Mega Engineering

3.7★★★★☆(3 reviews)

29 Pangborn Pl, Hackensack, NJ 07601

Hackensack, New Jersey, United States

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About

Mega Engineering is located in Hackensack, New Jersey, and was founded in 1989. At this location, Mega Engineering employs approximately 16 people. This business is working in the following industry: Engineer. Annual sales for Mega Engineering are around $1.0M – $5.0M.

ℹ️
Diversity Management
Woman Led
🅿️
Parking
Yes
Wheelchair Accessible
Parking, Yes
Categories: Engineer.
ISIC Codes: 7110.

Market analysis

Earning around its category median in a growing category (Engineer).

EstimateCategory trend: 2024, +7.0%

Revenue trend (modeled)

~$1.3M2019
~$1.3M2020
~$1.3M2021
~$1.4M2022
~$1.5M2023
~$1.6M2024
Modeled from official industry statistics+4.4%/yr since 201980% confidence band: ±42%

Company profile

Incorporated1989 (NJ)
Employees (reported band)10-11
Facility size~1,000 sq ft
Observed

Property

Lot size0.83 acres
Land use15F
CountyBergen
Land value$1.7M
Last sale$4.4M (221027)
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$101.3K · 9 jobs reported · implies ~$486.4K annual payroll · $101.8K forgiven
Second PPP loan (2021)$90.3K · 8 jobs reported · $90.8K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Engineer in New Jersey448~$1.7B~$3.9M~$1.6M5.0★1.0×
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure24 chains expanding in this category, led by VCA Group, Dynamic Earth LLC, Maser Consulting (+48 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)1,445~$2.2B~$1.5M~$648.7K7,272~$635.0M2.4×
Professional, scientific and technical activities103~$238.8M~$2.3M355

1 km area (all businesses): median from the 1,188 of 1,445 businesses with estimates

Estimate

Area conditions (07601)

Population45,758 ±38
Median household income$79,133 ±$5,331
Median home value$353,000
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS
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