New Car Dealers Market: ZIP 08732
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08732 is an urban area. with a population of 1,552 and household incomes well above the national median ($107,837).
Area Profile
1,552
Population
$107,837
Median Income
+45% vs. national
Urban
Area Type
Median Age: 53.9 —
older demographic, may prefer sit-down options.
College-Educated: 41.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,000
2BR Fair Market Rent
$2,036
Median Gross Rent
$500 K
Median Home Value
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.
- The median income here is $107,837. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+45% vs. $74,580
Nearby Markets
08740
1.4 mi
Pop: 1,768
$75,278
Walk: 9.1
08741
1.7 mi
Pop: 2,769
$140,034
Walk: 10.1
08753
2.7 mi
Pop: 64,788
$101,648
Walk: 9.5
08721
3.7 mi
Pop: 22,464
$104,361
Walk: 8.1
08722
4.1 mi
Pop: 11,002
$102,043
Walk: 10.0
08751
4.5 mi
Pop: 3,625
$75,000
Walk: 8.8
08734
5.7 mi
Pop: 8,028
$121,033
Walk: 9.4
08735
5.9 mi
Pop: 3,435
$85,265
Walk: 6.9
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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