Remodelers Market: ZIP 07423
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07423 is an urban area with moderate foot traffic. with a population of 4,230 and household incomes well above the national median ($250,001). There are 4 remodelers operations in ZIP 07423.
Area Profile
4,230
Population
$250,001
Median Income
+235% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 50.6% —
strong appetite for artisan/specialty food.
Competition
Remodelers and related businesses in ZIP 07423.
4
Remodelers
Low competition — room to establish
9.5 per 10K residents
5
HVAC Contractors
11.8 per 10K residents
What this means:
Remodelers are 44.4% of the relevant market in ZIP 07423 (4 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,110
2BR Fair Market Rent
$2,375
Median Gross Rent
$1 M
Median Home Value
1
Bank Branches
$79 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 4
- Related Businesses
- 5
- Bank Branches
- 1
vs. National Average
Median Income
+235% vs. $74,580
Walkability
+2.3 pts vs. national avg
Nearby Markets
07450
1.7 mi
Pop: 26,076
$217,250
Walk: 12.9
07463
2.2 mi
Pop: 10,090
$155,526
Walk: 13.6
07676
2.3 mi
Pop: 9,276
$168,922
Walk: 8.0
07677
3.1 mi
Pop: 6,097
$211,233
Walk: 8.7
07432
3.1 mi
Pop: 6,996
$140,063
07458
3.3 mi
Pop: 11,712
$244,155
Walk: 6.2
07401
3.4 mi
Pop: 6,820
$156,992
07452
3.4 mi
Pop: 12,082
$210,369
Walk: 13.2
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