New Car Dealers Market: ZIP 07701
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07701 is an urban area with moderate foot traffic. with a population of 24,544 and household incomes well above the national median ($113,630). There are 4 new car dealers operations in ZIP 07701.
Area Profile
24,544
Population
$113,630
Median Income
+52% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 39.6% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 07701.
4
New Car Dealers
Low competition — room to establish
1.6 per 10K residents
3
Gas Stations
1.2 per 10K residents
What this means:
New Car Dealers are 57.1% of the relevant market in ZIP 07701 (4 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,360
2BR Fair Market Rent
$1,971
Median Gross Rent
$550 K
Median Home Value
12
Bank Branches
$4.2 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- New Car Dealers
- 4
- Related Businesses
- 3
- Bank Branches
- 12
vs. National Average
Median Income
+52% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
07702
2.8 mi
Pop: 4,162
$144,500
07704
2.8 mi
Pop: 6,182
$237,132
Walk: 13.0
07737
3.4 mi
Pop: 4,158
$134,818
Walk: 12.9
07739
3.5 mi
Pop: 6,096
$220,746
Walk: 10.8
07748
3.5 mi
Pop: 28,288
$152,488
Walk: 11.6
07703
3.9 mi
Pop: 0
07738
4.1 mi
Pop: 6,901
$168,945
Walk: 8.6
07718
4.1 mi
Pop: 7,057
$139,313
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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