Ringwood, NJ self-storage market

Population 11,657. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
12 / 100Fail

Fails the screen

0Population 11,657: in the 2,000 to 20,000 scope
+25Income $152k: $70k+, best
-8Population -4.8% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 3.8%: under 20%, low
-1028 storage facilities within 10 mi (14 chain): 11+, penalty
-1014 chain or REIT facilities within 10 mi
+15Supply 3.1 sq ft per person (585,694 sq ft / market population 186,001, 86% of facilities sized): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
3.1
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. 86% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
11,657
Residents of the Census place, ACS 5-year 2020 to 2024. 186,001 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$152,414
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
3.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 14 of them are chains or REITs.
Facilities whose nearest town is Ringwood
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Ringwood

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Advanced Self StorageRingwood, NJIndependent5MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 1 of 1 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
Wanaque NJ4 mi17 / 100Pass
Oakland NJ5 mi20 / 100Pass
Ramapo College of New Jersey NJ5 mi-5 / 100Fail
Hewitt NJ5 mi22 / 100Pass
Sloatsburg NY6 mi12 / 100Fail
Suffern NY7 mi36 / 100Pass

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

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