Jersey City, NJ 07305 · Investment · For Sale · MLS 260009060
40 Martin Luther King Jr Dr
$599,000
Investment
Use
3
Units
72
Days Listed
About this property
Versatile mixed use opportunity featuring two residential units, one commercial space, and a private backyard. Currently generating stable income with room for upside, Ideal for investors, owner occupants, or business owners. Each unit features 3 bedrooms and One and a half Bath with additional basement storage. Separate utilities paid by tenants add to the property’s efficiency and appeal. Conveniently located near the Richard Street Light Rail, offering easy access to Downtown Jersey City and Manhattan. A smart opportunity with flexibility, visibility, and long term upside.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07305
MLS #260009060
Space
Units3
Stories3
Investment
Annual taxes$8,088
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 40 Martin Luther King Jr Dr?
The asking price is $599,000.
What is 40 Martin Luther King Jr Dr zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 40 Martin Luther King Jr Dr?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
