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BMIE Market 07940

Morris County, New Jersey · ZCTA boundaries as of 2020

Profile

Population (current estimate)17,610
2020–2024 ACS 5-year estimate ±178 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households5,653
2020–2024 ACS 5-year estimate ±265 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B11001_001E · on 2020 boundaries · retrieved 2026-09-05
Population, 2010 Census count17,278
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units5,805
2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income$172,708
2020–2024 ACS 5-year estimate ±19,409 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age35.3
2020–2024 ACS 5-year estimate ±2 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01002_001E · on 2020 boundaries · retrieved 2026-09-05
Median gross rent$2,251
2020–2024 ACS 5-year estimate ±120 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25064_001E · on 2020 boundaries · retrieved 2026-09-05
Median home value$940,900
2020–2024 ACS 5-year estimate ±44,176 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area4.9 sq mi
Census Gazetteer 2020
Restaurants50
2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 07940
Restaurants per 10,000 residents23.2
DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year+6.4%
DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year+25.0%
DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year+42.9%
DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file+92.3%
DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 202853 (range 48–58)
FORECAST · linear trend v1 fitted to 2013–2023 (11 points, +0.8 per year, r² 0.58) · 80% range · confidence Medium · momentum, not a guarantee
Projected population, 5 years aheadNeeds more ACS years on file
BMIE Market Score73 / 100
MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score86 / 100
MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score64 / 100
MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score64 / 100
MODELED · market_momentum_score v1 · confidence High · why?

Map

Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.

Why these scores?

Each score is a weighted average of national percentile ranks (0 = lowest of all ZCTAs with that figure, 100 = highest). Weights are set in the model registry, not in code, and every score carries its model version.

BMIE Market Score: 73 (High confidence)

ComponentValueRankWeightAdds
Consumer Market Score86.18640%+34.4
Restaurant Opportunity Score64.56435%+22.6
Market Momentum Score63.76425%+15.9
Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 86 (High confidence)

ComponentValueRankWeightAdds
Population (ACS)17,6107940%+31.7
Median household income (ACS)172,7089840%+39.2
Households (ACS)5,6537620%+15.2
Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 64 (High confidence)

ComponentValueRankWeightAdds
10-year restaurant growth256735%+23.6
Restaurants per 10,000 residents (lower = more room)28.42225%+5.5
Population (ACS)17,6107920%+15.9
Median household income (ACS)172,7089820%+19.6
Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 64 (High confidence)

ComponentValueRankWeightAdds
5-year restaurant growth6.46350%+31.5
10-year restaurant growth256730%+20.2
20-year restaurant growth42.96020%+12.0
Restaurant-count growth only until population and income growth series exist.

A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.

Restaurants on file (98)

By cuisine

American 18 · Coffee 16 · Italian 12 · Sandwiches 10 · Bakery 9 · Pizza 9 · Asian 6 · Dessert 6 · Burgers 4 · Japanese 4 · Sushi 4 · Breakfast 3 · Chinese 3 · Juice / smoothies 3 · European 2 · French 2 · Healthy / salads / bowls 2 · Ice cream / frozen desserts 2 · Indian 2 · Mediterranean 2 · Mexican 2 · Thai 2 · BBQ 1 · Cajun, Creole, Southern 1 · Caribbean 1 · Chicken / wings 1 · German / Eastern European 1 · Halal / kosher 1 · Latin American (other) 1 · Middle Eastern 1 · Noodles / ramen / pho 1 · Seafood 1 · Southwestern / Tex-Mex 1 · Tea / bubble tea 1

By type

Restaurant (service type not stated) 60 · Café 14 · Bar 12 · Casual dining 12 · Bakery 10 · Quick service 10 · Coffee shop 8 · Dessert 8 · Specialty food shop 6 · Juice, smoothie, tea 4 · Buffet 2 · Catering 2 · Food truck 2 · Brewery / taproom 1 · Delivery-focused 1 · Fast casual 1

NameTypeCuisineAddressStatus
54 Main Bar and GrilleCasual dining · Restaurant (service type not stated) · BarAmerican54 Main Stopen
A Danny Boy Production, LlcRestaurant (service type not stated)90 Park Aveopen
Amalfi Cafe IncRestaurant (service type not stated)20 Waverly Pl Ste 1open
Artisanal Italian FoodsRestaurant (service type not stated)5 Loveland Stopen
Asahi SushiRestaurant (service type not stated)Japanese · SushiLincoln Placeopen
Baba's Bakery & CafeBakery · Dessert · CaféBakery · Dessert · Coffee37 Kings Rdopen
Bad Ass Coffee of Hawaii Bad Ass Coffee of HawaiiCoffee shop · CaféCoffee14 Lincoln Plopen
Bagel Chateau of Madison Bagel ChateauBakery · Quick service · Specialty food shopBakery · Sandwiches45 Main Stopen
Bagel NoshBakery · Quick service · Specialty food shopBakery · Sandwiches300 Main Stopen
Begum PalaceRestaurant (service type not stated) · Buffet · Casual dining · BarIndian300 Main Stopen
Bento GrillRestaurant (service type not stated)Mexican20 Waverly Plopen
Biladi GrillRestaurant (service type not stated)Mediterranean · Middle Eastern77 Main Stopen
Blue Sky BurritosRestaurant (service type not stated)6 Elmer Stopen
Blue WazabiRestaurant (service type not stated)Japanese · Sushi · Asian20 Waverly Plopen
Bottle Hill PubBar285 Madison Aveopen
Broccolini'sRestaurant (service type not stated)91 Park Aveopen
Burger King Burger KingQuick serviceBurgers · American317 Main Stopen
Butter and JamCaféCoffee · Breakfast · American30 Cook Plazaopen
C J's DeliSpecialty food shop · Quick service · CateringSandwiches10 Park Aveopen
CarvelDessertIce cream / frozen desserts51 Main Stopen
CENTRAL+MAINRestaurant (service type not stated)American3 Central Aveopen
Cenzino Enterprise IncRestaurant (service type not stated)4 Park Aveopen
Chef Loryn'sCafé · Restaurant (service type not stated) · CateringCoffee250 Main Stopen
Chef's SmokehouseRestaurant (service type not stated)36 Cook Aveopen
Chianti PizzaRestaurant (service type not stated)Pizza7 Cross Stopen
Chipotle Mexican Grill Chipotle Mexican GrillRestaurant (service type not stated)Mexican · Southwestern / Tex-Mex6 Main Stopen
Cirotone CorporationRestaurant (service type not stated)300 Main Stopen
Crowley CupcakesBakery · DessertDessert · Bakery7 Waverly Plopen
Daddy Matty's BBQ & CateringRestaurant (service type not stated)BBQ6 Elmer Stopen
Dao MadisonRestaurant (service type not stated)Chinese · Asian258 Main Stopen
Delikositas MadisonBakery · CaféBakery · Latin American (other) · Coffee42 Main Stopen
Domino's Domino's PizzaDelivery-focused · Quick servicePizza8 Park Aveopen
Drew PubBar · Restaurant (service type not stated)36 Madison Aveopen
Drew University CommonsBuffetDrew Universityopen
DRIP coffeeCoffee shopCoffee34 Main Stopen
Dunkin' Dunkin'Coffee shop · Quick service · Dessert · BakeryCoffee · Dessert227 Main Stopen
Fable & FlameRestaurant (service type not stated)Burgers143 Main Streetopen
Five Guys Five GuysQuick serviceBurgers · American233 Main Stopen
Forum Coffee (Madison) Forum Coffee- Little FallsCoffee shop · CaféCoffee1 Waverly Plopen
Frutta BowlsJuice, smoothie, teaJuice / smoothies57 Main Stopen
Gene TaskilaBakery · Coffee shop · CaféBakery · Coffee23 Waverly Plopen
Get CreoleRestaurant (service type not stated)Caribbean · Cajun, Creole, Southern6 Elmer Stopen
Grillera Mediterranean CuisineRestaurant (service type not stated) · Casual dining · BarMediterranean91 Park Aveopen
Hartley RestaurantRestaurant (service type not stated)American17 Greenwood Aveopen
Harvest BistroRestaurant (service type not stated) · Fast casualSandwiches · Healthy / salads / bowls50 1/2 MAIN Stopen
Hava G'day CafeCafé · Coffee shopCoffee · BreakfastMadison Train Station, Kings Rdopen
Headwaters Spirits & Entertainment LlcRestaurant (service type not stated)24 Main Stopen
Healthy ItaliaRestaurant (service type not stated)Italian53 Main Stopen
Il Goccino RistoranteRestaurant (service type not stated) · Casual diningItalian · American33 Main Stopen
Il Mondo VecchioRestaurant (service type not stated)Italian · European72 Main Stopen
Italian Village PizzaRestaurant (service type not stated)Sandwiches · Pizza300 Main Stopen
Jungle Juice Jungle JuiceJuice, smoothie, tea · CaféJuice / smoothies · Healthy / salads / bowls · Coffee67 Main Stopen
Krust KitchenRestaurant (service type not stated) · Casual diningItalian · American7 Cross Stopen
L'allegria RestaurantRestaurant (service type not stated)Italian · Seafood11 Prospect Stopen
La Rosa Chicken and Grill La Rosa Chicken & GrillRestaurant (service type not stated)Chicken / wings · American306 Main Stopen
Madison Bagel Cafe LlcRestaurant (service type not stated)19 Waverly Plopen
Madison Wine & TapBar · Casual dining17 Greenwood Aveopen
Madison WokRestaurant (service type not stated)Chinese300 Main Stopen
Main Street SubmarinesSpecialty food shop · Quick serviceSandwiches · Pizza187 Main Stopen
McCools Ice Cream and Frozen YogurtDessertIce cream / frozen desserts · Dessert26 Main Stopen
Nahm Thai & French CuisineRestaurant (service type not stated)Thai · French · Asian41 Main Stopen
Nautilus DinerCasual dining · Restaurant (service type not stated)American95 Main Stopen
Neer - Modern Indian DiningRestaurant (service type not stated) · Casual diningIndian · American143 Main Stopen
Nickygs Firehouse Italian Restaurant & PizzeriaRestaurant (service type not stated)Italian · Pizza15 Central Aveopen
Noon Tea CreperieJuice, smoothie, tea · Bakery · Restaurant (service type not stated) · CaféTea / bubble tea · Bakery · Coffee57 Main Stopen
Ossinos’ Specialty MarketRestaurant (service type not stated)Italian258 Main Stopen
Osteria TreviRestaurant (service type not stated)Italian · European4 Park Aveopen
Palm Thai RestaurantRestaurant (service type not stated)Asian · Thai · Noodles / ramen / pho75 Main Stopen
Poor Herbie'sRestaurant (service type not stated)Burgers13 Waverly Plopen
Pop's DinerCasual diningAmerican6 Elmer Stopen
Prospect TavernCasual dining · Bar14 Prospect Stopen
Rob's BistroRestaurant (service type not stated)French75 Main Stopen
Rocco's Tuscany Bar and GrillRestaurant (service type not stated)Pizza · Italian30 Cook Plzopen
Romanelli's Italian EateryRestaurant (service type not stated)Italian · Pizza42 Lincoln Plopen
Rose City Wurst Co.Food truck · Quick service · Specialty food shopGerman / Eastern European · Sandwiches85 Main Stopen
Seymour's Food Truck HalalFood truckHalal / kosher · Sandwiches326 Main Stopen
Shanghai Jazz Restaurant & BarRestaurant (service type not stated) · BarChinese24 Main Stopen
Slamwich Scratch KitchenRestaurant (service type not stated)Breakfast · Sandwiches143 Main Stopen
SoBoL MadisonJuice, smoothie, tea · Restaurant (service type not stated) · CaféJuice / smoothies · Coffee51 Main Stopen
Soho 33Restaurant (service type not stated)American33 Main Stopen
Starbucks StarbucksCoffee shop · Restaurant (service type not stated) · CaféCoffee300 Main Stopen
Sugar Rush Candy & Gift BoutiqueDessert10 Waverly Plopen
Sugarlips DonutsBakery · DessertDessert · Bakery145 Main Stopen
Sunday Motor Co.Café · Restaurant (service type not stated)Coffee · American27 Kings Rdopen
Takuma Japanese RestaurantRestaurant (service type not stated)Asian · Sushi · Japanese42 Lincoln Plopen
Tavern On MainBar54 Main Stopen
The BakerBakery · DessertBakery · Dessert7 Waverly Plopen
The Bottle Hill TavernCasual dining · BarAmerican13 Waverly Plopen
The Garlic RoseRestaurant (service type not stated)Italian41 Main Stopen
The Lounge - Drew UniversityBar36 Madison Aveopen
The Pizza FactoryRestaurant (service type not stated)Pizza7 Cross Stopen
The Real Sweet Dreams CafeCoffee shop · CaféAmerican · Coffee42 Lincoln Plopen
The Rosecourt BreweryBrewery / taproom · Bar3 Central Aveopen
Tony Boys Sandwich House MadisonSpecialty food shop · Quick serviceSandwiches · American90 Park Aveopen
Urban Fire Tino’s Artisan Pizza Co.Restaurant (service type not stated)Pizza · Italian6 Main Stopen
Waverly RestaurantCasual dining · Restaurant (service type not stated)American14 Waverly Plopen
Yuki HanaRestaurant (service type not stated)Japanese · Sushi · Asian300 Main Stopen
Chutney & Co.Restaurant (service type not stated)Indian4 Park Aveclosed
Listings: Overture Maps Places (CDLA-Permissive-2.0), matched into the BMIE restaurant master. Census establishment counts and listing counts differ by definition (Census counts employer establishments in the reference week; listings are places currently mapped).

Restaurant establishments over time

YearAll food serviceRestaurantsFull-serviceLimited-serviceSnack & beverageBarsIndustry codes
199427261SIC1987
199527261SIC1987
199633321SIC1987
199737361SIC1987
19984031121351NAICS1997
19993828131141NAICS1997
20003930151141NAICS1997
20013829131241NAICS1997
20024234191051NAICS1997
20034635181251NAICS2002
2004413318114NAICS2002
2005443419123NAICS2002
2006403116123NAICS2002
20074433161521NAICS2002
20084938211341NAICS2007
2009483720125NAICS2007
2010494022135NAICS2007
2011504224135NAICS2007
2012453820126NAICS2012
2013484023107NAICS2012
2014534526127NAICS2012
20155144261261NAICS2012
20165142241261NAICS2012
2017554226106NAICS2017
2018594727137NAICS2017
2019584225107NAICS2017
20206044241010NAICS2017
2021614828128NAICS2017
2022625131119NAICS2022
2023625030119NAICS2022
U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 07940. Categories are BMIE roll-ups of the published SIC/NAICS codes (full vs limited service is not split under SIC). More years load in stages.

Nearby markets (within 5 miles)

ZCTADistanceRestaurantsYear
079611.6 mi12016
079321.8 mi272023
079352.4 mi12016
079282.5 mi322023
079763.9 mi12016
079014.2 mi632023
079814.4 mi122023
079744.5 mi242023
079604.5 mi1092023
079274.8 mi132023
079334.9 mi102023
079365.0 mi542023
Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.