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  4. /Kenilworth, NJ - 07033

Kenilworth, NJ—07033

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$640,000
2.8% YoY Growth
Household Income
$126,000
28.1% YoY Growth
Days on Market
25
11.0% Shorter YoY
Home Price Forecast
2.2%
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
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Kenilworth, NJ

As of May '26, the median home price in Kenilworth, NJ is $640,000, 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 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$640,0002.8%
Single Family $639,0002.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    N/AN/A
    3 Bed
    $618,0001.0%
    4 Bed
    $713,0001.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.0%
    1 Bedroom
    0.6%
    2 Bedrooms
    19.2%
    3 Bedrooms
    53.5%
    4 Bedrooms
    19.0%
    5+ Bedrooms
    5.8%

    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.

    TypeMedian RentAverage Rent
    Average Rent$2,500$2,660
    Studio Rent N/AN/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 May '26, Realtor.com reports that the median days on market for a home in Kenilworth, NJ is 25. This is a decrease of -11.0% 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
    $584,000-7.0%
    Listing Count
    2032.0%
    Listings as % of Homes0.5%32.0%
    Days on Market
    25-11.0%
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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.

    MetricLatest CensusYoY % Change
    Population
    8,3402.2%
    % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$640,000
    Median Household Income$126,000

    Kenilworth, NJ — ZIP Code Boundary Map

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    Frequently Asked Questions