New Car Dealers Market: ZIP 07026
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07026 is an urban area with moderate foot traffic. with a population of 32,502 and household incomes above the national median ($75,701).
Area Profile
32,502
Population
$75,701
Median Income
+2% vs. national
Urban
Area Type
14.9/20
Foot Traffic
Very Car-Dependent
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 17.2% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 07026.
6
Used Car Dealers
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$1,612
Median Gross Rent
$450 K
Median Home Value
6
Bank Branches
$910 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 6
- Bank Branches
- 6
vs. National Average
Median Income
+2% vs. $74,580
Walkability
+4.4 pts vs. national avg
Nearby Markets
07057
1.8 mi
Pop: 11,825
$82,422
Walk: 15.3
07644
1.8 mi
Pop: 25,946
$84,570
Walk: 14.4
07663
1.9 mi
Pop: 14,349
$125,935
Walk: 14.8
07407
1.9 mi
Pop: 21,287
$100,852
Walk: 14.3
07055
2.1 mi
Pop: 69,651
$56,780
Walk: 14.9
07011
2.4 mi
Pop: 38,817
$73,589
Walk: 15.5
07075
2.5 mi
Pop: 10,094
$131,412
07604
2.7 mi
Pop: 12,067
$118,670
Walk: 14.8
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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