Berkeley Educators

1.0★☆☆☆☆(2 reviews)

20 Washington St, Tenafly, NJ 07670

Tenafly, New Jersey, United States

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Hours
Closed on Saturday
Weekdays8:30 AM – 5:00 PM
WeekendsClosed
Address
City: Tenafly
Neighborhood: Downtown
State: New Jersey
Postal Code: 07670
Country: United States
Social Media

Business facts

Estimated annual revenue~$557.4K
Estimated employees~8
In business since2023 (est.)
Estimate based on strong signals

Area statistics (07670)

Population15,299
Median household income$207,652
Source: US Census ACS

About

Y2 Academy's SAT/ACT Score Guarantee Programs offer a minimum score increase of 270/6 points or a minimum score of 1500/33 on the actual SAT/ACT tests. The programs help students improve their scores from their initial placement test to the official SAT/ACT before or after the semester, with a 95% or higher success rate. Students must complete assigned homework through the Y2 Online Homework Check System to be eligible for the guarantee. The academy's unique approach to instruction and SAT Score Guarantee Program has led to numerous students receiving perfect scores on college entrance exams and gaining opportunities at top-ranked colleges in the United States.

Wheelchair Accessible
Parking
Categories: Tutoring Service.
ISIC Codes: 8549.

Market analysis

Earning above its category median in a growing category (Tutoring Service).

EstimateCategory trend: 2024, +7.6%

Revenue trend (modeled)

~$429.3K2019
~$344.0K2020
~$399.9K2021
~$475.1K2022
~$513.4K2023
~$557.4K2024
Modeled from official industry statistics+5.4%/yr since 201980% confidence band: ±42%

Property

Lot size24 acres
Land use15A
CountyBergen
Land value$11.8M
Last sale$156.0K (020625)
On this lotshared with 333 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Tutoring Service in New Jersey1,282~$550.8M~$429.6K~$254.0K5.0★2.2×
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Mathnasium, Kumon Math And Reading, Club Z! In-Home Tutoring (+1,079 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)321~$338.3M~$1.1M~$554.0K1,123~$106.4M1.0×
Education32~$43.8M~$1.4M214

1 km area (all businesses): median from the 284 of 321 businesses with estimates

Estimate

Area conditions (07670)

Population15,299 ±23
Median household income$207,652 ±$18,077
Median home value$951,100
Bachelor's degree or higher0.8%
Unemployment rate0.1%
Source: US Census ACS
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