71 Martin Luther King Dr., Unit 3S

Jersey City, NJ 07305

$730,000
Price
6
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by NATALIE ESFANDIARI • WEICHERT REALTORS

Property Details for 71 Martin Luther King Dr., Unit 3S

Architectural Style
Split Level, Multi-Level, Other-See Remarks
Type Of Parking
None
Area
JC, Greenville
Heating & Cooling
A/C Window, Gas, Other-See Remarks
Unit Number
3 units

Location

Listing Courtesy of WEICHERT REALTORS, NATALIE ESFANDIARI
Add your commute
LISTING UPDATED: 05/08/2024 07:35 PM

Property Details for 71 Martin Luther King Dr., Unit 3S

StatusActive
MLS #240008656
Days on Market12
Taxes$7,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 3 Family
Year Built-
Lot Size-
CountyHudson County

Location

Listing Courtesy of WEICHERT REALTORS, NATALIE ESFANDIARI
Add your commute

Payment Calculator

$4,601 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,984

Property Taxes

$617

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 71 Martin Luther King Dr., Unit 3S

Summary
Location and General Information
  • Address: 71 MARTIN LUTHER KING JR DR
  • Address Number: 71
  • Address Search Number: 71
  • Between: Stevens ave and Bergen ave
  • Section: Greenville
  • Street Name: MARTIN LUTHER KING JR DR
  • City Name: JC, Greenville
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 05-08-2024
  • Tax Year: 2022
  • Taxes: $7,400
Property
Property and Assessments
  • Associated Document Count: 1
  • Charge: Y
Interior and Exterior Features
Exterior Features
  • Exterior: Block, Brick, Other-See Remarks
Interior Features
  • Basement Description: Full, Unfinished
  • Basement Rent: STORE/VACA
  • Fl1 Rooms: 1
  • Fl2 Rooms: 5
  • Fl3 Rooms: 5
  • Fl4 Rooms: 0
  • Floor 1 Half Baths: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1700
  • Floor 2 Bedrooms: 3
  • Floor 2 Full Baths: 1
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 3 Bedrooms: 3
  • Floor 3 Full Baths: 1
  • Floor 3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 1700
  • Total Dining Rooms: 0
  • Total Kitchens: 2
  • Total Living Rooms: 3
  • Total Other Rooms: 0
  • Num of Baths: 3
  • Half Baths Total: 1
  • Full Baths Total: 2
  • Num Full Baths: 2
  • Num Half Baths: 1
  • Bedrooms Total: 6

Property History for 71 Martin Luther King Dr., Unit 3S

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 71 Martin Luther King Dr., Unit 3S

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Number 34 Elementary School
PublicPK to 8

Lincoln High School
Public9 to 12

Liberty High School
Public9 to 12

James J. Ferris 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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71 Martin Luther King Dr., Unit 3S is a multi-family home for sale in Jersey City, NJ 07305. This property was listed for sale on May 8, 2024 by WEICHERT REALTORS, it's currently listed at $730,000. This listing's school district is Jersey City Public School District. Nearby schools include Number 34 Elementary School, Lincoln High School and Liberty High School. 71 Martin Luther King Dr., Unit 3S is a 6-bed, 2.5-bath, multi-family home.

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 WEICHERT REALTORS, NATALIE ESFANDIARI

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 05/20/2024 12:24 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.