ZIP 07103 — Business Opportunities

Top business opportunities in 07103

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

1. 1. Laundromats 100/100
   ~4.9 businesses underserved · confidence: medium
2. 2. Bars & Nightlife 63/100
   ~6.3 businesses underserved · confidence: medium
3. 3. Prep School 56/100
   ~3.5 businesses underserved · confidence: medium
4. 4. Dancing School 56/100
   ~3.9 businesses underserved · confidence: medium
5. 5. Music School 56/100
   ~3.9 businesses underserved · confidence: medium
6. 6. Toys & Games 55/100
   ~2.4 businesses underserved · confidence: low
7. 7. Convenience Stores 43/100
   ~9.7 businesses underserved · confidence: medium
8. 8. Driving School 39/100
   ~1.2 businesses underserved · confidence: low
9. 9. Cafes & Coffee Shops 35/100
   ~3.9 businesses underserved · confidence: medium
10. 10. Childcare 34/100
    ~2.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 07103.

• Schools — 22 businesses
• Religious — 19 businesses
• Fast Food — 11 businesses
• Restaurants — 3 businesses
• Variety Store — 3 businesses
• Park — 2 businesses
• Convenience Stores — 2 businesses
• Fire Station — 2 businesses
• Libraries — 2 businesses
• Mobile Phone — 2 businesses
• Doityourself — 1 businesses
• Gas Stations — 1 businesses
• Playground — 1 businesses
• Chemist — 1 businesses
• Parking — 1 businesses

Full demographic profile

Population	35,318
Households	12,793
Median household income	$40,653
Per capita income	$21,850
Median age	31.7
% bachelor's degree or higher	21.667%
% age 18–34	25.282%
% age 65+	7.073%
% renter-occupied	70.344%
Median home value	$238,900
Median gross rent	$1,216
Unemployment rate	10.871%

Nearby ZIPs in NJ

07095 Woodbridge · 07079 South Orange · 07078 Short Hills · 07069 Watchung · 07068 Roseland · 07067 Colonia