1260 Stelton Road • Piscataway, NJ 08854 • Phone (732) 985-1900 • Fax (732) 985-5588

HOME DEPOT PLAZA BRICK, NEW JERSEY

HOME DEPOT PLAZA, Brick, NJ One of three projects currently being developed in Brick, NJ by Edgewood Properties is the new Home Depot Plaza located at the intersection of Route 70 and Route 88. This freestanding future site of Home Depot, the world’s second largest retailer is their second location in the market and involves the future relocation of Costco, the site’s current occupant to another Brick project being developed by Edgewood Properties, Market Place at Brick. Brick Township is widely recognized as the premier retail destination of Ocean County and southern Monmouth County. Some of the nation’s elite retailers, including Lowe’s, Target, Wal Mart, Kohl’s, Shop Rite, Bed, Bath & Beyond, Best Buy, Circuit City, Old Navy, Marshall’s, Barnes & Noble, Petsmart, Sports Authority, Comp USA, Ethan Allen, Modells, etc. boast some of the highest sales volumes in the state and are located in shopping centers along Route 70, making this highway the dominant corridor in the region. Since the year 2000, Brick Township has been deemed the safest "city" (population over 75,000) in New Jersey and in 2003 and 2004, Brick Township held the title of being the second safest city in the United States. Brick Township has a total area of 32.3 miles is bordered to the north by Wall Township, Sea Girt and Spring Lake and to the east by Mantoloking and Bay Head, all of which are recognized as some of the wealthiest regions in the state.

Executive SummaryHome Depot Plaza1722 Route 88, Brick, NJ 08724-3032 Latitude: 40.0722Ring: 3 mile radius Longitude: -74.131

3 miles 5 miles 10 milesPopulation

2000 Population 80,427 179,332 424,521

2010 Population 80,838 199,928 463,295

2012 Population 80,539 200,937 465,383

2017 Population 80,955 203,831 472,153

2000-2010 Annual Rate 0.05% 1.09% 0.88%

2010-2012 Annual Rate -0.16% 0.22% 0.20%

2012-2017 Annual Rate 0.10% 0.29% 0.29%2012 Male Population 47.9% 48.7% 48.3%2012 Female Population 52.1% 51.3% 51.7%2012 Median Age 41.8 36.5 40.7

In the identified area, the current year population is 465,383. In 2010, the Census count in the area was 463,295. The rate of change since2010 was 0.20% annually. The five-year projection for the population in the area is 472,153 representing a change of 0.29% annually from2012 to 2017. Currently, the population is 48.3% male and 51.7% female.

Median Age

The median age in this area is 40.7, compared to U.S. median age of 37.3.

Race and Ethnicity2012 White Alone 89.7% 89.0% 89.5%

2012 Black Alone 3.6% 3.8% 3.6%2012 American Indian/Alaska Native Alone 0.2% 0.2% 0.2%2012 Asian Alone 1.7% 1.4% 2.1%2012 Pacific Islander Alone 0.0% 0.0% 0.0%2012 Other Race 3.1% 4.1% 2.9%2012 Two or More Races 1.7% 1.5% 1.6%2012 Hispanic Origin (Any Race) 10.1% 12.0% 9.7%

Persons of Hispanic origin represent 9.7% of the population in the identified area compared to 16.9% of the U.S. population. Persons ofHispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be fromdifferent race/ethnic groups, is 33.7 in the identified area, compared to 61.4 for the U.S. as a whole.

Households

2000 Households 30,695 67,444 161,3212010 Households 31,213 70,263 171,2192012 Total Households 31,374 70,524 172,1132017 Total Households 31,444 70,648 173,3242000-2010 Annual Rate 0.17% 0.41% 0.60%2010-2012 Annual Rate 0.23% 0.17% 0.23%2012-2017 Annual Rate 0.04% 0.04% 0.14%2012 Average Household Size 2.55 2.81 2.67

The household count in this area has changed from 171,219 in 2010 to 172,113 in the current year, a change of 0.23% annually. The five-year projection of households is 173,324, a change of 0.14% annually from the current year total. Average household size is currently 2.67,compared to 2.67 in the year 2010. The number of families in the current year is 117,282 in the specified area.

July 15, 2013

Made with Esri Business Analyst©2013 Esri www.esri.com/ba 800-447-9778 Try it Now! Page 1 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017. Esri converted Census 2000 data into 2010 geography.

Executive SummaryHome Depot Plaza1722 Route 88, Brick, NJ 08724-3032 Latitude: 40.0722Ring: 10 mile radius Longitude: -74.131

3 miles 5 miles 10 milesMedian Household Income

2012 Median Household Income $63,981 $62,953 $65,8182017 Median Household Income $76,997 $76,550 $79,1462012-2017 Annual Rate 3.77% 3.99% 3.76%

Average Household Income

2012 Average Household Income $80,388 $82,484 $86,3672017 Average Household Income $91,517 $94,704 $99,8302012-2017 Annual Rate 2.63% 2.80% 2.94%

Per Capita Income

2012 Per Capita Income $31,483 $29,578 $32,3762017 Per Capita Income $35,711 $33,484 $37,0892012-2017 Annual Rate 2.55% 2.51% 2.76%

Households by Income

Current median household income is $65,818 in the area, compared to $50,157 for all U.S. households. Median household income isprojected to be $79,146 in five years, compared to $56,895 for all U.S. households

Current average household income is $86,367 in this area, compared to $68,162 for all U.S households. Average household income isprojected to be $99,830 in five years, compared to $77,137 for all U.S. households

Current per capita income is $32,376 in the area, compared to the U.S. per capita income of $26,409. The per capita income is projected tobe $37,089 in five years, compared to $29,882 for all U.S. households Housing

2000 Total Housing Units 32,326 73,647 186,6862000 Owner Occupied Housing Units 24,972 53,160 129,5082000 Owner Occupied Housing Units 5,724 14,285 31,8132000 Vacant Housing Units 1,630 6,202 25,365

2010 Total Housing Units 33,454 78,577 202,5402010 Owner Occupied Housing Units 25,080 52,422 133,1842010 Renter Occupied Housing Units 6,133 17,841 38,0352010 Vacant Housing Units 2,241 8,314 31,321

2012 Total Housing Units 33,810 79,242 203,8802012 Owner Occupied Housing Units 24,786 51,372 131,0322012 Renter Occupied Housing Units 6,589 19,152 41,0812012 Vacant Housing Units 2,436 8,718 31,767

2017 Total Housing Units 34,357 80,448 206,5222017 Owner Occupied Housing Units 25,117 51,838 132,8562017 Renter Occupied Housing Units 6,327 18,810 40,4682017 Vacant Housing Units 2,913 9,800 33,198

Currently, 64.3% of the 203,880 housing units in the area are owner occupied; 20.1%, renter occupied; and 15.6% are vacant. Currently,in the U.S., 56.5% of the housing units in the area are owner occupied; 32.1% are renter occupied; and 11.4% are vacant. In 2010, therewere 202,540 housing units in the area - 65.8% owner occupied, 18.8% renter occupied, and 15.5% vacant. The annual rate of change inhousing units since 2010 is 0.29%. Median home value in the area is $270,526, compared to a median home value of $167,749 for the U.S.In five years, median value is projected to change by 1.32% annually to $288,807.

July 15, 2013

Made with Esri Business Analyst©2013 Esri www.esri.com/ba 800-447-9778 Try it Now! Page 2 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017. Esri converted Census 2000 data into 2010 geography.