Franchise Businesses Market: ZIP 08246
Opportunity Score
18
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08246 is an urban area with low foot traffic.
Area Profile
53
Population
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
College-Educated: 49.1% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
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
-3.6 pts vs. national avg
Nearby Markets
08245
3.7 mi
Pop: 30
08230
4.3 mi
Pop: 5,998
$110,667
Walk: 8.1
08243
5.2 mi
Pop: 2,079
$98,860
Walk: 11.1
08210
5.8 mi
Pop: 17,278
$93,855
Walk: 7.9
08202
6.1 mi
Pop: 1,636
$142,500
Walk: 12.8
08270
6.3 mi
Pop: 8,239
$95,033
Walk: 8.6
08248
7.5 mi
Pop: 134
$106,840
08247
9.2 mi
Pop: 936
$133,929
Walk: 17.3
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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