Remodelers Market: ZIP 07024
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07024 is an urban area with high foot traffic. with a population of 39,785 and household incomes well above the national median ($105,594). There are 20 remodelers operations in ZIP 07024.
Area Profile
39,785
Population
$105,594
Median Income
+42% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 47.2 —
older demographic, may prefer sit-down options.
College-Educated: 50.5% —
strong appetite for artisan/specialty food.
Competition
Remodelers and related businesses in ZIP 07024.
20
Remodelers
Moderate — proven market
5.0 per 10K residents
8
HVAC Contractors
2.0 per 10K residents
What this means:
Remodelers are 71.4% of the relevant market in ZIP 07024 (20 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,820
2BR Fair Market Rent
$2,257
Median Gross Rent
$420 K
Median Home Value
26
Bank Branches
$5.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Remodelers
- 20
- Related Businesses
- 8
- Bank Branches
- 26
vs. National Average
Median Income
+42% vs. $74,580
Walkability
+5.2 pts vs. national avg
Nearby Markets
07605
1.5 mi
Pop: 9,333
$115,476
Walk: 15.2
07650
1.8 mi
Pop: 20,192
$101,295
Walk: 15.1
07020
1.8 mi
Pop: 14,544
$137,847
Walk: 15.1
10032
2.1 mi
Pop: 55,579
$56,588
Walk: 13.6
07010
2.3 mi
Pop: 25,580
$94,960
Walk: 14.5
10031
2.3 mi
Pop: 60,305
$65,067
Walk: 13.3
10033
2.5 mi
Pop: 53,611
$75,585
Walk: 14.0
07631
2.8 mi
Pop: 29,342
$101,398
Walk: 12.3
Check Another Market
Or estimate costs with the RemodCost 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