Great Notch, NJ self-storage market

Population 4,008. Passes the self-storage screen with 25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
25 / 100Pass

Passes the screen

0Population 4,008: in the 2,000 to 20,000 scope
+25Income $162k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
+5Renters 22.7%: 20% to 30%, ok
-1079 storage facilities within 10 mi (58 chain): 11+, penalty
-1058 chain or REIT facilities within 10 mi
+15Supply 1.7 sq ft per person (1,858,837 sq ft / market population 1,107,065, 77% of facilities sized): under 7 sq ft, best
25Total, out of 100
Storage sq ft per person, 10 miles
1.7
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,008
Residents of the Census place, ACS 5-year 2020 to 2024. 1,107,065 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$162,101
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
Unknown
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
79
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 58 of them are chains or REITs.
Facilities whose nearest town is Great Notch
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Great Notch

No facility lists Great Notch as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Montclair State University NJ1 mi-5 / 100Fail
Woodland Park NJ1 mi36 / 100Pass
Singac NJ2 mi25 / 100Pass
Upper Montclair NJ2 mi28 / 100Pass
Totowa NJ2 mi25 / 100Pass
North Caldwell NJ3 mi20 / 100Pass

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

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