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Food Truck Market: ZIP 07002

Opportunity Score

75 / 100 Good

Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 07002 has strong foot traffic at 13.7/20 on the EPA walkability index. Income near the national average ($81,285). Lunch and quick-service formats do well here. Premium pricing is harder to sustain than in high-income urban cores — keep your menu math tight.

Market Summary

ZIP 07002 is an urban area with moderate foot traffic. with a population of 70,468 and household incomes above the national median ($81,285). There are 107 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

70,468

Population

$81,285

Median Income

+9% vs. national

Urban

Area Type

13.7/20

Foot Traffic

Walkable

Median Age: 38.6 — mixed-age market, broad menu appeal.

College-Educated: 28.0% — balanced market for quality & value.

Competition

Food service establishments in ZIP 07002.

Sit-Down Restaurants

7.1 per 10K residents

Fast Food / Counter

8.1 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$2,070

2BR Fair Market Rent

$1,593

Median Gross Rent

$450 K

Median Home Value

Bank Branches

$2.5 M deposits

Commissary estimate: This is a high-cost area. Monthly commissary kitchen rentals typically run $250–$450 in markets like this.

What to Expect Here

Fixed Location Beats Roaming

High-foot-traffic areas reward consistency. If you can secure a recurring spot near offices or transit stops, build your weekly schedule around it. Regular customers drive more revenue than novelty seekers.