk: 10.8
07719
9.1 mi
Pop: 22,138
$119,877
Walk: 14.2
08755
9.8 mi
Pop: 29,266
$81,077
Walk: 7.3
07722
9.9 mi
Pop: 9,977
$183,015
Walk: 7.4
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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