Garwood, NJ self-storage market

Population 4,885. Passes the self-storage screen with 45 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
45 / 100Pass

Passes the screen

0Population 4,885: in the 2,000 to 20,000 scope
+25Income $111k: $70k+, best
+15Population +12.6% since 2015-2019: growing 10%+, best
+10Renters 45.6%: 40%+, best
-1066 storage facilities within 10 mi (51 chain): 11+, penalty
-1051 chain or REIT facilities within 10 mi
+15Supply 1.5 sq ft per person (1,694,581 sq ft / market population 1,117,004, 83% of facilities sized): under 7 sq ft, best
45Total, out of 100
Storage sq ft per person, 10 miles
1.5
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,885
Residents of the Census place, ACS 5-year 2020 to 2024. 1,117,004 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$110,670
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+12.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
45.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
66
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 51 of them are chains or REITs.
Facilities whose nearest town is Garwood
2
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Garwood

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
All Seasons Self Storage IncGarwood, NJIndependent34MembersMembersMembersMembers
CubeSmart Self StorageGarwood, NJChain or REIT206MembersMembersMembersMembers

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
Kenilworth NJ3 mi33 / 100Pass
Mountainside NJ3 mi28 / 100Pass
Roselle Park NJ3 mi38 / 100Pass
Fanwood NJ3 mi20 / 100Pass
Union NJ4 mi28 / 100Pass
Colonia NJ4 mi28 / 100Pass

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

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