Is 07003 a good location for a restaurant?

What public records measure around the center of ZIP 07003 in Essex County, New Jersey for a restaurant: households and income, jobs within reach, resident spending and the restaurants already mapped there. Whether a particular address fits is a question about that address; check one free below.

ZIP 07003, Essex County, New Jersey

Restaurant. Measured from the center of the ZIP, not an address. ZIP 07003 covers 5.3 square miles, so its edges are about 1.5 miles from the center. Jobs and competitors are counted within a mile of the center and resident spending within 3 miles; the household figures beside are for the whole ZIP. Checked Oct 22, 2026.

ZIP 07003
21,215 households
Median household income
$103,663
Residents
53,771
Restaurants with employees, 2023
44

What stands out

  1. Few jobs within a short walk

    208Jobs
    11,708Households

    208 jobs are within a 5-minute walk (0.25 mile) and 1,098 within 10 minutes (0.5 mile), from Census workplace records for 2023.

  2. Less nearby competition than most

    22Sit-down and casual restaurants
    0.26 miNearest rival

    Overture's places data lists 22 sit-down and casual restaurants within half a mile (1 chain, 4 local multi-location and 17 independent) and 44 within a mile.

  3. What spending nearby can support

    $600KMiddle-case sales
    $5,000Rent the middle case supports

    Spending near the center of this ZIP supports an estimated $475,000 to $786,000 a year in sales for this business (middle case $600,000).

  4. Essex County 652 carries about 15,024 vehicles a day

    15,024Vehicles a day

    The nearest counted roads are Essex County 652, 15,024 vehicles a day (FHWA HPMS 2024), about 380 feet away; Essex County 651, 8,207 vehicles a day (FHWA HPMS 2024), about 610 feet away; and Bay Ave, 5,215 vehicles a day (FHWA HPMS 2024), about 640 feet away.

What the center of ZIP 07003 can sell each year

Middle case$600K

Sales a year, planning range

Low case$475K
High case$786K
Rivals within 2 mi363
Healthy share for this business
6% to 10%
Base rent the ZIP center supports
$2,350 to $6,550 a month

Resident, worker and student spending near the ZIP center, shared among competitors by distance (Huff model). A planning range with stated assumptions, not a forecast.

Competition

Competitors within half a mile22

25th percentile for nearby competition among 64,060 similar businesses in the New York-Newark-Jersey City metro area

Under the metro median of 59
Within a quarter mile0
Within 1 mile44

Nearest competitors

  • Competitor 1Independent1,360 ft
  • Competitor 2Independent1,390 ft
  • Competitor 3Independent1,410 ft
  • Competitor 4Local group1,430 ft
  • Competitor 5Independent1,530 ft

Overture Maps Foundation places, 2026-09-23.1. Listings, not verified hours or menus.

Jobs within walking distance

10-minute walk1,098

Jobs at workplaces within half a mile

5-minute walk208
Within 1 mile5,940
Office-type, half mile64

Largest employers within a 10-minute walk

  • Food service and lodging251
  • Construction142
  • Retail130
  • Other services107
  • Education104

Census LEHD workplace records, jobs as of 2023. Straight-line distances. Office attendance is still roughly half to 60% of 2020 levels. Jobs are workplaces, not visits.

Traffic on nearby roads

Vehicles a day on Essex County 65215,024

Nearest counted road, 2024 count

Other counted roads nearby

  • Essex County 651610 ft8,207
  • Bay Ave640 ft5,215
  • Broughton Ave1,250 ft5,532

State DOT and FHWA annual average daily traffic, both directions. Vehicles, not foot traffic.

What an address adds

  • The free check of an addressThe same measurements within a short walk of one address in 07003: who lives and works right there, the competition on that block and the traffic on its road. No account.
  • The full reportFor one address: whether the rules allow a restaurant there, the rent the location supports against the asking rent, what has opened and closed nearby, and the questions to settle before signing.

Have an address in 07003 in mind?

Check the address free

The restaurant check reads the same public records at the address itself.

Sources: Overture Maps Foundation: Places (Overture Places release 2026-09-23.1); DoorWorthy demand model: resident, worker and student spending shared among competitors (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); U.S. Census Bureau: ACS (ACS 2020-2024 five-year estimates); U.S. Census Bureau Gazetteer: ZIP Code Tabulation Area center (ZCTA internal point; land area 5.3 square miles); U.S. Census ACS households by income with BLS Consumer Expenditure Survey spending (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); FHWA Highway Performance Monitoring System (Annual average daily traffic, latest count 2024); U.S. Census Bureau: LEHD LODES workplace jobs (LODES8 workplace area characteristics, jobs as of 2023); U.S. Census Bureau ZIP Code Business Patterns 2023 (establishments with paid employees). Listings and counts are public records, not visits or sales in this ZIP.

Questions about ZIP 07003.

ZIP 07003 for another business