507 Martin Luther King Jr Dr Jersey City, NJ ^$ 524,990

507 Martin Luther King Jr Dr

^$ 524,990

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507 Martin Luther King Jr Dr

Jersey City, NJ, 07304

^$ 524,990

Studio Baths0.0 Sq 3,500

Monthly Estimate*

^$ 3,667

507 Martin Luther King Jr Dr, Jersey City, NJ 07304 - Image 1

Studio

Commercial Property for sale in Jersey City, NJ

for $524,990. This building is 3,500 square feet.

This property has a commercial unit on the first floor that offers versatile space. The first floor is suitable for conversion into a storefront or office. The second and third floors house two-bedroom residential units, with potential for conversion into three bedrooms each. Its multi-functional nature provides an appealing opportunity for mixed-use investment, allowing for customization based on buyer preferences.

Commercial Active

Price

^$ 524,990

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,873

Style

MixedUse

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

3887757

Features

General

Construction Brick/Block

Heating See Remarks

Cooling See Remarks

Utilities See Remarks

Possession At Closing

Roof Flat

Zoning Residential

Township Jersey City

Property Type Mixed Use MixedUse

Tax Year 2023

Percent Ownership Fee Simple

Location Industrial Park

County Hudson

Status Active

Directions Use GPS.

Total Units 3

Street Name Martin Luther King Jr Dr

Tax Annual Amount 8873

Drive On-Street Parking

Leasable Area 0

Days on Market 0

Standard Status Active

Tax Assessed Value 394900

Town # 1806

Tax Lot 21

Interior

Basement Full

Total Stories 3

Half Baths 0

Exterior

Water Source See Remarks

Exterior Description Brick/Block

Building Area Total 3000

Lot Dimensions 18.75X67.58 IRR

Lot Size Acres 0.00

* Excluded Features

List By

FARHAN MALIK

Listing Agent

Realmart Realty

Broker

farhansellsnj@gmail.com

Affordability Calculator

$4,407

Per Month

Monthly Principal & Interest: $3,667
Monthly Property Taxes: $739
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Jersey City, NJ

Average List Price ^$1,247,389

Percent of Sale Price 138%

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
2/26/2024	$524,990		Listed Price

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507 Martin Luther King Jr Dr, Jersey City, NJ, 07304 is a Commercial Property for sale at $524,990 with 3,500 sqft. 507 Martin Luther King Jr Dr is a studio with 0.0 baths. The property's zip code is 07304 which is in Jersey City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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.

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507 Martin Luther King Jr Dr

Commercial Property for sale in Jersey City, NJ

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