The Hills, NJ self-storage market

Population 10,785. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 10,785: in the 2,000 to 20,000 scope
+25Income $155k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
0Renters 17%: under 20%, low
-1022 storage facilities within 10 mi (15 chain): 11+, penalty
-1015 chain or REIT facilities within 10 mi
+15Supply 1.8 sq ft per person (380,134 sq ft / market population 216,048, 77% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
1.8
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
10,785
Residents of the Census place, ACS 5-year 2020 to 2024. 216,048 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$154,564
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
Unknown
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
17.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
22
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 15 of them are chains or REITs.
Facilities whose nearest town is The Hills
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near The Hills

No facility lists The Hills as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Liberty Corner NJ3 mi28 / 100Pass
Green Knoll NJ3 mi33 / 100Pass
Bridgewater Center NJ4 mi20 / 100Pass
Lyons NJ4 mi20 / 100Pass
Martinsville NJ4 mi20 / 100Pass
Peapack and Gladstone NJ5 mi42 / 100Pass

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

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