Zip 07405 (Kinnelon, NJ) Housing

Kinnelon, NJ is an affluent suburban area located in Morris County. The housing median value in 07405 Kinnelon, NJ is $515,400 which is much higher than the US house median value of $338,100. Although not as high as the national rate, the one year house appreciation rate in 07405 Kinnelon, NJ is 7.56%, which still reflects positive growth in the housing market. Homeowners in this area can be assured that they are investing their money wisely and that their home values will continue to increase over time.

The median home cost in Kinnelon (zip 07405) is $515,400. Home appreciation the last 10 years has been 51.6%. Home Appreciation in Kinnelon (zip 07405) is up 12.7%.

Average Age of Homes

- The median age of Kinnelon (zip 07405) real estate is 52 years old

The Rental Market in Kinnelon (zip 07405)

- Renters make up 19.3% of the Kinnelon (zip 07405) population
- 0.0% of houses and apartments in Kinnelon (zip 07405), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Kinnelon, New Jersey	United States
	6,867.0	139,647,020.0
	54	42
	$515,400	$338,100
	12.7%	16.6%
	39.2%	57.0%
	51.6%	101.1%
	$22.02	$10.98
	$10,001	$2,690
	76.1%	57.4%
	2.0%	11.2%
	21.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.2%	2.4%
	0.3%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	0.5%	11.3%
	1.7%	13.0%
	13.7%	20.1%
	21.3%	13.6%
	18.6%	8.3%
	26.4%	9.7%
	11.6%	3.9%
	4.3%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	11.6%	13.6%
	8.4%	13.2%
	13.0%	14.8%
	11.6%	13.6%
	17.5%	10.0%
	5.1%	4.7%
	15.6%	12.2%

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