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723 Kennedy Blvd
Property Overview
Active Listing
1 / 11
11 listing photos · Tap Enlarge for full-size view
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Specs
7
Beds
4
Baths
Interior Living Space (Sq Ft)
2750 sq ft
Lot Size (Sq Ft)
2,485 sq ft
Year Built
1925
Price/Sq Ft (Living Area)
278$
Price/Sq Ft (Lot Size)
308$
Lifestyle
Walk Score
0
Transit Score
20
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
Latest Check
Tax Year
Annual Tax
N/A
Assessed Value
N/A
Price History
Zestimate Range
$360k – $909k
+152.4%
since 2016
2016: $360kNow: $909k
Zillow Zestimate history · 120 data points
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Zone AE
No specific documented flooding incidents for this address or street found in public summaries. Bayonne generally has a high flood risk with properties in Zone AE being vulnerable to 100-year flood events.
Zumintel Report
EVALUATED FOR: HOUSE HACK (LTR UNIT)
723 Kennedy Blvd, Bayonne, NJ 07002
MULTI_FAMILY•July 7, 2026•MLS #4036775
59/100
House Hack Score
Executive Summary
Est. Price
$765,000
Square Feet
2,750
Year Built
1925
Configuration
7bd / 4ba
Market Context
- Pricing PositionThe estimated price of $765,000 is higher than the median sale price for Bayonne ($663,000) and the 07002 zip code ($663,000) over the three months ending May 2026.
- Liquidity RiskThe market in 07002 is considered very competitive and a seller's market, with an average of 34 days on market for homes, which is slightly longer than the previous year.
- NeighborhoodBayonne is characterized as an urban-suburban mix, offering a family-friendly atmosphere, cultural diversity, and waterfront appeal. It's considered a secure community with a relaxed pace of life, while still being convenient for commuters to New York City.
- Local MarketMedian Neighborhood Price: $663,000 (+6.2% YoY)Market Velocity: Increasing • Inventory: Seller's Market • Avg DOM: 34 days
- Investment PotentialEstimated Rent: $2,820/moCap Rate: 2.88% • 5-Year Growth: +35.1%
Location & Commute
- The property is ideally located in central Bayonne, within walking distance of various amenities including shopping, restaurants, cafes, grocery stores, Bayonne Medical Center, City Hall, and parks.
- Commuter-friendly with easy access to the Hudson-Bergen Light Rail, NJ Transit buses, major highways, the Holland Tunnel, and New York City. The area is very walkable, making it easy to get around without a car.
- Bayonne is recognized as a safe and family-friendly neighborhood, though public schools generally have average to below-average proficiency scores compared to the New Jersey statewide average.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$5,653
Principal & Interest
$3,868Operating Expenses/mo
$1,785House Hack Impact
Estimated Payment$5,653
-Projected Rental Income-$2,390
Net Payment Out-of-Pocket$3,263/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •Multi-family dwelling offers built-in house hacking and rental income potential.
- •Strategic location with excellent access to public transportation and major highways for commuters.
- •Strong year-over-year appreciation trends in the Bayonne housing market.
- •Finished attic and basement provide additional versatile space for living or rental opportunities.
Considerations
- •The calculated capitalization rate is low, indicating limited immediate cash flow potential at the current price and estimated rent.
- •Bayonne public schools generally rank in the bottom 50% of New Jersey public schools.
- •Property is listed "AS IS," suggesting potential for necessary repairs or renovations.
- •Located in FEMA Flood Zone AE, indicating a high flood risk.
Due Diligence
- •Verify the legality and permitting requirements for additional rental units within the finished attic and basement under Bayonne's R-2 zoning, particularly regarding basement apartment regulations (floor level not more than three feet below grade).
- •Obtain detailed flood insurance quotes and assess potential long-term costs associated with the Zone AE designation.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
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Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
High Match
Short-Term
Low Match
Living+STR
Low Match
rental
High Match
House Hack
High Match
flip
Medium Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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