Ridgefield Park, NJ self-storage market

Population 13,235. 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 13,235: in the 2,000 to 20,000 scope
+25Income $101k: $70k+, best
+8Population +2.4% since 2015-2019: growing 2% to 10%, good
+8Renters 39.9%: 30% to 40%, good
-10130 storage facilities within 10 mi (97 chain): 11+, penalty
-1097 chain or REIT facilities within 10 mi
+15Supply 2.3 sq ft per person (2,927,887 sq ft / market population 1,272,210, 75% of facilities sized): under 7 sq ft, best
36Total, out of 100
Storage sq ft per person, 10 miles
2.3
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
13,235
Residents of the Census place, ACS 5-year 2020 to 2024. 1,272,210 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$100,718
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
39.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
130
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 97 of them are chains or REITs.
Facilities whose nearest town is Ridgefield Park
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Ridgefield Park

No facility lists Ridgefield Park as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Little Ferry NJ1 mi30 / 100Pass
Bogota NJ1 mi43 / 100Pass
Ridgefield NJ2 mi38 / 100Pass
Leonia NJ2 mi36 / 100Pass
Moonachie NJ2 mi40 / 100Pass
Fairview NJ2 mi28 / 100Pass

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

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