Remodelers Market: ZIP 07062
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07062 is an urban area with moderate foot traffic. with a population of 15,018 and household incomes above the national median ($92,711). There are 9 remodelers operations in ZIP 07062.
Area Profile
15,018
Population
$92,711
Median Income
+24% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 20.1% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 07062.
9
Remodelers
Moderate — proven market
6.0 per 10K residents
4
HVAC Contractors
2.7 per 10K residents
What this means:
Remodelers are 69.2% of the relevant market in ZIP 07062 (9 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,170
2BR Fair Market Rent
$1,794
Median Gross Rent
$370 K
Median Home Value
1
Bank Branches
$50 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 9
- Related Businesses
- 4
- Bank Branches
- 1
vs. National Average
Median Income
+24% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
07023
1.4 mi
Pop: 7,714
$176,667
07060
1.6 mi
Pop: 47,560
$72,882
Walk: 14.0
07076
2.1 mi
Pop: 24,667
$173,564
Walk: 5.6
07069
2.4 mi
Pop: 6,545
$166,693
Walk: 7.9
07063
3.3 mi
Pop: 14,533
$89,840
Walk: 12.2
07922
3.5 mi
Pop: 11,971
$179,006
Walk: 9.8
07080
4.0 mi
Pop: 24,215
$126,161
Walk: 14.0
07090
4.4 mi
Pop: 30,760
$212,700
Walk: 11.8
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