MLS# : 25042149
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.
Ov/Rg/Gas, Refrigerator
Life Style :Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
This listing is a courtesy of Keller Williams City Views Realty
201-592-8900 office, listing agent Rosa Daza
| Population: | 65,551 |
| Total Housing Units: | 22,411 |
| Single Family Homes: | 5,756 |
| Apartments: | 16,655 |
| General Tax Rate (2023): | 7.438% |
| Effective Tax Rate (2023): | 2.161% |
| Compare To Other Towns |
| Average Price* (12mo): | $435,653 |
| Apatments Sold* (12mo): | 132 |
| Homes : | $449,900 - 1,400,000 | 7 |
| Condos : | $215,000 - 1,400,000 | 63 |
| Co-ops : | $265,000 - 599,000 | 22 |
| Twnhs : | - | |
| 2-4 Fam : | $627,000 - 1,200,000 | 16 |
| 5+ Fam : | $1,059,999 - 1,900,000 | 5 |
| Land : | $3,990,000 - 3,990,000 | 1 |
| Rentals : | $1,800 - 3,900 | 12 |
| Mixd Use : | $649,000 - 2,650,000 | 11 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $45,000 - 500,000 | 6 |
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Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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