ZIP 07416 — Business Opportunities

Top business opportunities in 07416

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

1. 1. Parking 100/100
   ~1.7 businesses underserved · confidence: medium
2. 2. Bicycle Parking 100/100
   ~0.8 businesses underserved · confidence: medium
3. 3. Auto Sales 86/100
   ~0.8 businesses underserved · confidence: medium
4. 4. Pharmacies 83/100
   ~0.6 businesses underserved · confidence: medium
5. 5. Medical & Healthcare 78/100
   ~0.5 businesses underserved · confidence: medium
6. 6. Hospitals 77/100
   ~0.3 businesses underserved · confidence: medium
7. 7. Laundromats 74/100
   ~0.4 businesses underserved · confidence: medium
8. 8. Dental 67/100
   ~0.7 businesses underserved · confidence: medium
9. 9. Doityourself 62/100
   ~0.3 businesses underserved · confidence: medium
10. 10. Park 62/100
    ~1.5 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 07416.

• Fast Food — 5 businesses
• Religious — 3 businesses
• Schools — 3 businesses
• Gas Stations — 2 businesses
• Banking & Finance — 2 businesses
• Golf Course — 2 businesses
• Grocery & Supermarkets — 2 businesses
• Museum — 2 businesses
• Convenience Stores — 1 businesses
• Variety Store — 1 businesses
• Auto Repair — 1 businesses
• Auto Parts — 1 businesses
• Chemist — 1 businesses
• Libraries — 1 businesses
• Post Box — 1 businesses

Full demographic profile

Population	5,736
Households	2,576
Median household income	$88,557
Per capita income	$44,397
Median age	49.2
% bachelor's degree or higher	21.411%
% age 18–34	15.324%
% age 65+	18.619%
% renter-occupied	33.428%
Median home value	$236,400
Median gross rent	$1,136
Unemployment rate	6.604%

Nearby ZIPs in NJ

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