Remodelers Market: ZIP 08886
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08886 is an urban area with low foot traffic. with a population of 6,493 and household incomes well above the national median ($157,850).
Area Profile
6,493
Population
$157,850
Median Income
+112% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 33.7% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,220
2BR Fair Market Rent
$1,846
Median Gross Rent
$420 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.
- The median income here is $157,850. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+112% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
08804
2.8 mi
Pop: 3,066
$106,250
08865
3.5 mi
Pop: 31,078
$78,519
Walk: 10.8
08802
5.3 mi
Pop: 4,604
$131,012
08848
6.4 mi
Pop: 8,376
$129,509
Walk: 5.2
07882
7.8 mi
Pop: 14,918
$100,852
Walk: 7.6
18063
8.6 mi
Pop: 277
$61,964
Walk: 3.7
18042
9.2 mi
Pop: 44,797
$75,806
Walk: 15.5
08827
9.2 mi
Pop: 4,139
$128,589
Walk: 6.8
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