Fanwood, NJ self-storage market

Population 7,799. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 7,799: in the 2,000 to 20,000 scope
+25Income $196k: $70k+, best
0Population +1.8% since 2015-2019: flat (within 2%), ok
0Renters 15.1%: under 20%, low
-1056 storage facilities within 10 mi (40 chain): 11+, penalty
-1040 chain or REIT facilities within 10 mi
+15Supply 2.5 sq ft per person (1,538,045 sq ft / market population 608,759, 88% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
2.5
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,799
Residents of the Census place, ACS 5-year 2020 to 2024. 608,759 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$195,529
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
15.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
56
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 40 of them are chains or REITs.
Facilities whose nearest town is Fanwood
2
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Fanwood

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Bright Box Self StorageFanwood, NJIndependent599MembersMembersMembersMembers
Public StorageFanwood, NJChain or REIT462MembersMembersMembersMembers

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
Watchung NJ3 mi28 / 100Pass
Mountainside NJ3 mi28 / 100Pass
Garwood NJ3 mi45 / 100Pass
New Providence NJ4 mi33 / 100Pass
Colonia NJ5 mi28 / 100Pass
Gillette NJ5 mi20 / 100Pass

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

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