Red Bank, NJ self-storage market

Population 12,862. Passes the self-storage screen with 38 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
38 / 100Pass

Passes the screen

0Population 12,862: in the 2,000 to 20,000 scope
+25Income $97k: $70k+, best
+8Population +6.5% since 2015-2019: growing 2% to 10%, good
+10Renters 49.9%: 40%+, best
-1034 storage facilities within 10 mi (21 chain): 11+, penalty
-1021 chain or REIT facilities within 10 mi
+15Supply 3.7 sq ft per person (838,553 sq ft / market population 226,872, 88% of facilities sized): under 7 sq ft, best
38Total, out of 100
Storage sq ft per person, 10 miles
3.7
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
12,862
Residents of the Census place, ACS 5-year 2020 to 2024. 226,872 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$97,477
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
49.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
34
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 21 of them are chains or REITs.
Facilities whose nearest town is Red Bank
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Red Bank

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Columbia Self StorageRed Bank, NJIndependent478MembersMembersMembersMembers
Red Bank Self StorageRed Bank, NJIndependent28MembersMembersMembersMembers

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
Fairview NJ1 mi28 / 100Pass
Shrewsbury NJ2 mi28 / 100Pass
Fair Haven NJ2 mi28 / 100Pass
Little Silver NJ2 mi28 / 100Pass
Oceanport NJ3 mi28 / 100Pass
Rumson NJ3 mi28 / 100Pass

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

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