1700 Kennedy Blvd Unit 31 Union City, NJ 07087
Estimated payment $2,168/month
Highlights
- Property is near a park
- Wood Flooring
- Intercom
- Sara M. Gilmore Academy Rated A-
- Elevator
- Living Room
About This Home
This beautiful corner-unit 1-bedroom at Faringdon Condo offers 562 sq ft of modern, updated living — an excellent opportunity for investors seeking a long-term, reliable tenant already in place. The current resident has lived in the building for over 10 years, holds a lease through March 2026, and would love to stay, providing immediate and stable rental income. The unit features an updated open-concept kitchen and living area, sleek modern flooring, ample closet space, and abundant natural light from its west-facing exposure. Residents enjoy the convenience of an on-site laundry room. Located at 1700 Kennedy Blvd, the building sits in a prime commuter corridor with a NJ Transit bus stop directly in front, approximately 2 miles from the Lincoln Tunnel, 2.5 miles from Hoboken PATH Station, about 5 miles from the Holland Tunnel, and just a short drive to the Weehawken Ferry Port, offering quick access to Manhattan and major highways. Nearby recreational amenities include the 167-acre James J. Braddock Park approximately 4 miles away. The surrounding area continues to thrive with new shops, updated streetscapes, and revitalized community spaces, while Union City’s cultural richness and nearby Jersey City’s growth signal strong long-term appreciation potential, making this residence a rare and valuable investment opportunity.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,825
HOA Fees
- $270 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 562 Sq Ft Home
- Multi-Level Property
- Living Room
- Dining Room
- Wood Flooring
- Intercom
- Gas Oven or Range
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Gas
Listing and Financial Details
- Exclusions: Tenant's Personal Items
- Legal Lot and Block 1 / 95
Community Details
Overview
- Association fees include heat, water
- Gem Management Association, Phone Number (973) 785-0441
- Faringdon Condo
Amenities
- Laundry Facilities
- Elevator
Building Details
- Security
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,611 | $207,000 | $148,800 | $58,200 |
| 2024 | $2,283 | $195,400 | $137,800 | $57,600 |
| 2023 | $2,283 | $29,700 | $14,500 | $15,200 |
| 2022 | $2,201 | $29,700 | $14,500 | $15,200 |
| 2021 | $2,193 | $29,700 | $14,500 | $15,200 |
| 2020 | $2,168 | $29,700 | $14,500 | $15,200 |
| 2019 | $2,110 | $29,700 | $14,500 | $15,200 |
| 2018 | $2,070 | $29,700 | $14,500 | $15,200 |
| 2017 | $2,050 | $29,700 | $14,500 | $15,200 |
| 2016 | $2,046 | $29,700 | $14,500 | $15,200 |
| 2015 | $2,011 | $29,700 | $14,500 | $15,200 |
| 2014 | $1,967 | $29,700 | $14,500 | $15,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2025 12/02/25 | For Sale | $299,900 | -- | $534 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $8,000 | -- |
Source: Hudson County MLS
MLS Number: 250024346
APN: 10-00095-0000-00001-0000-C0031
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