227 Martin Luther King Jr Dr Jersey City, NJ ^$ 500,000

227 Martin Luther King Jr Dr

^$ 500,000

Back to search

227 Martin Luther King Jr Dr

Jersey City, NJ, 07305

^$ 500,000

Bedrooms-- Baths-- Sq 2,700

Monthly Estimate*

^$ 3,119

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 1

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 2

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 3

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 4

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 5

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 6

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 7

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 8

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 9

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 10

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 11

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 12

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 13

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 14

227 Martin Luther King Jr Dr, Jersey City, NJ 07305 - Image 15

Commercial Property for sale in Jersey City, NJ

for $500,000 with 3 half baths. This 2,700 square foot building was built in 1920 on a lot size of 0.03.

Opportunity knocks in the Greenville section with this mixed use 3 unit sale. This "storefront" building features a worship center on level one and 2 two bedroom units above. Long standing under market rents in place. All units are separately heated and utilities are covered by individual tenants. Square footages are estimated. No green card.

Commercial Active

Price

^$ 500,000

Half Bath

Property Type

Commercial

Taxes

^$ 5,983

Style

Store With Apartment

Lot Size

0.03

Year Built

1920

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

3958628

Features

General

Sewer Public Available

Construction Brick/Block

Heating 3 Units

Cooling No Cool

Utilities Electric Gas-Natural

Possession at closing

Roof Flat

Zoning commercial

Garage Spaces 0

Year Built 1920

Tenant Pays Electric Heat Hot Water

Township Jersey City

Property Type Store With Apartment Store With Apartment

Tax Year 2022

Ownership Fee Simple

Location Business District

Gross Income 27000

County Hudson

Net Operating Income 151141

Operating Expense 11859

Status Active

Directions Bayview to MLK

Number Of Units Total 3

Tax Annual Amount 5983

Drive None On-Street Parking

Leasable Area 900

Standard Status Active

Tax Assessed Value 282500

Town # 1806

Tax Lot 28

Interior

Basement Full Unfinished

Fuel Type Gas-Natural

Total Stories 3

Half Baths 3

Exterior

Water Source Public Water

Exterior Description Brick/Block

Building Area Total 2700

Lot Dimensions 20.01X60.5

Lot Size Acres 0.03

* Excluded Features

List By

MICHELE CHILES-HICKMAN

Listing Agent

Bhhs Fox & Roach

Broker

michelechileshickman@hotmail.com

Affordability Calculator

$3,618

Per Month

Monthly Principal & Interest: $3,119
Monthly Property Taxes: $499
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Jersey City, NJ

Average List Price ^$2,015,311

Percent of Sale Price 303%

About Jersey City, NJ

276,709 Population

15% Since 2002

^$68,187 Median Income

37.13 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/11/2025	$500,000	-15.25%	Price Down
4/24/2025	$590,000		Listed Price

Map

More homes like this one

homes for you

See all

227 Martin Luther King Jr Dr, Jersey City, NJ, 07305 is a Commercial Property for sale at $500,000 with 2,700 sqft and a lot size of 0.03. 227 Martin Luther King Jr Dr was built in 1920. The property's zip code is 07305 which is in Jersey City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

227 Martin Luther King Jr Dr

Commercial Property for sale in Jersey City, NJ

Affordability Calculator

Map

More homes like this one

Get more info about this home