ZIP 07005 — Business Opportunities

Top business opportunities in 07005

The highest-scored business categories to consider opening in Boonton, NJ, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Childcare 100/100
   ~1.5 businesses underserved · confidence: high
2. 2. Music School 92/100
   ~1.4 businesses underserved · confidence: high
3. 3. Prep School 92/100
   ~1.3 businesses underserved · confidence: high
4. 4. Dancing School 92/100
   ~1.4 businesses underserved · confidence: high
5. 5. Bicycle Parking 92/100
   ~1.9 businesses underserved · confidence: high
6. 6. Toys & Games 89/100
   ~0.8 businesses underserved · confidence: low
7. 7. Auto Parts 79/100
   ~1.2 businesses underserved · confidence: high
8. 8. Electronics 78/100
   ~1.2 businesses underserved · confidence: high
9. 9. Electronics Repair 78/100
   ~1.2 businesses underserved · confidence: high
10. 10. Furniture & Home Decor 77/100
    ~1.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 07005.

• Restaurants — 20 businesses
• Religious — 11 businesses
• Park — 6 businesses
• Schools — 6 businesses
• Gas Stations — 5 businesses
• Parking — 5 businesses
• Cafes & Coffee Shops — 4 businesses
• Specialty Food — 4 businesses
• Banking & Finance — 3 businesses
• Fast Food — 3 businesses
• Auto Repair — 3 businesses
• Playground — 3 businesses
• Fitness Centre — 3 businesses
• Post Box — 3 businesses
• Hair Salons — 3 businesses

Full demographic profile

Population	15,106
Households	5,589
Median household income	$120,783
Per capita income	$59,223
Median age	42.5
% bachelor's degree or higher	52.917%
% age 18–34	14.968%
% age 65+	12.598%
% renter-occupied	28.526%
Median home value	$552,300
Median gross rent	$1,699
Unemployment rate	4.362%

Nearby ZIPs in NJ

07006 Caldwell · 07002 Bayonne · 07008 Carteret · 07001 Avenel · 07009 Cedar Grove · 07010 Cliffside Park