New Car Dealers Market: ZIP 08027
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08027 is an urban area. with a population of 4,942 and household incomes above the national median ($90,508).
Area Profile
4,942
Population
$90,508
Median Income
+21% vs. national
Urban
Area Type
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 21.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,810
2BR Fair Market Rent
$1,295
Median Gross Rent
$230 K
Median Home Value
1
Bank Branches
$77 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
- Bank Branches
- 1
vs. National Average
Median Income
+21% vs. $74,580
Nearby Markets
19029
2.4 mi
Pop: 3,970
$49,966
Walk: 14.5
19113
3.3 mi
Pop: 0
19022
3.6 mi
Pop: 3,882
$45,372
Walk: 15.0
19078
3.6 mi
Pop: 11,742
$93,456
Walk: 14.2
19074
4.0 mi
Pop: 5,915
$89,135
Walk: 12.1
08056
4.1 mi
Pop: 5,164
$148,409
19076
4.1 mi
Pop: 6,411
$65,238
Walk: 15.0
08066
4.2 mi
Pop: 7,412
$62,412
Walk: 12.1
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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