71 Martin Luther King Jr Dr Jersey City, NJ $ 650,000
71 Martin Luther King Jr Dr
$ 650,000
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71 Martin Luther King Jr Dr

Jersey City, NJ, 07305
$ 650,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,540

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Multi-Family Home for sale in Jersey City, NJ

for $650,000 with 6 bedrooms.

This property offers a unique combination of commercial and residential spaces. The two spacious apartments above the large open store provide comfortable living spaces for residents. Each apartment features three bedrooms, one bathroom, a cozy living room, and a fully equipped kitchen. The well-designed floor plans and generous living areas ensure comfortable and functional living spaces for the occupants. The ground floor of the property is dedicated to a large open Retail store. This commercial space presents an excellent opportunity for various business ventures. Its versatile layout is suitable for a wide range of retail or service-oriented businesses. The lease for the store is set to expire soon, providing flexibility for new ownership to explore different options for the space. The property is located in a vibrant area with high foot traffic and convenient access to amenities. It offers proximity to transportation options, making commuting to New York City, Jersey City, and Bayonne convenient. Additionally, there are plenty of community amenities nearby, such as shopping centers, banks, restaurants, schools, and parks. Whether you're an investor seeking multiple revenue streams, or an owner-occupant looking to live and work in the same building, this mixed-use property offers endless possibilities. It presents a great investment opportunity with the potential for both residential rental income and commercial business income. Don't miss out on the chance to explore the possibilities. Contact us today to schedule a viewing and learn more about this prime location and its great potential.

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Multi-Family Active

Price

$ 650,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 7,400

Style

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

240004573

Features
General
Status Active ACTIVE
Stories 2
County Hudson
Class CI INVESTMENT - SALE ONLY
Type Investment
Section Greenville
Area JC Greenville
City JC Greenville
Taxes 7400
Street Name MARTIN LUTHER KING JR DR
DOM 45
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Interior
Total Number of Units 3
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* Excluded Features
List By
Natalie Esfandiari

Listing Agent

Weichert Realtors

Broker

Jersey City Downtown

Office

Affordability Calculator

$5,157
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2024$650,000 Listed Price

Map


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71 Martin Luther King Jr Dr, Jersey City, NJ, 07305 is a Multi-Family Home for sale at $650,000. 71 Martin Luther King Jr Dr has 6 bedrooms and 0.0 baths. The property's zip code is 07305 which is in Jersey City, NJ