New Car Dealers Market: ZIP 07013
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07013 is an urban area with moderate foot traffic. with a population of 29,419 and household incomes well above the national median ($119,291). There are 3 new car dealers operations in ZIP 07013.
Area Profile
29,419
Population
$119,291
Median Income
+60% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 46.4 —
older demographic, may prefer sit-down options.
College-Educated: 32.6% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 07013.
3
New Car Dealers
Low competition — room to establish
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,696
Median Gross Rent
$460 K
Median Home Value
8
Bank Branches
$1.5 M deposits
Tips for Starting a Ev Vs Gas Business in New Jersey
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
- The median income here is $119,291. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- New Car Dealers
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+60% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
07012
1.8 mi
Pop: 15,153
$100,341
Walk: 14.3
07011
2.2 mi
Pop: 38,817
$73,589
Walk: 15.5
07503
2.3 mi
Pop: 19,567
$60,295
Walk: 13.4
07424
2.4 mi
Pop: 27,475
$104,122
Walk: 13.4
07043
2.5 mi
Pop: 13,502
$250,001
Walk: 12.9
07501
2.9 mi
Pop: 35,321
$40,699
Walk: 14.7
07513
2.9 mi
Pop: 10,961
$64,320
Walk: 14.6
07055
3.1 mi
Pop: 69,651
$56,780
Walk: 14.9
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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