Tenafly, NJ self-storage market

Population 15,319. Passes the self-storage screen with 33 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
33 / 100Pass

Passes the screen

0Population 15,319: in the 2,000 to 20,000 scope
+25Income $208k: $70k+, best
+8Population +4.7% since 2015-2019: growing 2% to 10%, good
+5Renters 28.3%: 20% to 30%, ok
-1099 storage facilities within 10 mi (84 chain): 11+, penalty
-1084 chain or REIT facilities within 10 mi
+15Supply 2.1 sq ft per person (2,546,741 sq ft / market population 1,225,962, 84% of facilities sized): under 7 sq ft, best
33Total, out of 100
Storage sq ft per person, 10 miles
2.1
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. 84% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
15,319
Residents of the Census place, ACS 5-year 2020 to 2024. 1,225,962 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$208,200
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
28.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
99
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 84 of them are chains or REITs.
Facilities whose nearest town is Tenafly
3
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Tenafly

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageTenafly, NJChain or REIT73MembersMembersMembersMembers
Safeguard Self StorageTenafly, NJChain or REIT601MembersMembersMembersMembers
Safeguard Self StorageTenafly, NJChain or REIT968MembersMembersMembersMembers

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
Cresskill NJ2 mi33 / 100Pass
Englewood Cliffs NJ2 mi20 / 100Pass
Demarest NJ2 mi20 / 100Pass
Dumont NJ3 mi33 / 100Pass
New Milford NJ4 mi36 / 100Pass
Closter NJ4 mi20 / 100Pass

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

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