New Jersey micro-market
Healthcare practice financing in Wallington, New Jersey
Direct answer
12,060 residents, 34 enumerated clinicians, 28.2 per 10,000, 18 percent of them in physical, occupational, and speech therapy: that is the Wallington market a funder prices. Bergen County adds 39 healthcare approvals worth $19,343,600 and 16 miles of distance to New York-Newark-Jersey City, NY-NJ.
A location page indicates that Practition Finance is taking clients in that market. It does not represent a physical office, storefront, or licensed presence in that city or state. All services are delivered remotely by our US-based team. How a referral works in New Jersey, and how many partners see it, is set out on the New Jersey page.
- Population: 12,060 residents (10K-25K band)1
- Healthcare providers registered here: 34 across 16 fields2
- Median household income: $82,4223
- Largest provider field: Physical, occupational, and speech therapy: 6 registered providers2
- Nearest metro: New York-Newark-Jersey City, NY-NJ, 16 miles1
- SBA healthcare approvals in the county: 39 approvals totaling $19,343,6004
What NPPES records at Wallington addresses
28.2 providers per 10,000 residents is what 34 enumerations across 16 fields works out to in a town of 12,060
| Field | Providers | Per 10,000 residents | Source |
|---|---|---|---|
| Physical, occupational, and speech therapy | 6 | 5.0 | NPPES [2] |
| General dentistry | 5 | 4.1 | NPPES [2] |
| Primary care and family medicine | 4 | 3.3 | NPPES [2] |
| Chiropractic | 3 | 2.5 | NPPES [2] |
| Specialty physician groups | 3 | 2.5 | NPPES [2] |
| Home health | 2 | 1.7 | NPPES [2] |
| Independent pharmacy | 2 | 1.7 | NPPES [2] |
| Dermatology | 1 | 0.8 | NPPES [2] |
| DME and HME suppliers | 1 | 0.8 | NPPES [2] |
| Urgent care | 1 | 0.8 | NPPES [2] |
| Dental specialties | 1 | 0.8 | NPPES [2] |
| Non-medical home care | 1 | 0.8 | NPPES [2] |
| ABA and autism therapy | 1 | 0.8 | NPPES [2] |
| Hospice and palliative | 1 | 0.8 | NPPES [2] |
| Behavioral and mental health group practices | 1 | 0.8 | NPPES [2] |
| Telehealth and virtual clinics | 1 | 0.8 | NPPES [2] |
Physical, occupational, and speech therapy carries 6 of the 34 enumerated providers here, and several of them can sit inside one practice. Read the column as clinicians, not owners.
The lending record behind Wallington
The published file shows 39 healthcare approvals in Bergen County, $19,343,600 in total, and that history is what an appraiser and a credit committee reach for
| What it measures | Value | How to read it |
|---|---|---|
| Approvals on record | 39 | Counted for the fiscal year the SBA publishes [4] |
| Total approved capital | $19,343,600 | Everything approved to healthcare borrowers, added up [4] |
| Mean deal size | $495,990 | The dollar column over the approval column [4] |
| Lenders sited in the county | 598 | Places that write credit locally, NAICS 522 [5] |
What the two tables above change about a file
The ratio that matters up front is 28.2 per 10,000, which decides whether a ramp schedule reads as conservative. A request measured against 39 prior Bergen County approvals is priced on precedent, which shortens the questions about valuation. A $82,422 median household income here sets the ceiling on what an elective or cash-pay line can be expected to carry.
Where a file from this town usually lands
- Practice acquisition
- Startup and de novo
- Expansion, relocation, and build-out
- Equipment financing and leasing
- Working capital term loan
Built from what is enumerated here rather than from a national list, so a field with no presence in Wallington does not appear. Availability is still a New Jersey question.
Underwriting by field in Wallington
physical, occupational, and speech therapy, general dentistry, primary care and family medicine account for most of what is enumerated in Wallington, so those are the files funders see from this town
| Specialty | Read first in underwriting | Why the money is usually needed |
|---|---|---|
| Physical, occupational, and speech therapy (6) | Visits per case, Referral source concentration, Payer mix and authorization rules | Startup or expansion clinic |
| General dentistry (5) | Three years of collections history, Hygiene as a share of collections, Overhead ratio and owner add-backs | Acquisition of an established practice |
| Primary care and family medicine (4) | Panel size, Value-based contract exposure, Provider productivity | Acquisition |
NPPES supplies the Wallington counts. The reading columns describe the field in general, and no partner reviewing a Wallington file is bound by them.
Wallington against nearby New Jersey markets
Set Wallington's 28.2 per 10,000 against the towns an appraiser would reach for next
| Comparable | People | Enumerations | Per 10,000 residents | Miles |
|---|---|---|---|---|
| Wallington (current) | 12,060 | 34 | 28.2 | |
| Passaic | 70,722 | 357 | 50.5 | 1 |
| Lodi | 26,358 | 113 | 42.9 | 2 |
| Hasbrouck Heights | 12,253 | 89 | 72.6 | 2 |
| Rutherford | 19,214 | 189 | 98.4 | 2 |
| Garfield | 33,530 | 97 | 28.9 | 2 |
| Clifton | 90,322 | 1,120 | 124.0 | 3 |
What the geography does to a Wallington projection
16 miles separate Wallington from New York-Newark-Jersey City, NY-NJ. Lease pricing follows New York-Newark-Jersey City, NY-NJ, while revenue stays capped by the 12,060 residents here. At $82,422 median household income, the elective and cash-pay share of a projection is the line that gets tested first. No hospital operates here, so the referral sources and the call arrangement have to be named rather than assumed.
Nearby New Jersey towns
- Passaic 70,722 residents
- Lodi 26,358 residents
- Hasbrouck Heights 12,253 residents
- Rutherford 19,214 residents
- Garfield 33,530 residents
- Clifton 90,322 residents
Wallington owners, answered
01How many providers practice in Wallington, and in what?
NPPES lists 34 providers at a Wallington practice address, 28.2 per 10,000 residents across 16 tracked fields. Physical, occupational, and speech therapy accounts for 6 of them, 18 percent of the total, with general dentistry next at 5. Read that as clinicians: 34 enumerations, not 34 owners.
02What does SBA lending look like around Wallington?
The county file behind Wallington holds 39 healthcare approvals totaling $19,343,600, an average of $495,990. Those are the loan sizes lenders in Bergen County have already carried.
03Is Wallington underwritten as part of New York-Newark-Jersey City, NY-NJ?
Partly. New York-Newark-Jersey City, NY-NJ is 16 miles out, so rent and equipment comparables travel in from there while patients still come from the 12,060 residents around Wallington. Cost side metro, revenue side local.
04Is there local lending capacity in Bergen County?
County Business Patterns records 598 credit intermediation establishments in Bergen County. That is the local origination bench, and it decides whether a file gets underwritten by somebody who has seen Wallington rents and resale before or by somebody working from a screen.
05What does the underserved designation in Bergen County support?
Bergen County carries a medically underserved designation. It evidences unmet demand behind a capacity build, and it opens recruitment programs that make a staffing line in a projection easier to defend than local wage data alone would.
06Which fields carry the volume in Wallington?
Physical, occupational, and speech therapy at 6 providers and general dentistry at 5 lead the 16 fields enumerated here. A funder reads that mix as the local competition set and the local hiring pool at once, before it reads a single line of your own numbers.
Sources
- 1U.S. Census Bureau, Population Estimates, vintage 2024
- 2CMS NPPES, monthly full replacement file
- 3U.S. Census Bureau, ACS 5-year 2023, table B19013
- 4U.S. Small Business Administration, 7(a) and 504 approvals
- 5U.S. Census Bureau, County Business Patterns 2022
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