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New Car Dealers Market: ZIP 07470

Opportunity Score
73 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 07470 is an urban area with moderate foot traffic. with a population of 54,131 and household incomes well above the national median ($151,561). There are 8 new car dealers operations in ZIP 07470.

Area Profile

54,131
Population
$151,561
Median Income
+103% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 41.7 — older demographic, may prefer sit-down options.
College-Educated: 38.4% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 07470.

8
New Car Dealers
Moderate — proven market
1.5 per 10K residents
9
Gas Stations
1.7 per 10K residents
What this means: New Car Dealers are 47.1% of the relevant market in ZIP 07470 (8 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,300
2BR Fair Market Rent
$2,126
Median Gross Rent
$600 K
Median Home Value
18
Bank Branches
$17 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
New Car Dealers
8
Related Businesses
9
Bank Branches
18

vs. National Average

Median Income
+103% vs. $74,580
Walkability
+1.4 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits