Kenvil, NJ—07847
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenvil, NJ
As of Oct '25, the median home price in Kenvil, NJ is $500,000, with a year-over-year change of 3.8%. This indicates that home prices in Kenvil, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $500,000 | 3.8% |
| Single Family | $500,000 | 3.1% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,300 |
| Studio Rent | N/A | N/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/A | N/A |
% of Rental Stock
Property Listings — Kenvil, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenvil, NJ is 28. This is a decrease of -43.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 4.0% |
Listing Count | 6 | -12.0% |
| Listings as % of Homes | 0.4% | -12.0% |
Days on Market | 28 | -43.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,770 | 2.2% |
% Under 18 | 21.0% | 3.4% |
% Seniors | 22.2% | 44.2% |
% WFH | 9.6% | 159.5% |
% w/ College Degree | 27.1% | -1.5% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $2,100 | $2,280 |
| 2 Bedroom | $710 | $2,050 | $2,760 |
| 3 Bedroom | $730 | $2,750 | $3,480 |
| 4 Bedroom | N/A | N/A | $3,950 |
Affordability — Kenvil, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $500,000 |
| Median Household Income | $81,300 |