Franchise Businesses Market: ZIP 08093
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08093 is an urban area with high foot traffic. with a population of 9,224 and household incomes near the national median ($70,257).
Area Profile
9,224
Population
$70,257
Median Income
-6% vs. national
Urban
Area Type
15.3/20
Foot Traffic
Very Walkable
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 16.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,660
2BR Fair Market Rent
$1,230
Median Gross Rent
$190 K
Median Home Value
1
Bank Branches
$110 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-6% vs. $74,580
Walkability
+4.8 pts vs. national avg
Nearby Markets
08096
2.2 mi
Pop: 35,896
$89,483
Walk: 11.9
08030
2.2 mi
Pop: 13,185
$66,190
Walk: 14.6
08031
2.7 mi
Pop: 11,678
$74,812
Walk: 9.9
08059
3.2 mi
Pop: 5,616
$95,635
Walk: 14.0
19112
3.2 mi
Pop: 0
08097
3.5 mi
Pop: 3,207
$117,614
Walk: 13.1
19148
3.7 mi
Pop: 50,777
$80,469
Walk: 15.7
08086
3.7 mi
Pop: 8,534
$88,125
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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