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Food Truck Market: ZIP 07071

Opportunity Score

88 / 100 Excellent

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

Market Profile

ZIP 07071 sits in the above-average walkability at 14.8/20 on the EPA index. Median income runs 46% above the national median — $109,021 vs. $74,580 nationally. High foot traffic and real purchasing power make this one of the stronger food truck markets in the country. The tradeoff: commissary kitchen rates and permit fees are elevated to match.

Market Summary

ZIP 07071 is an urban area with moderate foot traffic. with a population of 22,343 and household incomes well above the national median ($109,021). There are 53 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

22,343

Population

$109,021

Median Income

+46% vs. national

Urban

Area Type

14.8/20

Foot Traffic

Very Car-Dependent

Median Age: 40.3 — older demographic, may prefer sit-down options.

College-Educated: 29.7% — balanced market for quality & value.

Competition

Food service establishments in ZIP 07071.

Sit-Down Restaurants

13.4 per 10K residents

Fast Food / Counter

10.3 per 10K residents

Operating Costs

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

$2,100

2BR Fair Market Rent

$1,719

Median Gross Rent

$500 K

Median Home Value

Bank Branches

$1 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.