Commercial Real Estate Market in Kenvil, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
17 active listings and 406 off-market properties in Kenvil, NJ. Commercial property asks $2,252/SF to buy and $22.00/SF/Yr to lease.
Market Trends
Kenvil, NJ spans 2.4 square miles in Morris County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Kenvil, NJ asks $200/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 Kenvil, NJ asks $325/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 Kenvil, 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 vacancy in Kenvil, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Kenvil, NJ has 1,871 residents in 685 households. Density runs 773 people per square mile. Median household income here is $81,313 and median gross rent $2,068 a month.
1,871
Population
685
Households
2.7
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
773
Density / Sq Mi
$81,313
Median Household Income
$44,182
Median Earnings
$2,068
Median Rent
$337,600
Median Home Value
Tools
Nearby Markets
Commercial property in Kenvil, NJ asks $2,252/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kenvil?
Commercial property in Kenvil, NJ asks an average of $2,252 per square foot. The 7 most recent recorded sales traded at a median of $183/SF, so asking sits 1131% above the achieved median. Retail carries the highest asking price at $325/SF.
How much does it cost to lease commercial space in Kenvil?
Asking lease rates in Kenvil, NJ average $22.00 per square foot per year.
Where does Realmo's Kenvil market data come from?
Realmo compiles Kenvil, NJ figures from 8 recent recorded sales, 7 active sale listings, 10 active lease listings, 406 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 10 active for-lease listings in Kenvil, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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 30 September 2026 · How Realmo checks market page data · Report a data issue
