Watsessing, NJ self-storage market
Population 8,232. Passes the self-storage screen with 30 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
30 / 100PassPasses the screen
0Population 8,232: in the 2,000 to 20,000 scope
+25Income $103k: $70k+, best
0No 2015-2019 population (new or renamed Census place)
+10Renters 68.1%: 40%+, best
-1089 storage facilities within 10 mi (66 chain): 11+, penalty
-1066 chain or REIT facilities within 10 mi
+15Supply 1.3 sq ft per person (2,272,245 sq ft / market population 1,803,264, 79% of facilities sized): under 7 sq ft, best
30Total, out of 100
Storage sq ft per person, 10 miles
1.3
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. 79% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
8,232
Residents of the Census place, ACS 5-year 2020 to 2024. 1,803,264 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$103,378
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
68.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
89
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 66 of them are chains or REITs.
Facilities whose nearest town is Watsessing
3
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Watsessing
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Compass Self Storage | Watsessing, NJ | Chain or REIT | 739 | Members | Members | Members | Members |
| Extra Space Storage | Watsessing, NJ | Chain or REIT | 1,396 | Members | Members | Members | Members |
| Extra Space Storage | Watsessing, NJ | Chain or REIT | 1,598 | Members | Members | Members | Members |
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.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Ampere North NJ | 1 mi | 25 / 100Pass |
| Silver Lake NJ | 1 mi | 15 / 100Pass |
| Glen Ridge NJ | 1 mi | 28 / 100Pass |
| East Newark NJ | 3 mi | -5 / 100Fail |
| Brookdale NJ | 3 mi | 20 / 100Pass |
| Upper Montclair NJ | 4 mi | 28 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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