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$699,999
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Property Description
Prime mixed-use brick building in the heart of Jersey City, full of character and potential! This versatile 3-story property offers approx. 2,200 sq. ft. of commercial space on the ground floor - ideal for retail, restaurant, or office use. Previously set up for an ice cream shop, the space is ready for your next business venture. Above the storefront, you'll find two residential units: a comfortable 1-bedroom apartment on the 2nd floor and a spacious 3-bedroom, 2-bath unit with a private balcony on the 3rd floor. Located directly across from the Light Rail and steps from the City Hall Annex, this building sits in a vibrant commercial plaza surrounded by shops, restaurants, and transit options. Easy access to NYC, major highways, and all public transportation. This solid brick property with timeless character needs some TLC and minor repairs, offering excellent value-add potential for owner-operators or investors. A rare opportunity to live, work, and invest in one of Jersey City's most dynamic and growing corridors!
Full Property Details
Full Property Details for 415 Martin Luther King Jr Dr
General
- Price: $699,999
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250021760
- Updated: 11/14/2025
- Added to Site: 89 day(s) ago
Location
- County: Hudson
- Location Details: Virginia Avenue and Forrest Street
Structural Information
- Construction: brick
- Stories in Building: 3
- # of Stores: 3
Lot Features
- Lot Size: 26x98
- Lot Dimensions: 26 x 98
- Lot Description: 37
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Exclusions: Personal Property
- Lead Paint Discl.: Yes
Listed by Weichert Realtors (201) 333-4443
Get Pre-Approved Today
Schools
Schools serving 415 Martin Luther King Jr Dr
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Chaplain Charles Watters School 220 Virginia Avenue, Jersey City, NJ 07304 | PK-5 | 0.4 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 0.4 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 0.5 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 1.4 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 415 Martin Luther King Jr Dr
Date
Details
Price
Change
Source
11/14/2025
Price Reduced
$699,999
-6.67%
MLS
10/21/2025
Listed
$749,999
118.18%
MLS
1/26/2024
Sold
$343,750
—
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 415 Martin Luther King Jr Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,692
-1%
$792,300
—
2023
$17,803
6%
$792,300
—
2022
$16,781
32%
$792,300
—
2021
$12,708
32%
$792,300
—
2021
$9,607
-21%
$792,300
—
2019
$12,201
382%
$792,300
366%
2018
$2,533
-81%
$170,200
—
2017
$13,276
1%
$170,200
—
2016
$13,107
3%
$170,200
—
2015
$12,734
—
$170,200
—
2013
$12,707
—
$170,200
—
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 415 Martin Luther King Jr Dr
415 Martin Luther King Jr Dr, Jersey City, NJ 07304 (MLS# 250021760) is a Commercial property. 415 Martin Luther King Jr Dr is currently listed for $699,999 and was received on October 21, 2025. Want to learn more about 415 Martin Luther King Jr Dr? Do you have questions about finding other Commercial real estate for sale in Bergen-Lafayett? You can browse all Bergen-Lafayett real estate or contact a Coldwell Banker agent to request more information.

