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$1,290,000
Property Description
Income producing renovated building located in the heart of the city up and coming annex city hall only few blocks away
Full Property Details
Full Property Details for 309 Martin Luther King Jr Dr
General
- Price: $1,290,000
- Taxes: $15,604 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 3972585
- Updated: 3/31/2026
- Added to Site: 278 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Concrete, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
Additional Information
- Equipment: Appliances, Burglar Alarm, Kitchen Area, Restrooms - Private
Parking
- Garage Spaces: 12
- Total Spaces: 12
- Parking: Blacktop, Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Hudson
- Driving Directions: Between Grant Ave and Claremont Ave off turnpike exit 14B
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 2 Units, Radiant - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas
Structural Information
- Construction: Brick/Block, Metal Frame
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Storage, Unfinished
- Roof: Flat, Rubberized
- Ceiling Height: 14
- Door Dimensions: 9
- Stories in Building: 3
- Square Feet: 3,800
- Aprox. Leasable: 3,800 Sq. Ft.
- Office: 2,000 Sq. Ft.
- Year Built: 1925
- Remodeled/Updated: 2018
Unit Information
- 3 Bedroom Units: 2
- Units w/Full Bath: 2
- Units w/Half Bath: 2
Lot Features
- Lot Size: 23.30X103.67 IR
- Zoning: Mixed use
Financial Considerations
- Price Per Sq. Ft.: $3
- Assessment Amount: $698,800
- Land Assmt: $113,500
- Tax Amount: $15,604
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases, Survey Available
- APN: 1806-23101-0000-00035-0000-
- Block: 23101
- Lot Number: 35
Listed by Hurlee Realty Llc
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Schools
Schools serving 309 Martin Luther King Jr Dr
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Gladys Nunery School 123 Claremont Avenue, Jersey City, NJ 07305 | PK-5 | 0.1 mi |
Center For The Arts 59 Wilkinson Avenue, Jersey City, NJ 07305 | PK-5 | 0.4 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 0.2 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 309 Martin Luther King Jr Dr
Date
Details
Price
Change
Source
7/01/2025
Listed
$1,290,000
416%
MLS
1/30/2018
Sold
$250,000
—
Public Record
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
Tax History for 309 Martin Luther King Jr Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,801
32%
$698,800
—
2021
$11,209
32%
$698,800
—
2021
$8,473
-21%
$698,800
—
2019
$10,762
495%
$698,800
475%
2018
$1,808
-81%
$121,500
—
2017
$9,477
1%
$121,500
—
2016
$9,357
3%
$121,500
—
2015
$9,091
—
$121,500
—
2013
$9,071
—
$121,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 309 Martin Luther King Jr Dr
309 Martin Luther King Jr Dr, Jersey City, NJ 07305 (MLS# 3972585) is a Commercial property. 309 Martin Luther King Jr Dr is currently listed for $1,290,000 and was received on July 01, 2025. Want to learn more about 309 Martin Luther King Jr Dr? Do you have questions about finding other Commercial real estate for sale in Jersey City? You can browse all Jersey City real estate or contact a Coldwell Banker agent to request more information.
