New Milford, NJ self-storage market

Population 16,995. Passes the self-storage screen with 36 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
36 / 100Pass

Passes the screen

0Population 16,995: in the 2,000 to 20,000 scope
+25Income $115k: $70k+, best
+8Population +2.7% since 2015-2019: growing 2% to 10%, good
+8Renters 38.6%: 30% to 40%, good
-10101 storage facilities within 10 mi (81 chain): 11+, penalty
-1081 chain or REIT facilities within 10 mi
+15Supply 1.8 sq ft per person (2,532,724 sq ft / market population 1,412,571, 83% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
1.8
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
16,995
Residents of the Census place, ACS 5-year 2020 to 2024. 1,412,571 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$114,889
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
101
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 81 of them are chains or REITs.
Facilities whose nearest town is New Milford
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New Milford

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageNew Milford, NJChain or REIT90MembersMembersMembersMembers
Prime StorageNew Milford, NJChain or REIT182MembersMembersMembersMembers

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
River Edge NJ1 mi33 / 100Pass
Dumont NJ2 mi33 / 100Pass
Oradell NJ2 mi20 / 100Pass
Haworth NJ2 mi20 / 100Pass
Emerson NJ3 mi12 / 100Fail
Maywood NJ3 mi36 / 100Pass

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

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