RemodCost
Showing results for ZIP 07825 (NJ)
Home ZIP 33316

Remodelers Market: ZIP 33316

Opportunity Score
67 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 33316 is an urban area with high foot traffic. with a population of 12,039 and household incomes above the national median ($89,200). There are 6 remodelers operations in ZIP 33316.

Area Profile

12,039
Population
$89,200
Median Income
+20% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 51.6 — older demographic, may prefer sit-down options.
College-Educated: 44.1% — strong appetite for artisan/specialty food.

Competition

Remodelers and related businesses in ZIP 33316.

6
Remodelers
Moderate — proven market
5.0 per 10K residents
11
HVAC Contractors
9.1 per 10K residents
What this means: Remodelers are 35.3% of the relevant market in ZIP 33316 (6 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,430
2BR Fair Market Rent
$2,047
Median Gross Rent
$790 K
Median Home Value
10
Bank Branches
$1.9 M deposits

Tips for Starting a Home Remodeling Business in Florida

  • 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
Very Walkable
Remodelers
6
Related Businesses
11
Bank Branches
10

vs. National Average

Median Income
+20% vs. $74,580
Walkability
+5.2 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