Shark River Hills, NJ self-storage market

Population 2,974. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 2,974: in the 2,000 to 20,000 scope
+25Income $140k: $70k+, best
-15Population -9.9% since 2015-2019: shrinking 5%+, penalty
0Renters 0%: under 20%, low
-1033 storage facilities within 10 mi (23 chain): 11+, penalty
-1023 chain or REIT facilities within 10 mi
+15Supply 4.2 sq ft per person (797,729 sq ft / market population 191,716, 88% of facilities sized): under 7 sq ft, best
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
4.2
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
2,974
Residents of the Census place, ACS 5-year 2020 to 2024. 191,716 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$139,524
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
0.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
33
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 23 of them are chains or REITs.
Facilities whose nearest town is Shark River Hills
3
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Shark River Hills

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageShark River Hills, NJChain or REIT406MembersMembersMembersMembers
Extra Space StorageShark River Hills, NJChain or REIT746MembersMembersMembersMembers
Storage King USAShark River Hills, NJChain or REIT192MembersMembersMembersMembers

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

Showing 3 of 3 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
Neptune NJ1 mi25 / 100Pass
Belmar NJ1 mi38 / 100Pass
West Belmar NJ2 mi35 / 100Pass
Avon-by-the-Sea NJ2 mi43 / 100Pass
Bradley Beach NJ2 mi30 / 100Pass
Ocean Grove NJ3 mi28 / 100Pass

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

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