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71 Martin Luther King Dr
Jersey City, NJ 07305
Retail Property For Sale

Executive Summary

Get income producing building all utilizes separated and ready for investors for turn key business on ground floor retail space

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
B
Year Built
1925
Price
$799,000
Price Per SF
$266.33
Cap Rate
7.50%
NOI
$59,925
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.03 AC
Zoning
Commercial - Retail
Frontage
20’ on Martin Luther King Dr

Amenities

  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
06-26401-0000-00016
Land Assessment
$42,200
Improvements Assessment
$355,600
Total Assessment
$397,800
  • Listing ID: 36917430

  • Date on Market: 7/25/2025

  • Last Updated:

  • Address: 71 Martin Luther King Dr, Jersey City, NJ 07305

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