Dover, NJ self-storage market

Population 18,563. Passes the self-storage screen with 38 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
38 / 100Pass

Passes the screen

0Population 18,563: in the 2,000 to 20,000 scope
+25Income $74k: $70k+, best
+8Population +3.3% since 2015-2019: growing 2% to 10%, good
+10Renters 54%: 40%+, best
-1029 storage facilities within 10 mi (21 chain): 11+, penalty
-1021 chain or REIT facilities within 10 mi
+15Supply 2.6 sq ft per person (595,038 sq ft / market population 232,505, 79% of facilities sized): under 7 sq ft, best
38Total, out of 100
Storage sq ft per person, 10 miles
2.6
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. 79% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
18,563
Residents of the Census place, ACS 5-year 2020 to 2024. 232,505 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$73,737
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
54.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
29
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 21 of them are chains or REITs.
Facilities whose nearest town is Dover
3
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Dover

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageDover, NJChain or REIT224MembersMembersMembersMembers
Manhattan Mini StorageDover, NJIndependent307MembersMembersMembersMembers
Public StorageDover, NJChain or REIT75MembersMembersMembersMembers

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

Showing 3 of 3 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
Wharton NJ1 mi45 / 100Pass
Rockaway NJ2 mi36 / 100Pass
Mount Hope NJ2 mi20 / 100Pass
White Meadow Lake NJ4 mi5 / 100Fail
Mount Arlington NJ5 mi33 / 100Pass
Morris Plains NJ5 mi33 / 100Pass

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

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