New Car Dealers Market: ZIP 07060
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07060 is an urban area with moderate foot traffic. with a population of 47,560 and household incomes near the national median ($72,882). There are 5 new car dealers operations in ZIP 07060.
Area Profile
47,560
Population
$72,882
Median Income
-2% vs. national
Urban
Area Type
14.0/20
Foot Traffic
Walkable
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 13.9% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 07060.
5
New Car Dealers
Low competition — room to establish
1.1 per 10K residents
7
Gas Stations
1.5 per 10K residents
What this means:
New Car Dealers are 41.7% of the relevant market in ZIP 07060 (5 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,629
Median Gross Rent
$370 K
Median Home Value
10
Bank Branches
$890 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- New Car Dealers
- 5
- Related Businesses
- 7
- Bank Branches
- 10
vs. National Average
Median Income
-2% vs. $74,580
Walkability
+3.5 pts vs. national avg
Nearby Markets
07062
1.6 mi
Pop: 15,018
$92,711
Walk: 12.9
07063
1.7 mi
Pop: 14,533
$89,840
Walk: 12.2
07069
2.1 mi
Pop: 6,545
$166,693
Walk: 7.9
07080
3.0 mi
Pop: 24,215
$126,161
Walk: 14.0
07023
3.0 mi
Pop: 7,714
$176,667
07076
3.6 mi
Pop: 24,667
$173,564
Walk: 5.6
07922
4.1 mi
Pop: 11,971
$179,006
Walk: 9.8
08812
4.1 mi
Pop: 14,177
$119,534
Walk: 13.6
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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