Real Estate Investing in Kenilworth, New Jersey (07033)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 07033 (Kenilworth, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kenilworth, NJ (07033)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 07033 Kenilworth
ZIP 07033 inside Union County looks affordable on the surface — median value of $640K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 07033 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Kenilworth have seen price recovery that 07033 has not matched. Union County data supports the view that the spread is structural rather than temporary.
Who lives in 07033 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Kenilworth:
Property Strategy for 07033
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $601,937 | $3,470 | 4.2% | +8.8% | $200,646 |
| 4BR | $689,880 | $3,940 | 4.1% | +8.7% | $172,470 |
Market Trends
Home Value History (with trend line)
📊 How Does 07033 Compare?
| Metric | 07033 | Kenilworth | New Jersey |
|---|---|---|---|
| Home Value | $639,687 | $639,687 | $559,826 |
| 5-Year CAGR | 5.0% | 5.0% | 8.4% |
| Avg Rent | $2,493 | $2,493 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 07033 (Kenilworth, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Union County
Manage rentals here? List your business →Corner Property Management is a property management company serving New Jersey and Pennsylvania. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $639,687 |
| Monthly Rent | $2,493 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 07033
Population: 8,339
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 07033
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Battle Hill Elementary
Connecticut Farms Elementary
Franklin Elementary
Harrison Elementary School
Hillside Avenue School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,036 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Kenilworth, NJ stack up for property investment?
Kenilworth, NJ reports an investability rating of 3.0/5, with median home values near $640K and average rents around $2,493/mo. That combination puts it in the robust tier for investor interest.
How quickly do rentals get leased in Kenilworth, NJ?
Kenilworth, NJ carries elevated vacancy risk. Expect steady absorption at market rents of $2,493/mo.
Can I live-in-and-rent in Kenilworth, NJ?
House hacking in Kenilworth, NJ is a challenging. With home values around $640K and rents at $2,493/mo, owner-occupants can offset a meaningful share of PITI.
What is the typical home price in Kenilworth, NJ?
In Kenilworth, NJ the median home value sits at $640K. Against the broader NJ market, that reads as reasonable for most investors.
Which real estate strategy fits Kenilworth, NJ?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Kenilworth, NJ. The numbers - $640K homes against $2,493/mo rents - support that play.
You know 07033 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 07033 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 07033 ranks in New York-Newark-Jersey City, NY-NJ-PA
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