ZIP 07023 — Business Opportunities

Top business opportunities in 07023

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

1. 1. Jewelry & Accessories 100/100
   ~1.0 businesses underserved · confidence: medium
2. 2. Furniture & Home Decor 86/100
   ~0.9 businesses underserved · confidence: medium
3. 3. Childcare 85/100
   ~1.0 businesses underserved · confidence: medium
4. 4. Electronics 80/100
   ~0.9 businesses underserved · confidence: medium
5. 5. Electronics Repair 80/100
   ~0.9 businesses underserved · confidence: medium
6. 6. Veterinary 74/100
   ~0.8 businesses underserved · confidence: medium
7. 7. Dancing School 58/100
   ~0.7 businesses underserved · confidence: medium
8. 8. Music School 58/100
   ~0.7 businesses underserved · confidence: medium
9. 9. Toys & Games 56/100
   ~0.5 businesses underserved · confidence: low
10. 10. Cafes & Coffee Shops 51/100
    ~1.1 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 07023.

• Park — 10 businesses
• Religious — 8 businesses
• Restaurants — 8 businesses
• Schools — 8 businesses
• Hair Salons — 4 businesses
• Gas Stations — 4 businesses
• Banking & Finance — 4 businesses
• Beauty & Nail Salons — 3 businesses
• Libraries — 3 businesses
• Townhall — 2 businesses
• Shelter — 2 businesses
• Government Services — 2 businesses
• Fast Food — 2 businesses
• Auto Repair — 2 businesses
• Golf Course — 1 businesses

Full demographic profile

Population	7,723
Households	2,808
Median household income	$177,727
Per capita income	$73,487
Median age	43.6
% bachelor's degree or higher	72.007%
% age 18–34	12.676%
% age 65+	12.43%
% renter-occupied	13.177%
Median home value	$588,100
Median gross rent	$2,254
Unemployment rate	4.736%

Nearby ZIPs in NJ

07026 Garfield · 07030 Hoboken · 07031 North Arlington · 07032 Kearny · 07014 Clifton · 07033 Kenilworth