RemodCost
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Home ZIP 07728

Remodelers Market: ZIP 07728

Opportunity Score
81 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 07728 is an urban area with moderate foot traffic. with a population of 56,623 and household incomes well above the national median ($107,042). There are 40 remodelers operations in ZIP 07728.

Area Profile

56,623
Population
$107,042
Median Income
+44% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 41.7 — older demographic, may prefer sit-down options.
College-Educated: 31.4% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 07728.

40
Remodelers
Competitive — differentiation needed
7.1 per 10K residents
30
HVAC Contractors
5.3 per 10K residents
6
Roofing Contractors
1.1 per 10K residents
What this means: Remodelers are 52.6% of the relevant market in ZIP 07728 (40 vs. 36 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,240
2BR Fair Market Rent
$1,941
Median Gross Rent
$490 K
Median Home Value
25
Bank Branches
$3.9 M deposits

Tips for Starting a Home Remodeling Business in New Jersey

  • Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
  • Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
  • Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
  • Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.
  • The median income here is $107,042. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits