RemodCost
Showing results for ZIP 08078 (NJ)
Home ZIP 08066

Remodelers Market: ZIP 08066

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 08066 is an urban area with moderate foot traffic. with a population of 7,412 and household incomes near the national median ($62,412).

Area Profile

7,412
Population
$62,412
Median Income
-16% vs. national
Urban
Area Type
12.1/20
Foot Traffic
Walkable
Median Age: 40.2 — older demographic, may prefer sit-down options.
College-Educated: 15.3% — value-focused market, keep prices competitive.

Operating Costs

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

$1,470
2BR Fair Market Rent
$1,092
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$130 K 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.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Bank Branches
1

vs. National Average

Median Income
-16% vs. $74,580
Walkability
+1.6 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

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