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Food Truck Market: ZIP 07481

Opportunity Score

84 / 100 Excellent

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

Market Profile

ZIP 07481 sits in the above-average walkability at 10.4/20 on the EPA index. Median income runs 164% above the national figure — $196,632 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 07481 is an urban area with moderate foot traffic. with a population of 16,866 and household incomes well above the national median ($196,632). There are 22 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

16,866

Population

$196,632

Median Income

+164% vs. national

Urban

Area Type

10.4/20

Foot Traffic

Walkable

Median Age: 47.4 — older demographic, may prefer sit-down options.

College-Educated: 47.2% — strong appetite for artisan/specialty food.

Competition

Food service establishments in ZIP 07481.

Sit-Down Restaurants

7.1 per 10K residents

Fast Food / Counter

5.9 per 10K residents

Operating Costs

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

$2,910

2BR Fair Market Rent

$2,092

Median Gross Rent

$910 K

Median Home Value

Bank Branches

$1.9 M deposits

Commissary estimate: This is a high-cost area. Monthly commissary kitchen rentals typically run $350–$550 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.

Premium Pricing Holds Here

Income levels and education rates both point toward a market that will pay for quality. Specialty ingredients, dietary accommodations, and strong branding all command price premiums in this ZIP. Don't race to the bottom.