Franchise Businesses Market: ZIP 08880
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08880 is an urban area with low foot traffic. with a population of 4,833 and household incomes well above the national median ($102,019).
Area Profile
4,833
Population
$102,019
Median Income
+37% vs. national
Urban
Area Type
9.3/20
Foot Traffic
Very Car-Dependent
Median Age: 35.4 —
mixed-age market, broad menu appeal.
College-Educated: 16.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,090
2BR Fair Market Rent
$1,822
Median Gross Rent
$350 K
Median Home Value
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.
- The median income here is $102,019. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+37% vs. $74,580
Walkability
-1.2 pts vs. national avg
Nearby Markets
08805
1.3 mi
Pop: 14,153
$84,201
Walk: 14.4
08846
2.5 mi
Pop: 14,518
$107,063
Walk: 13.7
08890
3.5 mi
Pop: 38
Walk: 8.5
08836
3.6 mi
Pop: 4,326
$237,935
Walk: 7.1
08873
3.8 mi
Pop: 55,862
$117,866
Walk: 8.1
08835
4.3 mi
Pop: 10,870
$93,872
Walk: 9.6
08812
4.6 mi
Pop: 14,177
$119,534
Walk: 13.6
08854
4.6 mi
Pop: 60,405
$126,331
Walk: 8.9
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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