Dollar Ruby
649 Communipaw Ave, Jersey City, NJ 07304
Jersey City, New Jersey, United States
Address
City: Jersey City
Neighborhood: West Side
State: New Jersey
Postal Code: 07304
Country: United States
Business facts
Estimated annual revenue~$530.8K
Estimated employees~4
In business since2016 (est.)
Estimate based on strong signals
Area statistics (07304)
Population50,805
Median household income$65,504
Source: US Census ACS
About
Dollar Ruby offers a diverse selection of everyday products, including school supplies, cleaning products, pet supplies, personal hygiene items, home and garden tools, health and beauty products, office supplies, toys, decorations, and food and drink. With a wide range of offerings, Dollar Ruby is a one-stop shop for all daily needs.
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Credit Cards
Debit Card, NFC, Yes
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Dining Options
Delivery
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Wheelchair Accessible
Yes
Market analysis
Earning below its category median in a growing category (Dollar Store).
EstimateCategory trend: 2021, +19.0%
Revenue trend (modeled)
~$342.4K2019
~$326.9K2020
~$430.8K2021
~$477.4K2022
~$504.4K2023
~$530.8K2024
Modeled from category averages for the region+9.2%/yr since 201980% confidence band: ±68%
Property
Lot size0.23 acres
Land use4A
CountyHudson
Land value$495.7K
Last sale$895.0K (101117)
On this lotshared with 626 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Dollar Store in New Jersey | 689 | ~$717.1M | ~$1.0M | ~$931.3K | 4.1★ | 0.6× |
Category revenue trend2021: +19.0%2020: +3.9%2019: +7.5%Modeled from business-level estimates
Chain pressure130 chains expanding in this category, led by Dollar Tree, Family Dollar, Walmart (+2,937 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 1,497 | ~$1.5B | ~$1.0M | ~$454.8K | 5,475 | ~$387.1M | 1.2× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 393 | ~$463.8M | ~$1.2M | — | 1,055 | — | — |
1 km area (all businesses): median from the 1,261 of 1,497 businesses with estimates
Estimate
Area conditions (07304)
Population50,805 ±2,839
Median household income$65,504 ±$3,450
Median home value$466,000
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS