Franchise Businesses Market: ZIP 07747
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07747 is an urban area with moderate foot traffic. with a population of 32,246 and household incomes well above the national median ($124,896).
Area Profile
32,246
Population
$124,896
Median Income
+67% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 37.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 07747.
17
Business Consultants
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,340
2BR Fair Market Rent
$1,840
Median Gross Rent
$460 K
Median Home Value
14
Bank Branches
$1.8 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 $124,896. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 17
- Bank Branches
- 14
vs. National Average
Median Income
+67% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
07721
2.1 mi
Pop: 4,445
$128,110
07735
3.5 mi
Pop: 19,203
$98,760
Walk: 13.2
07751
3.7 mi
Pop: 21,431
$172,576
Walk: 9.3
08879
3.9 mi
Pop: 23,263
$98,000
Walk: 11.4
08859
4.4 mi
Pop: 24,284
$96,593
Walk: 12.9
08857
5.2 mi
Pop: 40,409
$101,192
Walk: 11.5
07730
5.8 mi
Pop: 17,193
$122,276
Walk: 10.9
07746
6.2 mi
Pop: 18,137
$186,885
Walk: 8.0
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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