Peapack and Gladstone, NJ self-storage market

Population 2,571. Passes the self-storage screen with 42 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
42 / 100Pass

Passes the screen

0Population 2,571: in the 2,000 to 20,000 scope
+25Income $203k: $70k+, best
0Population -0.2% since 2015-2019: flat (within 2%), ok
+5Renters 20.4%: 20% to 30%, ok
+56 storage facilities within 10 mi (4 chain): 4 to 6, good
-84 chain or REIT facilities within 10 mi
+15Supply 0.9 sq ft per person (110,284 sq ft / market population 127,996, 83% of facilities sized): under 7 sq ft, best
42Total, out of 100
Storage sq ft per person, 10 miles
0.9
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
2,571
Residents of the Census place, ACS 5-year 2020 to 2024. 127,996 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$202,578
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
6
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Peapack and Gladstone
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Peapack and Gladstone

No facility lists Peapack and Gladstone as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Bernardsville NJ4 mi28 / 100Pass
Mendham NJ5 mi20 / 100Pass
The Hills NJ5 mi20 / 100Pass
Basking Ridge NJ5 mi20 / 100Pass
Liberty Corner NJ6 mi28 / 100Pass
Lyons NJ6 mi20 / 100Pass

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

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