Conservative Threads

130 New Rd Apt N5, Parsippany, NJ 07054

Parsippany-Troy Hills, New Jersey, United States

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Address
City: Parsippany-Troy Hills
Neighborhood: Hanover Neck
State: New Jersey
Postal Code: 07054
Country: United States
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Business facts

Estimated annual revenue~$843.0K
Estimated employees~3
Estimate based on moderate signals

Area statistics (07054)

Population30,392
Median household income$105,434
Source: US Census ACS

About

Conservative Threads is located in Parsippany-Troy Hills, New Jersey. This business is working in the following industry: Retail sale of clothing, footwear and leather articles in specialized stores.

Wheelchair Accessible
Parking
Categories: Retail sale of clothing, footwear and leather articles in specialized stores.
ISIC Codes: 4771.

Market analysis

Earning above its category median in a growing category (Retail sale of clothing, footwear and leather articles in specialized stores).

EstimateCategory trend: 2021, +11.6%

Revenue trend (modeled)

~$737.0K2019
~$574.2K2020
~$684.2K2021
~$758.1K2022
~$801.0K2023
~$843.0K2024
Modeled from category averages for the region+2.7%/yr since 201980% confidence band: ±68%

Property

Lot size7.58 acres
Land use15C
CountyMorris
Land value$75.8K
Last sale$28.5K (010215)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Retail sale of clothing, footwear and leather articles in specialized stores in New Jersey15,014~$14.3B~$957.6K~$657.2K4.4★1.3×
Category revenue trend2021: +11.6%2020: -21.1%2019: +1.2%Modeled from business-level estimates
Chain pressure126 chains expanding in this category, led by Spirit Halloween, Gap, Aramani (+418 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)189~$528.6M~$2.8M~$671.8K1,317~$132.7M1.3×
Wholesale and retail trade; repair of motor vehicles and motorcycles45~$339.2M~$7.5M402

1 km area (all businesses): median from the 154 of 189 businesses with estimates

Estimate

Area conditions (07054)

Population30,392 ±1,207
Median household income$105,434 ±$6,613
Median home value$558,400
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS
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