Commercial Real Estate Market in Kenilworth, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 332 off-market properties in Kenilworth, NJ. Commercial property asks $143/SF to buy and $16.50/SF/Yr to lease.
Market Trends
Kenilworth, NJ spans 2.1 square miles in Union County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Kenilworth, NJ asks $283/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Kenilworth, NJ asks $403/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Kenilworth, NJ runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Kenilworth, NJ asks $288/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 36.8%
- Industrial 26.6%
- Open space 21.6%
- Commercial 8.3%
- Civic 3%
Largest Zones share of zoned land by district
Medium Density Single Family Residential Zone
Park Zone
Industrial Zone
Office Research Zone
High Density One And Two Family Residential Zone
Kenilworth, NJ zones 1,326 acres across 12 districts. Commercial zoning covers 8.3% of zoned land, residential 36.8%, open space 21.6% and industrial 26.6%. The largest single district is Medium Density Single Family Residential Zone at 31.2%. For commercial buyers the practical constraint is that only 35% of land carries a commercial or industrial designation.
Medium Density Single Family Residential Zone (R-5)
R-5 Medium Density Single-Family Residential Zone District. A. Purpose. (1) Since the Borough is an established suburban residential community, it is the intent of this chapter to preserve and protect the established character of its neighborhoods and to encourage a compatible relationship between new and expanded houses and traditional neighboring structure…
Market overview
Demographics & Economy
Kenilworth, NJ has 8,427 residents in 3,058 households. Density runs 3,926 people per square mile. Median household income here is $126,295 and median gross rent $2,119 a month.
8,427
Population
3,058
Households
2.8
Avg Household Size
41
Median Age
34%
College-Educated
91%
High-School Grad
2.1 sq mi
ZIP Area
3,926
Density / Sq Mi
$126,295
Median Household Income
$50,172
Median Earnings
$2,119
Median Rent
$521,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cranford | — | $28.32 |
| Roselle Park | — | — |
| Union | — | $20.10 |
| Roselle | — | — |
Commercial property in Kenilworth, NJ asks $143/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kenilworth?
Commercial property in Kenilworth, NJ asks an average of $143 per square foot. Retail carries the highest asking price at $403/SF.
How much does it cost to lease commercial space in Kenilworth?
Asking lease rates in Kenilworth, NJ average $16.50 per square foot per year.
What zoning applies to commercial property in Kenilworth?
Kenilworth, NJ zones 1,326 acres across 12 districts, of which 8.3% is commercial and 26.6% industrial. The largest single district is Medium Density Single Family Residential Zone at 31.2% of zoned land. R-5 Medium Density Single-Family Residential Zone District. A. Purpose. (1) Since the Borough is an established suburban residential community, it is the intent of this chapter to preserve and protect the established character of its neighborhoods and to encourage a compatible relationship between new and expanded houses and traditional neighboring structure… Residential zoning covers 36.8% and open space 21.6%.
Where does Realmo's Kenilworth market data come from?
Realmo compiles Kenilworth, NJ figures from 8 recent recorded sales, 5 active sale listings, 9 active lease listings, 332 tracked off-market properties, the current Kenilworth zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 9 active for-lease listings in Kenilworth, NJ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,326 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
