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$699,000
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Property Description
Get income producing building all utilizes separated and ready for investors for turn key business on ground floor retail space
Full Property Details
Full Property Details for 71 Martin Luther King Jr Dr
General
- Price: $699,000
- Taxes: $8,882 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 3972611
- Updated: 4/26/2026
- Added to Site: 332 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Terms: 1 Year Minimum, 3-5 Year Minimum
Interior
- Flooring: Carpeting, Wood
Additional Information
- Equipment: Appliances
Parking
- Parking: None
Location
- County: Hudson
- Driving Directions: Between Bergen Ave and Stevens ave
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Crawl Space, Unfinished
- Roof: Flat
- Ceiling Height: 12
- Door Dimensions: 8
- Stories in Building: 2
- Square Feet: 3,400
- Aprox. Leasable: 2,700 Sq. Ft.
- Office: 900 Sq. Ft.
- Year Built: 1935
- Remodeled/Updated: 2020
Lot Features
- Lot Size (Acres): 0.03
- Lot Size: 20X60.1
- Zoning: mix use
Financial Considerations
- Price Per Sq. Ft.: $4
- Assessment Amount: $397,800
- Land Assmt: $42,200
- Tax Amount: $8,882
- Tax Year: 2024
- Owner Pays: Sewer, Snow Removal, Water
- Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water, Trash Removal
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases
- Disclosures: Yes
- APN: 1806-26401-0000-00016-0000-
- Block: 26401
- Lot Number: 16
Listed by Hurlee Realty Llc
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Schools
Schools serving 71 Martin Luther King Jr Dr
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Number 34 Elementary School 1830 Kennedy Blvd, Jersey City, NJ 07305 | PK-8 | 0.1 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 0.6 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 71 Martin Luther King Jr Dr
Date
Details
Price
Change
Source
7/01/2025
Listed
$699,000
1105.17%
MLS
6/25/2013
Sold
$58,000
—
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 71 Martin Luther King Jr Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,883
-1%
$397,800
—
2023
$8,939
6%
$397,800
—
2022
$8,425
32%
$397,800
—
2021
$6,381
32%
$397,800
—
2021
$4,823
-21%
$397,800
—
2019
$6,126
518%
$397,800
497%
2018
$991
-81%
$66,600
—
2017
$5,195
1%
$66,600
—
2016
$5,129
3%
$66,600
—
2015
$4,983
—
$66,600
—
2013
$4,972
—
$66,600
—
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 71 Martin Luther King Jr Dr
71 Martin Luther King Jr Dr, Jersey City, NJ 07305 (MLS# 3972611) is a Commercial property. 71 Martin Luther King Jr Dr is currently listed for $699,000 and was received on July 01, 2025. Want to learn more about 71 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.

