Kenilworth, NJ—07033
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenilworth, NJ
As of Oct '25, the median home price in Kenilworth, NJ is $617,000, with a year-over-year change of 3.0%. This indicates that home prices in Kenilworth, NJ are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $617,000 | 3.0% |
| Single Family | $618,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $602,000 | 3.1% |
4 Bed | $690,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Kenilworth, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenilworth, NJ is 36. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $675,000 | -3.0% |
Listing Count | 18 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 36 | -1.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Kenilworth, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $617,000 |
| Median Household Income | $126,000 |