Kenilworth, NJ 07033 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Kenilworth, NJ—07033

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$621,000

2.8% YoY Growth

Household Income

$126,000

28.1% YoY Growth

Days on Market

4.0% Shorter YoY

Home Price Forecast

2.5%

Median Rent

$2,500

4.7% YoY Growth

1-Bed Rent

$1,620

N/A

2-Bed Rent

$2,500

48.9% YoY Growth

3-Bed Rent

$2,200

7.1% YoY Growth

Home Price Trends — Kenilworth, NJ

As of Dec '25, the median home price in Kenilworth, NJ is $621,000, with a year-over-year change of 2.8%. This indicates that home prices in Kenilworth, NJ are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$621,000	2.8%
Single Family	$621,000	3.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Kenilworth, NJ

As of July '25, Rentcast reports the average rent in Kenilworth, NJ is $2,660, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Kenilworth, NJ is 1-bedrooms: $1,790, 2-bedrooms: $2,740, 3-bedrooms: $2,600, 4-bedrooms: $3,520. The most common rental property sizes in Kenilworth, NJ are 3-bedroom and 2-bedroom, accounting for 70.0% and 24.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,660
Studio Rent	N/A	N/A
1 Bed Rent	$1,620	$1,790
2 Bed Rent	$2,500	$2,740
3 Bed Rent	$2,200	$2,600
4 Bed Rent	$3,450	$3,520

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% of Rental Stock

1 Bedroom

2.2%

2 Bedrooms

24.3%

3 Bedrooms

70.0%

4 Bedrooms

3.6%

Property Listings — Kenilworth, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Kenilworth, NJ is 38. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$654,000	8.0%
Listing Count	16	38.0%
Listings as % of Homes	0.5%	38.0%
Days on Market	58	-4.0%

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Demographics — Kenilworth, NJ

As of the latest ACS Survey released in 2023, Kenilworth, NJ has a population of 8,340, which has increased by 2.2% over the past 5 years. Kenilworth, NJ is a popular place for families, as children make up 25.2% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,340	2.2%
% Under 18	25.2%	16.7%
% Seniors	13.9%	-20.1%
% WFH	4.9%	206.2%
% w/ College Degree	34.2%	19.2%

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As of the latest ACS Survey released in 2023, Kenilworth, NJ is a predominantly white area, with 60.9% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in Kenilworth, NJ is hispanic, making up 27.4% of the population. Foreign-born residents account for 15.6% of the population in Kenilworth, NJ, and this percentage has decreased by 20.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	60.9%	-9.2%
% Black	6.9%	228.6%
% Hispanic	27.4%	19.1%
% Asian	0.7%	-86.3%
% Foreign Born	15.6%	-20.4%

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Mortgage and Risk — Kenilworth, NJ

According to HUD data as of 2023, there were 144 mortgage originations in Kenilworth, NJ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Kenilworth, NJ. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	144
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Kenilworth, NJ

As of 2024, the percent of homes in Kenilworth, NJ under the Section 8 program is 0.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Kenilworth, NJ, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$570	$1,620	$2,190
2 Bedroom	$150	$2,500	$2,650
3 Bedroom	$1,140	$2,200	$3,340
4 Bedroom	$350	$3,450	$3,800

Kenilworth, NJ—07033

Key Metrics at a Glance

Home Price Trends — Kenilworth, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kenilworth, NJ

% of Rental Stock

Property Listings — Kenilworth, NJ

Demographics — Kenilworth, NJ

Race and Ethnicity

Mortgage and Risk — Kenilworth, NJ

Mortgages

Rentals and Section 8 — Kenilworth, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Kenilworth, NJ

Home Price to Income Ratio

Kenilworth, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Union, NJ

Roselle Park, NJ

Cranford, NJ

Roselle, NJ

Union, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$621,000
Median Household Income	$126,000

Kenilworth, NJ—07033

Key Metrics at a Glance

Home Price Trends — Kenilworth, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kenilworth, NJ

% of Rental Stock

Property Listings — Kenilworth, NJ

Demographics — Kenilworth, NJ

Race and Ethnicity

Mortgage and Risk — Kenilworth, NJ

Mortgages

Rentals and Section 8 — Kenilworth, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Kenilworth, NJ

Home Price to Income Ratio

Kenilworth, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Union, NJ

Roselle Park, NJ

Cranford, NJ

Roselle, NJ

Union, NJ

Frequently Asked Questions

What is the average home price in Kenilworth, NJ 07033?

How have home prices in Kenilworth, NJ 07033 changed over the past year?

What is the home price projection for Kenilworth, NJ 07033?

What are the demographics of Kenilworth, NJ 07033?

How long does it take homes to sell in Kenilworth, NJ 07033?

What is the average rent price in Kenilworth, NJ 07033?