Franchise Businesses Market: ZIP 08879
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08879 is an urban area with moderate foot traffic. with a population of 23,263 and household incomes above the national median ($98,000).
Area Profile
23,263
Population
$98,000
Median Income
+31% vs. national
Urban
Area Type
11.4/20
Foot Traffic
Walkable
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 23.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 08879.
5
Business Consultants
2.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,633
Median Gross Rent
$380 K
Median Home Value
4
Bank Branches
$530 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
- Walkable
- Related Businesses
- 5
- Bank Branches
- 4
vs. National Average
Median Income
+31% vs. $74,580
Walkability
+0.9 pts vs. national avg
Nearby Markets
08859
1.8 mi
Pop: 24,284
$96,593
Walk: 12.9
07721
3.6 mi
Pop: 4,445
$128,110
08861
3.8 mi
Pop: 58,264
$60,464
Walk: 14.6
10307
3.8 mi
Pop: 14,821
$138,807
07747
3.9 mi
Pop: 32,246
$124,896
Walk: 12.9
07735
4.0 mi
Pop: 19,203
$98,760
Walk: 13.2
08832
4.1 mi
Pop: 2,793
$65,948
08872
5.1 mi
Pop: 20,040
$97,204
Walk: 10.5
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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