Franchise Businesses Market: ZIP 08074
Opportunity Score
22
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08074 is an urban area with low foot traffic.
Area Profile
0
Population
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,720
2BR Fair Market Rent
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Walkability
-2.0 pts vs. national avg
Nearby Markets
08071
2.3 mi
Pop: 9,407
$97,222
Walk: 14.1
08028
3.1 mi
Pop: 24,806
$81,993
Walk: 11.4
08062
3.9 mi
Pop: 17,969
$159,386
Walk: 7.4
08080
4.0 mi
Pop: 39,360
$119,919
Walk: 9.8
08051
4.8 mi
Pop: 12,156
$97,452
08343
5.5 mi
Pop: 4,438
$143,561
Walk: 5.1
08090
5.7 mi
Pop: 9,574
$114,742
Walk: 12.2
08061
6.4 mi
Pop: 4,411
$157,222
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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