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$500,000

  • For Sale
  • Active
  • Retail
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Opportunity knocks in the Greenville section with this mixed use 3 unit sale. This "storefront" building features a worship center on level one and 2 two bedroom units above. Long standing under market rents in place. All units are separately heated and utilities are covered by individual tenants. Square footages are estimated. No green card.

Full Property Details for 227 Martin Luther King Jr Dr

General

  • Price: $500,000
  • Taxes: $5,983 (2022)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 3958628
  • Updated: 12/11/2025
  • Added to Site: 343 day(s) ago

Business

  • Includes: Building Only

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 3

Additional Information

  • Equipment: Smoke Detector

Parking

  • Parking: None, On-Street Parking

Location

  • County: Hudson
  • Driving Directions: Bayview to MLK
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: No Cool
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Available
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Cable TV, Garbage Included, Internet Available

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Flat
  • Ceiling Height: 10
  • Door Dimensions: 36
  • Stories in Building: 3
  • Square Feet: 2,700
  • Aprox. Leasable: 2,700 Sq. Ft.
  • Office: 900 Sq. Ft.
  • Year Built: 1920

Unit Information

  • 2 Bedroom Units: 2

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size: 20.01X60.5
  • Zoning: commercial

Financial Considerations

  • Price Per Sq. Ft.: $240
  • Expenses: Insurance, Taxes, Water/Sewer
  • Operating Expenses: $11,859
  • Assessment Amount: $282,500
  • Land Assmt: $58,400
  • Tax Amount: $5,983
  • Tax Year: 2022
  • Owner Pays: Sewer, Trash Removal, Water
  • Tenant Pays: Electric, Heat, Hot Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: No Documents Available
  • APN: 1806-23403-0000-00028-0000-
  • Block: 23403
  • Lot Number: 28

Listed by BHHS FOX & ROACH

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Listing agent

— 227 Martin Luther King Jr Dr —

  • BHHS FOX & ROACH

201-463-0958

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 227 Martin Luther King Jr Dr

School District:Jersey City School District
NameGradesDistance
Whitney M Young
135 Stegman Street, Jersey City, NJ 07305
PK-80.2 mi
Center For The Arts
59 Wilkinson Avenue, Jersey City, NJ 07305
PK-50.3 mi
Henry Snyder High School
239 Bergen Avenue, Jersey City, NJ 07305
9-120.2 mi
Lincoln High School
60 Crescent Avenue, Jersey City, NJ 07304
9-121 mi
James J. Ferris High School
35 Colgate Street, Jersey City, NJ 07302
9-121.8 mi
William L. Dickinson High School
2 Palisade Avenue, Jersey City, NJ 07306
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 227 Martin Luther King Jr Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$500,000
-15.25%
MLS
4/24/2025
Listed
$590,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 227 Martin Luther King Jr Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,308
5%
$282,500
—
2022
$5,983
46%
$282,500
—
2021
$4,104
37%
$282,500
—
2021
$2,998
-31%
$282,500
—
2019
$4,350
350%
$282,500
335%
2018
$967
-81%
$65,000
—
2017
$5,070
1%
$65,000
—
2016
$5,006
-11%
$65,000
-13%
2015
$5,612
-16%
$75,000
—
2013
$6,719
—
$75,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by BHHS FOX & ROACH

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227 Martin Luther King Jr Dr, Jersey City, NJ 07305 (MLS# 3958628) is a Retail property. 227 Martin Luther King Jr Dr is currently listed for $500,000 and was received on April 24, 2025. Want to learn more about 227 Martin Luther King Jr Dr? Do you have questions about finding other Retail real estate for sale in Greenville? You can browse all Greenville real estate or contact a Coldwell Banker agent to request more information.

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