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223 Martin Luther King Jr Dr

Jersey City, NJ 07305
  • $695,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 4025893
UPDATED: 54 min ago
$695,000
  • 8
    BEDS
  • 0.03
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

Well-maintained mixed-use building featuring a ground-floor commercial storefront with excellent visibility and foot traffic, plus two residential apartments above. The retail space offers a flexible layout ideal for a variety of business uses, with strong street presence.The upper levels include two separate residential units, each offering comfortable living spaces with ample natural light. This property presents a great opportunity for investors or owner-occupants seeking rental income from both commercial and residential streams.Conveniently located near public transportation, shopping, dining, and major commuter routes. A versatile asset in a thriving Jersey City market. Properry will be delivered vacant at closing.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-16T23:49:00.697.
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223 Martin Luther King Jr Dr Jersey City, NJ 07305

  • Price: $695,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 54 min ago
  • MLS #: 4025893
8
Beds
3
Baths
0
½ Baths
0.03
Acres
1950
Built
County:
Hudson
Area:
Jersey City
Property Description
Well-maintained mixed-use building featuring a ground-floor commercial storefront with excellent visibility and foot traffic, plus two residential apartments above. The retail space offers a flexible layout ideal for a variety of business uses, with strong street presence.The upper levels include two separate residential units, each offering comfortable living spaces with ample natural light. This property presents a great opportunity for investors or owner-occupants seeking rental income from both commercial and residential streams.Conveniently located near public transportation, shopping, dining, and major commuter routes. A versatile asset in a thriving Jersey City market. Properry will be delivered vacant at closing.
Exterior Features

Approximate Lot Size 20.01X60.5 Exterior Description Aluminum SidingStone Exterior Features CurbsMetal FenceSidewalk Number Of Parking Spaces 0 Parking Driveway Description Off-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(s) Heating Baseboard - Hotwater Interior Features Vinyl-Linoleum Floors Total Number Of Rooms 9 Unit1 Appliances Equipment Carbon Monoxide DetectorFire Alarm System Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See RemarksStorage Unit1 Rooms 1 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsLiving/Dining Room Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 2.0 Unit3 Bedrooms 4 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsLiving/Dining Room Unit3 Rooms 5 Unit3 Sq Ft 0

Property Features

Assessment Total 433400 Building Assessment 376200 Easement Unknown Expenses Include ElectricGasMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 7800 Land Assessment 57200 Net Operating Income 7800 Services Cable TV AvailableGarbage Included Sewer Public Sewer Tax Amount 10119 Tax Rate Amount 2.335 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 1 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1950 Unit2 Security Deposit 1950 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit3 Rent 2050 Unit3 Security Deposit 2050 Utilities Gas In Street Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-687-3901.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-16T23:49:00.697.
 
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789 Clifton Avenue
Clifton NJ, 07013