Laurel Lake, NJ self-storage market

Population 2,641. Fails the self-storage screen with 14 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
14 / 100Fail

Fails the screen

0Population 2,641: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
-15Population -20.6% since 2015-2019: shrinking 5%+, penalty
+5Renters 27.2%: 20% to 30%, ok
07 storage facilities within 10 mi (3 chain): 7 to 10, ok
-63 chain or REIT facilities within 10 mi
+15Supply 3.2 sq ft per person (316,186 sq ft / market population 98,275): under 7 sq ft, best
0Score 14 is under the pass mark 15
14Total, out of 100
Storage sq ft per person, 10 miles
3.2
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,641
Residents of the Census place, ACS 5-year 2020 to 2024. 98,275 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$55,574
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-20.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 3 of them are chains or REITs.
Facilities whose nearest town is Laurel Lake
4
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Laurel Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Columbia Self StorageLaurel Lake, NJIndependent143MembersMembersMembersMembers
Columbia Self StorageLaurel Lake, NJIndependent87MembersMembersMembersMembers
Delsea Self StorageLaurel Lake, NJIndependent1MembersMembersMembersMembers
Public StorageLaurel Lake, NJChain or REIT360MembersMembersMembersMembers

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

Showing 4 of 4 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
Woodbine NJ14 mi-35 / 100Fail
Buena NJ15 mi35 / 100Pass
Silver Lake NJ15 mi41 / 100Pass
Seaville NJ19 mi15 / 100Pass
Mays Landing NJ19 mi10 / 100Fail
Palermo NJ20 mi15 / 100Pass

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

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