Kendall Park, NJ—08824
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kendall Park, NJ
As of Oct '25, the median home price in Kendall Park, NJ is $718,000, with a year-over-year change of 3.4%. This indicates that home prices in Kendall Park, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $718,000 | 3.4% |
| Single Family | $721,000 | 2.6% |
| 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 | $609,000 | 4.1% |
4 Bed | $799,000 | 3.8% |
| 5 Bed | $903,000 | 3.7% |
% of Housing Stock
Rental Trends — Kendall Park, NJ
As of July '25, Rentcast reports the average rent in Kendall Park, NJ is $4,240, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Kendall Park, NJ is 1-bedrooms: $1,920, 2-bedrooms: $2,600, 3-bedrooms: $3,190, 4-bedrooms: $5,420. The most common rental property sizes in Kendall Park, NJ are 1-bedroom and 3-bedroom, accounting for 49.3% and 21.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $4,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,920 |
| 2 Bed Rent | $2,600 | $2,600 |
| 3 Bed Rent | $3,000 | $3,190 |
| 4 Bed Rent | $4,900 | $5,420 |
% of Rental Stock
Property Listings — Kendall Park, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Kendall Park, NJ is 42. This is a increase 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 | $698,000 | -3.0% |
Listing Count | 38 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 42 | 1.0% |
Demographics — Kendall Park, NJ
As of the latest ACS Survey released in 2023, Kendall Park, NJ has a population of 13,900, which has increased by 12.7% over the past 5 years. Kendall Park, NJ is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 65.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | 12.7% |
% Under 18 | 21.4% | -16.1% |
% Seniors | 17.7% | 24.6% |
% WFH | 22.2% | 236.4% |
% w/ College Degree | 65.7% | 9.1% |
As of the latest ACS Survey released in 2023, Kendall Park, NJ is a predominantly white area, with 44.8% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Kendall Park, NJ is asian, making up 40.9% of the population. Foreign-born residents account for 34.0% of the population in Kendall Park, NJ, and this percentage has increased by 7.3% 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 | 44.8% | -0.2% |
% Black | 4.2% | -44.7% |
% Hispanic | 5.9% | -49.6% |
% Asian | 40.9% | 19.6% |
% Foreign Born | 34.0% | 7.3% |
Mortgage and Risk — Kendall Park, NJ
According to HUD data as of 2023, there were 270 mortgage originations in Kendall Park, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Kendall Park, NJ. Investor activity is low, as 1.0% 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 | 270 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Kendall Park, NJ
As of 2024, the percent of homes in Kendall Park, NJ under the Section 8 program is 11.4%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Kendall Park, NJ, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,900 | $2,080 |
| 2 Bedroom | $10 | $2,600 | $2,610 |
| 3 Bedroom | $150 | $3,000 | $3,150 |
| 4 Bedroom | -$1,440 | $4,900 | $3,460 |
Affordability — Kendall Park, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $718,000 |
| Median Household Income | $181,000 |