203-205 Martin Luther King Drive

Jersey City, NJ 07305

$1,190,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Located in opportunity zone! Investor, Developer Great Value Added Opportunity! All vacant! 2 Commercial + 2 Large Apartments, Which Already Has Approvals To Split Into 4 Apartments. Plus, JACKSON HILL REDEVELOPMENT Per Zoning Can Potentially Add Additional Residential Units On The First Floor And By Building 2 Additional Floors. Possible Approx. 16+ Units!Located in opportunity zone! Investor, Developer Great Value Added Opportunity! All vacant! 2 Commercial + 2 Large Apartments, Which Already Has Approvals To Split Into 4 Apartments. Plus, JACKSON HILL REDEVELOPMENT Per Zoning Can Potentially Add Additional Residential Units On The First Floor And By Building 2 Additional Floors. Possible Approx. 16+ Units!
  1. Listed by Baruch Schwartz • Keller Williams City Views Realty • (201) 592-8900

Property Details for 203-205 Martin Luther King Drive

Style
Res/Com Mixed
Sub style
Rtl/Apt

Location

Listing Courtesy of Keller Williams City Views Realty, Baruch Schwartz
Add your commute
LISTING UPDATED: 04/25/2024 01:14 PM

Property Details for 203-205 Martin Luther King Drive

StatusActive
MLS #24011632
Days on Market18
Taxes$11,228 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Res/Com Mixed
Year Built-
Lot Size-
CountyHudson County

Location

Listing Courtesy of Keller Williams City Views Realty, Baruch Schwartz
Add your commute

Building Information for 203-205 Martin Luther King Drive

Stories2Residences2Year Built-Lot Size-

Payment Calculator

$7,430 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,494

Property Taxes

$936

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 203-205 Martin Luther King Drive

Summary
Location and General Information
  • Area: 0906
  • Area name: Jersey City
  • Directions: BIDWELL & WEGMAN
  • Street Name: Martin Luther King
  • County Name: HUDSON
  • Status: ACTIVE
  • Zip Code: 07305
Taxes and HOA Information
  • Tax: $11,228
Property
Lot Information
  • Lot: 00023
  • Year Built: 1940's
  • Propertype ro: Gas, Munincipal Water
  • Land frontage: 44.0
  • Land Depth: 105.0
  • Block: 23402
Property and Assessments
  • Photo: Y
  • Photo Number: 6
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Number of Units: 2
  • Number Of Stories: 2
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Flat
Multi Family
Multi-Family Information
  • No of Common units: 2
  • No3 Bedroom units: 2
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $1,190,000.00
  • Listing Date: 04-18-2024
  • Status Date: 04-18-2024
Showing Information
  • Internet Remarks: LOCATED IN OPPORTUNITY ZONE! Investor, Developer Great Value Added Opportunity! ALL VACANT! 2 Commercial + 2 Large Apartments, Which Already Has Approvals To Split Into 4 Apartments. Plus, JACKSON HILL REDEVELOPMENT Per Zoning Can Potentially Add Additional Residential Units On The First Floor And By Building 2 Additional Floors. Possible Approx. 16+ Units!!
Rental
Rental Information
  • Owner pays: O/See Rmrks

Property History for 203-205 Martin Luther King Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 203-205 Martin Luther King Drive

Taxable ValueLand$237,700Additions$462,300Total$700,000
Tax Record2021$11,228 ($936 / month)
Home Facts
Stories2Lot Size4,770 SqFtStyleMiscellaneous CommercialCountyHUDSONAPN06 23402-0000-00023- 01

Schools near 203-205 Martin Luther King Drive

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Center For The Arts
PublicPK to 8

Whitney M Young
PublicPK to 8

Lincoln High School
Public9 to 12

Liberty High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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203-205 Martin Luther King Drive is a mixed use property for sale in Jersey City, NJ 07305. This property was listed for sale on April 18, 2024 by Keller Williams City Views Realty, it's currently listed at $1,190,000. This listing's school district is Jersey City Public School District. Nearby schools include Center For The Arts, Whitney M Young and Lincoln High School. 203-205 Martin Luther King Drive is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams City Views Realty, Baruch Schwartz

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/05/2024 04:55 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.