Nursing Care Facilities Market: ZIP 08836
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08836 is an urban area with low foot traffic. with a population of 4,326 and household incomes well above the national median ($237,935).
Area Profile
4,326
Population
$237,935
Median Income
+219% vs. national
Urban
Area Type
7.1/20
Foot Traffic
Car-Dependent
Median Age: 38.5 —
mixed-age market, broad menu appeal.
College-Educated: 47.9% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,440
2BR Fair Market Rent
$790 K
Median Home Value
1
Bank Branches
$98 K deposits
Tips for Starting a Elder Care Business in New Jersey
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- The median income here is $237,935. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+219% vs. $74,580
Walkability
-3.4 pts vs. national avg
Nearby Markets
08805
2.2 mi
Pop: 14,153
$84,201
Walk: 14.4
08880
3.6 mi
Pop: 4,833
$102,019
Walk: 9.3
07059
3.7 mi
Pop: 16,433
$201,579
Walk: 6.9
08890
4.1 mi
Pop: 38
Walk: 8.5
08807
4.3 mi
Pop: 38,438
$165,983
Walk: 8.5
08835
4.3 mi
Pop: 10,870
$93,872
Walk: 9.6
08846
4.3 mi
Pop: 14,518
$107,063
Walk: 13.7
07939
4.9 mi
Pop: 380
Walk: 6.8
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits