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Food Truck Market: ZIP 07304

Opportunity Score

72 / 100 Good

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

Market Profile

ZIP 07304 has strong foot traffic at 14.6/20 on the EPA walkability index. Income slightly below the national average ($68,432). 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 07304 is an urban area with moderate foot traffic. with a population of 49,260 and household incomes near the national median ($68,432). There are 60 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

49,260

Population

$68,432

Median Income

-8% vs. national

Urban

Area Type

14.6/20

Foot Traffic

Very Car-Dependent

Median Age: 34.6 — mixed-age market, broad menu appeal.

College-Educated: 27.7% — balanced market for quality & value.

Competition

Food service establishments in ZIP 07304.

Sit-Down Restaurants

4.7 per 10K residents

Fast Food / Counter

7.5 per 10K residents

Operating Costs

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

$2,070

2BR Fair Market Rent

$1,572

Median Gross Rent

$490 K

Median Home Value

Bank Branches

$430 K 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.

Price for the Market

This is a price-sensitive ZIP. Operators who succeed here lead with value — generous portions, clear value signals, combo deals. A $15 entrée is a hard sell when the median income is $68,432.