ZIP 07505 — Business Opportunities

Top business opportunities in 07505

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

1. 1. Convenience Stores 100/100
   ~1.6 businesses underserved · confidence: medium
2. 2. Laundromats 100/100
   ~0.6 businesses underserved · confidence: medium
3. 3. Prep School 37/100
   ~0.3 businesses underserved · confidence: medium
4. 4. Dancing School 37/100
   ~0.4 businesses underserved · confidence: medium
5. 5. Music School 37/100
   ~0.4 businesses underserved · confidence: medium
6. 6. Toys & Games 36/100
   ~0.2 businesses underserved · confidence: low
7. 7. Doityourself 33/100
   ~0.3 businesses underserved · confidence: medium
8. 8. Garden 33/100
   ~0.4 businesses underserved · confidence: medium
9. 9. Nature Reserve 33/100
   ~0.6 businesses underserved · confidence: medium
10. 10. Indoor Play 33/100
    ~0.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 07505.

• Restaurants — 18 businesses
• Fast Food — 6 businesses
• Park — 5 businesses
• Religious — 5 businesses
• Schools — 4 businesses
• Grocery & Supermarkets — 4 businesses
• Clothing & Apparel — 3 businesses
• Artwork — 3 businesses
• Government Services — 2 businesses
• Gas Stations — 2 businesses
• Banking & Finance — 2 businesses
• Variety Store — 2 businesses
• Auto Parts — 2 businesses
• Parking — 2 businesses
• Bakeries — 2 businesses

Full demographic profile

Population	4,592
Households	1,552
Median household income	$23,780
Per capita income	$14,927
Median age	38.3
% bachelor's degree or higher	11.162%
% age 18–34	22.038%
% age 65+	9.691%
% renter-occupied	92.87%
Median home value	$375,000
Median gross rent	$1,009
Unemployment rate	26.193%

Nearby ZIPs in NJ

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