How Much Does It Cost to Start a Business in Newark, NJ?
Population: 311,549 | Cost of living: 115.2% | Sales tax: 6.625% | Min wage: $15.49
Startup Costs by Industry in Newark
| Industry | Estimated Startup Cost | National Average | Local Difference |
|---|---|---|---|
| Accounting Firm | $27,000 - $120,000 | $15,000 - $60,000 | +96% |
| Acupuncture Practice | $9,000 - $55,000 | $10,000 - $60,000 | -9% |
| Affiliate Marketing Business | $11,000 - $59,000 | $500 - $5,000 | +1173% |
| After-School Program | $30,000 - $167,000 | $20,000 - $100,000 | +64% |
| AI Consulting Business | $16,000 - $99,000 | $2,000 - $50,000 | +121% |
| Airbnb Rental Business | $20,000 - $101,000 | $10,000 - $50,000 | +102% |
| Amazon FBA Business | $17,000 - $115,000 | $5,000 - $50,000 | +140% |
| App Development | $27,000 - $162,000 | $15,000 - $100,000 | +64% |
| Aquaponics Farm | $28,000 - $191,000 | $20,000 - $150,000 | +29% |
| Arcade & Gaming Center | $92,000 - $550,000 | $100,000 - $500,000 | +7% |
| ATM Business | $5,000 - $54,000 | $3,000 - $30,000 | +79% |
| Auto Detailing | $18,000 - $110,000 | $5,000 - $75,000 | +60% |
| Auto Repair Shop | $66,000 - $353,000 | $50,000 - $300,000 | +20% |
| Axe Throwing Venue | $45,000 - $237,000 | $50,000 - $200,000 | +13% |
| Bakery | $67,000 - $295,000 | $60,000 - $250,000 | +17% |
| Bar | $99,000 - $407,000 | $100,000 - $400,000 | +1% |
| Barbershop | $52,000 - $204,000 | $50,000 - $150,000 | +28% |
| Beauty Supply Store | $25,000 - $121,000 | $30,000 - $150,000 | -19% |
| Bed & Breakfast | $127,000 - $636,000 | $100,000 - $500,000 | +27% |
| Beekeeping Business | $21,000 - $103,000 | $10,000 - $50,000 | +107% |
| Bike Shop | $25,000 - $159,000 | $30,000 - $200,000 | -20% |
| Auto Body Shop | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Bookkeeping Service | $3,000 - $18,000 | $2,000 - $10,000 | +75% |
| Bookstore | $53,000 - $235,000 | $40,000 - $200,000 | +20% |
| Boutique | $57,000 - $284,000 | $50,000 - $250,000 | +14% |
| Bowling Alley | $438,000 - $2,786,000 | $500,000 - $3,000,000 | -8% |
| Brewery | $223,000 - $1,253,000 | $250,000 - $1,500,000 | -16% |
| Campground | $124,000 - $1,175,000 | $100,000 - $1,000,000 | +18% |
| Candy Shop | $22,000 - $109,000 | $20,000 - $100,000 | +9% |
| Car Rental Business | $53,000 - $498,000 | $50,000 - $500,000 | Avg |
| Car Wash | $93,000 - $565,000 | $75,000 - $500,000 | +14% |
| Carpentry Business | $29,000 - $147,000 | $15,000 - $75,000 | +96% |
| Carpet Cleaning Business | $5,000 - $33,000 | $5,000 - $30,000 | +9% |
| Catering Business | $35,000 - $180,000 | $20,000 - $125,000 | +48% |
| Chiropractic | $98,000 - $369,000 | $100,000 - $350,000 | +4% |
| Christmas Tree Farm | $36,000 - $205,000 | $20,000 - $100,000 | +101% |
| Cleaning Service | $16,000 - $93,000 | $5,000 - $50,000 | +98% |
| Clothing Store | $21,000 - $121,000 | $25,000 - $150,000 | -19% |
| Coding Bootcamp | $9,000 - $85,000 | $10,000 - $100,000 | -15% |
| Coffee Roastery | $32,000 - $321,000 | $20,000 - $300,000 | +10% |
| Coffee Shop | $73,000 - $299,000 | $80,000 - $300,000 | -2% |
| Computer Repair Business | $5,000 - $33,000 | $5,000 - $30,000 | +9% |
| Concrete Business | $39,000 - $206,000 | $30,000 - $150,000 | +36% |
| Construction Company | $71,000 - $565,000 | $50,000 - $500,000 | +16% |
| Consulting Business | $19,000 - $114,000 | $5,000 - $50,000 | +142% |
| Convenience Store | $48,000 - $313,000 | $50,000 - $350,000 | -10% |
| Courier & Delivery Service | $17,000 - $103,000 | $5,000 - $50,000 | +118% |
| Coworking Space | $81,000 - $385,000 | $100,000 - $500,000 | -22% |
| Cybersecurity Firm | $9,000 - $85,000 | $10,000 - $100,000 | -15% |
| Dance Studio | $40,000 - $189,000 | $30,000 - $150,000 | +27% |
| Daycare | $57,000 - $244,000 | $50,000 - $300,000 | -14% |
| Demolition Company | $72,000 - $336,000 | $50,000 - $250,000 | +36% |
| Dental Practice | $329,000 - $839,000 | $350,000 - $750,000 | +6% |
| Digital Marketing | $19,000 - $108,000 | $5,000 - $50,000 | +131% |
| Distillery | $92,000 - $844,000 | $100,000 - $1,000,000 | -15% |
| Dog Daycare | $48,000 - $328,000 | $40,000 - $350,000 | -4% |
| Dog Grooming Business | $20,000 - $108,000 | $10,000 - $50,000 | +113% |
| Dog Training Business | $13,000 - $73,000 | $2,000 - $20,000 | +291% |
| Dog Walking Business | $11,000 - $57,000 | $500 - $5,000 | +1136% |
| Donut Shop | $48,000 - $231,000 | $50,000 - $250,000 | -7% |
| Driving School | $34,000 - $155,000 | $25,000 - $100,000 | +51% |
| Drone Business | $14,000 - $86,000 | $3,000 - $50,000 | +89% |
| Dropshipping Business | $12,000 - $64,000 | $500 - $10,000 | +624% |
| Electrical | $28,000 - $142,000 | $15,000 - $100,000 | +48% |
| Embroidery & Custom Apparel | $9,000 - $48,000 | $10,000 - $50,000 | -5% |
| Escape Room | $52,000 - $341,000 | $50,000 - $300,000 | +12% |
| Etsy Shop | $11,000 - $58,000 | $500 - $5,000 | +1155% |
| Event Planning Business | $17,000 - $85,000 | $5,000 - $30,000 | +191% |
| Excavation Business | $98,000 - $442,000 | $80,000 - $350,000 | +26% |
| Farm | $56,000 - $603,000 | $50,000 - $500,000 | +20% |
| Fast Food Franchise | $142,000 - $2,257,000 | $100,000 - $2,500,000 | -8% |
| Fencing Business | $9,000 - $48,000 | $10,000 - $50,000 | -5% |
| Financial Advisory Practice | $9,000 - $48,000 | $10,000 - $50,000 | -5% |
| Fitness Studio | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Flooring Business | $22,000 - $122,000 | $10,000 - $60,000 | +106% |
| Flower Shop | $41,000 - $216,000 | $30,000 - $175,000 | +25% |
| Food Delivery Service | $25,000 - $136,000 | $10,000 - $75,000 | +89% |
| Food Truck | $70,000 - $271,000 | $50,000 - $200,000 | +36% |
| Franchise Business | $37,000 - $1,182,000 | $20,000 - $1,000,000 | +20% |
| Garage Door Business | $9,000 - $48,000 | $10,000 - $50,000 | -5% |
| Gas Station | $199,000 - $1,518,000 | $250,000 - $2,000,000 | -24% |
| General Contractor | $43,000 - $252,000 | $30,000 - $200,000 | +28% |
| Ghost Kitchen | $22,000 - $109,000 | $20,000 - $100,000 | +9% |
| Gift Shop | $41,000 - $200,000 | $30,000 - $150,000 | +34% |
| Glamping Business | $17,000 - $159,000 | $20,000 - $200,000 | -20% |
| Graphic Design Business | $15,000 - $74,000 | $3,000 - $20,000 | +287% |
| Greenhouse Business | $36,000 - $259,000 | $30,000 - $200,000 | +28% |
| Grocery Store | $118,000 - $1,461,000 | $80,000 - $2,000,000 | -24% |
| Gym | $97,000 - $482,000 | $50,000 - $500,000 | +5% |
| Hair Salon | $68,000 - $263,000 | $60,000 - $200,000 | +27% |
| Handyman | $19,000 - $94,000 | $5,000 - $40,000 | +151% |
| Home Health Care Agency | $57,000 - $357,000 | $40,000 - $350,000 | +6% |
| Home Inspection Business | $7,000 - $34,000 | $5,000 - $25,000 | +37% |
| Hostel | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Hotel | $585,000 - $5,530,000 | $500,000 - $5,000,000 | +11% |
| HVAC | $36,000 - $183,000 | $20,000 - $150,000 | +29% |
| Ice Cream Shop | $63,000 - $330,000 | $50,000 - $300,000 | +12% |
| Insurance Agency | $31,000 - $137,000 | $20,000 - $80,000 | +68% |
| Interior Design Business | $5,000 - $33,000 | $5,000 - $30,000 | +9% |
| IT Services | $26,000 - $148,000 | $15,000 - $100,000 | +51% |
| Jewelry Store | $41,000 - $197,000 | $50,000 - $250,000 | -21% |
| Juice Bar | $50,000 - $240,000 | $40,000 - $200,000 | +21% |
| Junk Removal Business | $5,000 - $48,000 | $5,000 - $50,000 | -4% |
| Landscaping | $23,000 - $128,000 | $10,000 - $80,000 | +68% |
| Language School | $9,000 - $66,000 | $10,000 - $75,000 | -12% |
| Laundromat | $149,000 - $825,000 | $200,000 - $1,000,000 | -19% |
| Lavender Farm | $17,000 - $85,000 | $20,000 - $100,000 | -15% |
| Law Firm | $54,000 - $253,000 | $50,000 - $200,000 | +23% |
| Liquor Store | $92,000 - $354,000 | $100,000 - $400,000 | -11% |
| Locksmith Business | $5,000 - $33,000 | $5,000 - $30,000 | +9% |
| Managed IT Services | $9,000 - $66,000 | $10,000 - $75,000 | -12% |
| Manufacturing Business | $73,000 - $1,124,000 | $50,000 - $1,000,000 | +14% |
| Marketing Agency | $27,000 - $146,000 | $10,000 - $75,000 | +104% |
| Martial Arts Studio | $38,000 - $189,000 | $30,000 - $150,000 | +26% |
| Masonry Business | $28,000 - $145,000 | $15,000 - $80,000 | +82% |
| Massage Therapy Practice | $5,000 - $48,000 | $5,000 - $50,000 | -4% |
| Meal Prep Business | $27,000 - $132,000 | $15,000 - $100,000 | +38% |
| Med Spa | $218,000 - $647,000 | $250,000 - $600,000 | +2% |
| Medical Practice | $108,000 - $611,000 | $70,000 - $500,000 | +26% |
| Microgreens Farm | $3,000 - $21,000 | $2,000 - $15,000 | +41% |
| Mini Golf Course | $93,000 - $528,000 | $100,000 - $500,000 | +4% |
| Mobile Mechanic | $17,000 - $99,000 | $5,000 - $50,000 | +111% |
| Moving Company | $36,000 - $183,000 | $20,000 - $150,000 | +29% |
| Mushroom Farm | $20,000 - $128,000 | $10,000 - $80,000 | +64% |
| Music School | $36,000 - $178,000 | $25,000 - $120,000 | +48% |
| Nail Salon | $46,000 - $194,000 | $40,000 - $150,000 | +26% |
| Notary Business | $2,000 - $14,000 | $1,000 - $5,000 | +167% |
| Plant Nursery | $38,000 - $218,000 | $25,000 - $150,000 | +46% |
| Oil Change Shop | $54,000 - $295,000 | $40,000 - $250,000 | +20% |
| Online Coaching Business | $12,000 - $70,000 | $1,000 - $10,000 | +645% |
| Online Store | $13,000 - $91,000 | $2,000 - $30,000 | +225% |
| Painting | $19,000 - $101,000 | $5,000 - $50,000 | +118% |
| Pawn Shop | $41,000 - $159,000 | $50,000 - $200,000 | -20% |
| Personal Training | $22,000 - $141,000 | $10,000 - $100,000 | +48% |
| Pest Control | $26,000 - $128,000 | $10,000 - $75,000 | +81% |
| Pet Boarding Facility | $59,000 - $491,000 | $50,000 - $500,000 | Avg |
| Pet Sitting Business | $11,000 - $55,000 | $500 - $5,000 | +1100% |
| Pet Store | $65,000 - $333,000 | $60,000 - $300,000 | +11% |
| Pharmacy | $293,000 - $1,521,000 | $250,000 - $1,700,000 | -7% |
| Phone Repair Shop | $9,000 - $48,000 | $10,000 - $50,000 | -5% |
| Photography Business | $21,000 - $123,000 | $10,000 - $50,000 | +140% |
| Physical Therapy Clinic | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Pilates Studio | $25,000 - $121,000 | $30,000 - $150,000 | -19% |
| Pizza Shop | $70,000 - $272,000 | $75,000 - $300,000 | -9% |
| Plumbing | $26,000 - $139,000 | $15,000 - $100,000 | +43% |
| Podcast Studio | $27,000 - $135,000 | $15,000 - $80,000 | +71% |
| Pool Construction Business | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Pool Cleaning & Service | $5,000 - $29,000 | $5,000 - $25,000 | +13% |
| Preschool | $84,000 - $339,000 | $80,000 - $300,000 | +11% |
| Pressure Washing Business | $3,000 - $24,000 | $3,000 - $20,000 | +17% |
| Print-on-Demand Business | $11,000 - $61,000 | $500 - $8,000 | +747% |
| Printing Business | $58,000 - $289,000 | $50,000 - $250,000 | +16% |
| Property Management Company | $15,000 - $82,000 | $5,000 - $50,000 | +76% |
| Real Estate Agency | $39,000 - $171,000 | $25,000 - $100,000 | +68% |
| Real Estate Investment Business | $28,000 - $528,000 | $20,000 - $500,000 | +7% |
| Recording Studio | $54,000 - $257,000 | $50,000 - $200,000 | +24% |
| Restaurant | $96,000 - $388,000 | $75,000 - $250,000 | +49% |
| Retail Store | $51,000 - $283,000 | $50,000 - $250,000 | +11% |
| Roofing | $36,000 - $191,000 | $20,000 - $150,000 | +34% |
| SaaS Company | $35,000 - $254,000 | $25,000 - $200,000 | +28% |
| Security Company | $25,000 - $152,000 | $10,000 - $100,000 | +61% |
| Self-Storage Facility | $402,000 - $4,752,000 | $500,000 - $5,000,000 | -6% |
| Senior Care Facility | $121,000 - $1,163,000 | $100,000 - $1,500,000 | -20% |
| SEO Agency | $19,000 - $109,000 | $5,000 - $50,000 | +133% |
| Sign Shop | $17,000 - $85,000 | $20,000 - $100,000 | -15% |
| Smoke Shop | $25,000 - $121,000 | $30,000 - $150,000 | -19% |
| Solar Installation Business | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Spa | $98,000 - $385,000 | $100,000 - $350,000 | +7% |
| Staffing Agency | $47,000 - $213,000 | $30,000 - $150,000 | +44% |
| Subscription Box Business | $16,000 - $105,000 | $5,000 - $50,000 | +120% |
| Swim School | $41,000 - $235,000 | $50,000 - $300,000 | -21% |
| Tanning Salon | $41,000 - $197,000 | $50,000 - $250,000 | -21% |
| Tattoo Shop | $25,000 - $121,000 | $30,000 - $150,000 | -19% |
| Tax Preparation Business | $19,000 - $97,000 | $8,000 - $40,000 | +142% |
| Tech Startup | $31,000 - $216,000 | $20,000 - $150,000 | +45% |
| Thrift Store | $30,000 - $162,000 | $20,000 - $120,000 | +37% |
| Tire Shop | $65,000 - $317,000 | $50,000 - $250,000 | +27% |
| Tour Company | $23,000 - $135,000 | $10,000 - $80,000 | +76% |
| Towing Company | $64,000 - $332,000 | $50,000 - $300,000 | +13% |
| Trampoline Park | $371,000 - $1,712,000 | $500,000 - $2,000,000 | -17% |
| Travel Agency | $17,000 - $89,000 | $5,000 - $30,000 | +203% |
| Tree Service | $13,000 - $85,000 | $15,000 - $100,000 | -15% |
| Trucking Company | $22,000 - $297,000 | $15,000 - $400,000 | -23% |
| Tutoring Business | $13,000 - $66,000 | $2,000 - $15,000 | +365% |
| Used Car Dealer | $58,000 - $381,000 | $50,000 - $350,000 | +10% |
| Vape Shop | $39,000 - $187,000 | $25,000 - $150,000 | +29% |
| Vending Machine Business | $8,000 - $73,000 | $5,000 - $50,000 | +47% |
| Veterinary Clinic | $305,000 - $1,850,000 | $300,000 - $2,000,000 | -6% |
| Videography Business | $23,000 - $113,000 | $10,000 - $60,000 | +94% |
| Virtual Assistant Business | $2,000 - $13,000 | $500 - $3,000 | +329% |
| Waste Management Business | $46,000 - $479,000 | $30,000 - $500,000 | -1% |
| Web Design Business | $14,000 - $77,000 | $3,000 - $25,000 | +225% |
| Wedding Planning Business | $17,000 - $83,000 | $5,000 - $30,000 | +186% |
| Welding Business | $30,000 - $164,000 | $15,000 - $100,000 | +69% |
| Window Cleaning Business | $3,000 - $21,000 | $2,000 - $15,000 | +41% |
| Winery | $90,000 - $1,026,000 | $100,000 - $1,000,000 | +1% |
| Yoga Studio | $57,000 - $234,000 | $50,000 - $200,000 | +16% |
Advertisement
Local Market Factors in Newark
115.2%
Cost of Living Index
$16-$38
Commercial Rent ($/sqft/yr)
1.14x
Labor Rate Index
6.625%
Sales Tax Rate
Local Permit Fees in Newark
| Permit | Cost Range |
|---|---|
| Business License | $75 - $350 |
| Food Service Permit | $300 - $700 |
| Liquor License | $10,000 - $50,000 |
| General Contractor License | $150 - $500 |
| Home Occupation Permit | $25 - $100 |
About Starting a Business in Newark
Newark is New Jersey's largest city and a major transportation hub with its own international airport, deep-water port, and extensive rail connections. The city has seen significant revitalization with new mixed-use developments, attracting entrepreneurs seeking lower costs than Manhattan just 20 minutes away.
Advertisement