New Car Dealers Market: ZIP 08828
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08828 is an urban area with low foot traffic. with a population of 2,317 and household incomes well above the national median ($104,143).
Area Profile
2,317
Population
$104,143
Median Income
+40% vs. national
Urban
Area Type
6.6/20
Foot Traffic
Car-Dependent
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 33.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,310
2BR Fair Market Rent
$2,081
Median Gross Rent
$320 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 $104,143. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+40% vs. $74,580
Walkability
-3.9 pts vs. national avg
Nearby Markets
08884
2.4 mi
Pop: 8,133
$101,125
Walk: 10.8
08831
3.1 mi
Pop: 54,608
$108,741
Walk: 8.6
08816
3.5 mi
Pop: 48,965
$141,731
Walk: 10.9
08810
4.7 mi
Pop: 8,241
$141,308
08850
5.0 mi
Pop: 8,442
$127,331
Walk: 13.7
08882
5.6 mi
Pop: 16,007
$101,853
Walk: 12.5
08902
6.4 mi
Pop: 43,146
$117,671
Walk: 9.8
08857
6.5 mi
Pop: 40,409
$101,192
Walk: 11.5
Check Another Market
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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