ZIP 07107 — Business Opportunities

Top business opportunities in 07107

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

1. 1. Dancing School 100/100
   ~4.4 businesses underserved · confidence: high
2. 2. Prep School 100/100
   ~4.0 businesses underserved · confidence: high
3. 3. Music School 100/100
   ~4.4 businesses underserved · confidence: high
4. 4. Toys & Games 97/100
   ~2.7 businesses underserved · confidence: low
5. 5. Childcare 74/100
   ~3.7 businesses underserved · confidence: high
6. 6. Driving School 69/100
   ~1.3 businesses underserved · confidence: low
7. 7. Bars & Nightlife 65/100
   ~5.1 businesses underserved · confidence: high
8. 8. Shoemaker 63/100
   ~2.4 businesses underserved · confidence: high
9. 9. Collector 63/100
   ~2.4 businesses underserved · confidence: high
10. 10. Information 63/100
    ~3.8 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 07107.

• Restaurants — 19 businesses
• Religious — 16 businesses
• Schools — 11 businesses
• Park — 7 businesses
• Convenience Stores — 7 businesses
• Banking & Finance — 7 businesses
• Gas Stations — 6 businesses
• Fast Food — 6 businesses
• Hair Salons — 5 businesses
• Shelter — 5 businesses
• Government Services — 4 businesses
• Auto Repair — 4 businesses
• Other — 4 businesses
• Laundromats — 4 businesses
• Auto Sales — 3 businesses

Full demographic profile

Population	41,907
Households	15,112
Median household income	$46,916
Per capita income	$26,749
Median age	36.2
% bachelor's degree or higher	11.725%
% age 18–34	19.589%
% age 65+	9.046%
% renter-occupied	65.21%
Median home value	$317,400
Median gross rent	$1,239
Unemployment rate	10.457%

Nearby ZIPs in NJ

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