Franchise Businesses Market: ZIP 08861
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08861 is an urban area with moderate foot traffic. with a population of 58,264 and household incomes near the national median ($60,464).
Area Profile
58,264
Population
$60,464
Median Income
-19% vs. national
Urban
Area Type
14.6/20
Foot Traffic
Very Car-Dependent
Median Age: 37.3 —
mixed-age market, broad menu appeal.
College-Educated: 10.4% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 08861.
3
Business Consultants
0.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,623
Median Gross Rent
$340 K
Median Home Value
11
Bank Branches
$1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 11
vs. National Average
Median Income
-19% vs. $74,580
Walkability
+4.1 pts vs. national avg
Nearby Markets
10307
2.3 mi
Pop: 14,821
$138,807
07095
2.4 mi
Pop: 20,086
$99,718
Walk: 14.0
07077
2.7 mi
Pop: 3,196
$106,926
08863
2.9 mi
Pop: 13,052
$116,250
Walk: 14.1
08832
3.2 mi
Pop: 2,793
$65,948
10309
3.7 mi
Pop: 34,918
$123,638
Walk: 12.2
08879
3.8 mi
Pop: 23,263
$98,000
Walk: 11.4
07064
3.8 mi
Pop: 3,742
$143,194
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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