ZIP 07108 — Business Opportunities

Top business opportunities in 07108

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

1. 1. Convenience Stores 100/100
   ~9.4 businesses underserved · confidence: medium
2. 2. Laundromats 100/100
   ~3.9 businesses underserved · confidence: medium
3. 3. Prep School 84/100
   ~3.5 businesses underserved · confidence: medium
4. 4. Dancing School 84/100
   ~3.9 businesses underserved · confidence: medium
5. 5. Music School 84/100
   ~3.9 businesses underserved · confidence: medium
6. 6. Toys & Games 81/100
   ~2.4 businesses underserved · confidence: low
7. 7. Childcare 68/100
   ~3.5 businesses underserved · confidence: medium
8. 8. Driving School 55/100
   ~1.2 businesses underserved · confidence: low
9. 9. Bars & Nightlife 35/100
   ~3.4 businesses underserved · confidence: medium
10. 10. Doityourself 33/100
    ~1.7 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 07108.

• Religious — 23 businesses
• Schools — 8 businesses
• Park — 6 businesses
• Fire Station — 3 businesses
• Restaurants — 2 businesses
• Variety Store — 2 businesses
• Libraries — 2 businesses
• Auto Repair — 1 businesses
• Grocery & Supermarkets — 1 businesses
• Grave Yard — 1 businesses
• Social Facility — 1 businesses
• Doityourself — 0 businesses
• Prison — 0 businesses
• Garden — 0 businesses
• Nature Reserve — 0 businesses

Full demographic profile

Population	27,830
Households	11,130
Median household income	$32,739
Per capita income	$21,730
Median age	31.7
% bachelor's degree or higher	17.467%
% age 18–34	20.226%
% age 65+	7.097%
% renter-occupied	73.319%
Median home value	$298,200
Median gross rent	$1,055
Unemployment rate	12.58%

Nearby ZIPs in NJ

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