Remodelers Market: ZIP 08049
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08049 is an urban area with low foot traffic. with a population of 5,273 and household incomes above the national median ($94,567).
Area Profile
5,273
Population
$94,567
Median Income
+27% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 37.9 —
mixed-age market, broad menu appeal.
College-Educated: 24.4% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 08049.
4
HVAC Contractors
7.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$1,204
Median Gross Rent
$230 K
Median Home Value
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 4
vs. National Average
Median Income
+27% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
08083
1.1 mi
Pop: 9,626
$87,703
Walk: 11.8
08045
1.1 mi
Pop: 3,124
$70,338
Walk: 11.6
08007
1.3 mi
Pop: 5,460
$94,375
Walk: 13.4
08029
2.2 mi
Pop: 5,417
$95,038
Walk: 10.9
08084
2.4 mi
Pop: 6,965
$100,735
Walk: 12.7
08033
2.6 mi
Pop: 17,364
$143,661
Walk: 13.1
08035
2.6 mi
Pop: 7,530
$124,592
Walk: 13.6
08078
2.6 mi
Pop: 8,058
$97,857
Walk: 12.8
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