ZIP 07503 — Business Opportunities

Top business opportunities in 07503

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

1. 1. Laundromats 100/100
   ~2.7 businesses underserved · confidence: high
2. 2. Convenience Stores 66/100
   ~4.5 businesses underserved · confidence: high
3. 3. Dancing School 50/100
   ~2.0 businesses underserved · confidence: high
4. 4. Music School 50/100
   ~2.0 businesses underserved · confidence: high
5. 5. Prep School 50/100
   ~1.8 businesses underserved · confidence: high
6. 6. Bars & Nightlife 49/100
   ~3.0 businesses underserved · confidence: high
7. 7. Toys & Games 48/100
   ~1.2 businesses underserved · confidence: low
8. 8. Childcare 39/100
   ~1.8 businesses underserved · confidence: high
9. 9. Driving School 35/100
   ~0.6 businesses underserved · confidence: low
10. 10. Pottery 33/100
    ~1.7 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 07503.

• Restaurants — 34 businesses
• Bakeries — 9 businesses
• Fast Food — 6 businesses
• Schools — 6 businesses
• Other — 6 businesses
• Jewelry & Accessories — 6 businesses
• Cafes & Coffee Shops — 5 businesses
• Doctors — 5 businesses
• Clothing & Apparel — 5 businesses
• Religious — 4 businesses
• Grocery & Supermarkets — 4 businesses
• Hair Salons — 4 businesses
• Park — 3 businesses
• Chemist — 3 businesses
• Dental — 3 businesses

Full demographic profile

Population	19,625
Households	6,291
Median household income	$60,431
Per capita income	$26,083
Median age	34.5
% bachelor's degree or higher	13.195%
% age 18–34	22.232%
% age 65+	8.204%
% renter-occupied	68.278%
Median home value	$313,500
Median gross rent	$1,525
Unemployment rate	7.082%

Nearby ZIPs in NJ

07880 Vienna · 07881 Wallpack Center · 07882 Washington · 07885 Wharton · 07901 Summit · 07095 Woodbridge