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Kenvil, NJ—07847

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$496,000
3.0% YoY Growth
Household Income
$81,300
27.4% YoY Growth
Days on Market
14
74.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$2,100
14.8% YoY Growth
1-Bed Rent
$2,100
N/A
2-Bed Rent
$2,050
2.5% YoY Growth
3-Bed Rent
$2,750
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Kenvil, NJ

As of Dec '25, the median home price in Kenvil, NJ is $496,000, with a year-over-year change of 3.0%. This indicates that home prices in Kenvil, NJ are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$496,0003.0%
Single Family $496,0002.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    1.2%
    2 Bedrooms
    36.5%
    3 Bedrooms
    48.0%
    4 Bedrooms
    13.3%

    Rental Trends — Kenvil, NJ

    As of July '25, Rentcast reports the average rent in Kenvil, NJ is $2,300, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Kenvil, NJ is 1-bedrooms: $2,100, 2-bedrooms: $2,050, 3-bedrooms: $2,750. The most common rental property sizes in Kenvil, NJ are 2-bedroom and 3-bedroom, accounting for 76.4% and 17.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,100$2,300
    Studio Rent N/AN/A
    1 Bed Rent $2,100$2,100
    2 Bed Rent $2,050$2,050
    3 Bed Rent $2,750$2,750
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    5.7%
    2 Bedrooms
    76.4%
    3 Bedrooms
    17.9%

    Property Listings — Kenvil, NJ

    As of Dec '25, Realtor.com reports that the median days on market for a home in Kenvil, NJ is 20. This is a decrease of -70.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $712,00027.0%
    Listing Count
    645.0%
    Listings as % of Homes0.4%45.0%
    Days on Market
    14-74.0%
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    Demographics — Kenvil, NJ

    As of the latest ACS Survey released in 2023, Kenvil, NJ has a population of 1,770, which has increased by 2.2% over the past 5 years. Kenvil, NJ is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    1,7702.2%
    % Under 18
    21.0%3.4%
    % Seniors
    22.2%44.2%
    % WFH
    9.6%159.5%
    % w/ College Degree
    27.1%-1.5%
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    As of the latest ACS Survey released in 2023, Kenvil, NJ is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Kenvil, NJ is hispanic, making up 18.5% of the population. Foreign-born residents account for 12.4% of the population in Kenvil, NJ, and this percentage has increased by 29.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    71.2%-4.2%
    % Black
    9.8%48.5%
    % Hispanic
    18.5%33.1%
    % Asian
    0.0%-100.0%
    % Foreign Born
    12.4%29.2%
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    Mortgage and Risk — Kenvil, NJ

    According to HUD data as of 2023, there were 69 mortgage originations in Kenvil, NJ, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Kenvil, NJ. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    69
    % Conventional Loans
    83.0%
    % Government Loans
    17.0%
    % Investor Loans
    1.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    16.0%
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    Rentals and Section 8 — Kenvil, NJ

    Kenvil, NJ lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    8
    Total Units Section 8
    6
    % Rentals under Section 8
    4.3%
    % Occupied Section 8
    N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$180$2,100$2,280
    2 Bedroom$710$2,050$2,760
    3 Bedroom$730$2,750$3,480
    4 BedroomN/AN/A$3,950

    Affordability — Kenvil, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5
    Median Home Price$496,000
    Median Household Income$81,300

    Kenvil, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    07803

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    Frequently Asked Questions