Cherry Hill Mall, NJ self-storage market

Population 14,541. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 14,541: in the 2,000 to 20,000 scope
+25Income $104k: $70k+, best
+8Population +3.4% since 2015-2019: growing 2% to 10%, good
+5Renters 28.6%: 20% to 30%, ok
-1087 storage facilities within 10 mi (71 chain): 11+, penalty
-1071 chain or REIT facilities within 10 mi
+15Supply 1.3 sq ft per person (2,495,834 sq ft / market population 1,973,655, 86% of facilities sized): under 7 sq ft, best
33Total, out of 100
Storage sq ft per person, 10 miles
1.3
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
14,541
Residents of the Census place, ACS 5-year 2020 to 2024. 1,973,655 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$103,708
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
28.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
87
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 71 of them are chains or REITs.
Facilities whose nearest town is Cherry Hill Mall
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Cherry Hill Mall

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageCherry Hill Mall, NJChain or REIT1,378MembersMembersMembersMembers
Public StorageCherry Hill Mall, NJChain or REIT347MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 2 of 2 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Ellisburg NJ1 mi43 / 100Pass
Golden Triangle NJ2 mi43 / 100Pass
Kingston Estates NJ2 mi38 / 100Pass
Merchantville NJ2 mi38 / 100Pass
Barclay NJ3 mi28 / 100Pass
Westmont NJ3 mi28 / 100Pass

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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