New Car Dealers Market: ZIP 08872
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08872 is an urban area with moderate foot traffic. with a population of 20,040 and household incomes above the national median ($97,204).
Area Profile
20,040
Population
$97,204
Median Income
+30% vs. national
Urban
Area Type
10.5/20
Foot Traffic
Walkable
Median Age: 39.2 —
mixed-age market, broad menu appeal.
College-Educated: 25.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,050
2BR Fair Market Rent
$1,594
Median Gross Rent
$400 K
Median Home Value
3
Bank Branches
$270 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
- Foot Traffic
- Walkable
- Bank Branches
- 3
vs. National Average
Median Income
+30% vs. $74,580
Walkability
+0.0 pts vs. national avg
Nearby Markets
08882
2.0 mi
Pop: 16,007
$101,853
Walk: 12.5
08859
3.3 mi
Pop: 24,284
$96,593
Walk: 12.9
08837
4.1 mi
Pop: 19,954
$107,948
Walk: 13.4
08832
4.5 mi
Pop: 2,793
$65,948
08857
4.6 mi
Pop: 40,409
$101,192
Walk: 11.5
08816
4.8 mi
Pop: 48,965
$141,731
Walk: 10.9
08817
5.0 mi
Pop: 47,924
$109,734
Walk: 12.4
08884
5.1 mi
Pop: 8,133
$101,125
Walk: 10.8
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