Address
427 429 Martin Luther King Jr Dr Jersey City, NJ
Price
$ 2,000,000
Property Attributes
  • ID#3737688
  • TypeCommercial
  • CountyHUDSON
  • CityJersey City
  • AreaJersey City
  • Zip07304
  • StyleMixedUse
  • Year Built2007
  • Taxes$ 16389
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11700
Listing Provided Courtesy Of:
THE REAL ESTATER LLC
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

PRISTINE MIXED USE COMMERCIAL PROPERTY CONTAINING 5 RESIDENTIAL AND 5 OFFICE AND OR STOREFRONT UNITS. WELL MAINTAINED AND UPGRADED PROPERTY. LARGE SPACIOUS 3 BR APTS. TENANTS PAY SEPARATE UTILITIES. CENTRAL A/C $206K GOI AND $166K NOI EXCELLENT LOCATION NEAR LIGHT RAIL TRANSPORTATION. 8.3 % CAP RATE

Price History
8/30/2021 Listed $2,000,000

General Features

Basement Full
Building # 1
Construction Brick/Block
Cooling Central Air
Drive On-Street Parking, See Remarks
Flooring Tile, Wood
Heating 4+ Units, Baseboard - Hotwater
Num Apts 5
Property Type MixedUse
Property Type Mixed Use
Roof Rubberized
Sewer Public Sewer
Tax Annual Amount 16389
Total Units 10
Town # 1806
Township Jersey City
Utilities Electric, Gas-Natural
Zoning 4A

Interior Features

Fuel Type Electric, Gas-Natural

Exterior Features

Building Area Total 11700
Exterior Description Vinyl Siding
Lot Dimensions 50 X 100
Lot Features Corner
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 07304

Price
AVG $1.71M
$2M
Taxes
AVG $13,527
$16,389
Visits
AVG 106
29
Year Built
AVG 1979
2007
Walkscore
AVG 91
88
Data Provided by Walkscore ® not using MLS data

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