Mountain View Developments

603 Springfield Ave, Summit, NJ 07901

Summit, New Jersey, United States

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Address
City: Summit
State: New Jersey
Postal Code: 07901
Country: United States
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Business facts

Estimated annual revenue~$1.4M
Estimated employees~3
Estimated wage bill~$224.7K
Estimate based on moderate signals

Area statistics (07901)

Population24,281
Median household income$170,275
Source: US Census ACS

About

Mountain View Developments is located in Summit, New Jersey. This business is working in the following industry: Real Estate Developer.

Wheelchair Accessible
Parking
Categories: Real Estate Developer.
ISIC Codes: 6820.

Market analysis

Earning above its category median in a stable category (Real Estate Developer).

EstimateCategory trend: 2024, +1.9%

Revenue trend (modeled)

~$1.3M2019
~$1.6M2020
~$1.7M2021
~$1.7M2022
~$1.6M2023
~$1.4M2024
Modeled from official industry statistics+1.2%/yr since 201980% confidence band: ±42%

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Real Estate Developer in New Jersey821~$2.0B~$2.5M~$1.2M4.7★1.2×
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure258 chains expanding in this category, led by Dana Jensen, Weichert, Rosie Realty (+1,490 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)119~$320.7M~$2.7M~$811.7K657~$70.6M1.7×
Real estate activities19~$62.1M~$3.3M58

1 km area (all businesses): median from the 96 of 119 businesses with estimates

Estimate

Area conditions (07901)

Population24,281 ±363
Median household income$170,275 ±$20,023
Median home value$904,500
Bachelor's degree or higher0.7%
Unemployment rate0.1%
Source: US Census ACS
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