Madison Park, NJ self-storage market

Population 9,124. 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 9,124: in the 2,000 to 20,000 scope
+25Income $80k: $70k+, best
+15Population +16.5% since 2015-2019: growing 10%+, best
+10Renters 67.3%: 40%+, best
-1048 storage facilities within 10 mi (41 chain): 11+, penalty
-1041 chain or REIT facilities within 10 mi
+15Supply 2.8 sq ft per person (1,292,482 sq ft / market population 469,011, 81% of facilities sized): under 7 sq ft, best
45Total, out of 100
Storage sq ft per person, 10 miles
2.8
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. 81% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,124
Residents of the Census place, ACS 5-year 2020 to 2024. 469,011 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$79,509
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+16.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
67.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
48
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 41 of them are chains or REITs.
Facilities whose nearest town is Madison Park
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Madison Park

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageMadison Park, NJChain or REIT854MembersMembersMembersMembers
Extra Space StorageMadison Park, NJChain or REIT1,077MembersMembersMembersMembers

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
Laurence Harbor NJ2 mi5 / 100Fail
South Amboy NJ3 mi45 / 100Pass
Brownville NJ3 mi5 / 100Fail
Matawan NJ4 mi45 / 100Pass
Cliffwood Beach NJ4 mi28 / 100Pass
South River NJ4 mi28 / 100Pass

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

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