• 427 Martin Luther King Jr Dr, Jersey City, NJ 07304

For Sale

Office

For Sale

This property is available for sale
$2,000,000
Sale Price
  • Overview

    Great investment property that built one lot with 2 buildings. Both buildings are fully sprinklered. Constructed in 2007 buildings with total of 15000 Square Feet. 4 -3-bedroom apartments are 1200 square feet. This 10 Unit consist of 5 commercial and 5 residential units. There is no rent control because there are 4 -3 bedrooms and one Handicap Studio. The first building has 2 commercial spaces and 5 apartments. The second building has 3 commercial spaces and a rare bonus of 2 van size parking garage, 2 office spaces, one is huge with brick wall, full bath and kitchen. On top floor there is a 2000 square foot church with skylights, 2 bathrooms, hard wood floors and atrium. All Units are newly constructed with separate electrical panels, heating system and water heater in unit. Each bathroom has heat vented lighting. This property is located in Great location. Located conveniently a block from Light rail and newly constructed City Hall Annex. Also has Potential to bring more income.

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Property Details

Great investment property that built one lot with 2 buildings. Both buildings are fully sprinklered. Constructed in 2007 buildings with total of 15000 Square Feet. 4 -3-bedroom apartments are 1200 square feet. This 10 Unit consist of 5 commercial and 5 residential units. There is no rent control because there are 4 -3 bedrooms and one Handicap Studio. The first building has 2 commercial spaces and 5 apartments. The second building has 3 commercial spaces and a rare bonus of 2 van size parking garage, 2 office spaces, one is huge with brick wall, full bath and kitchen. On top floor there is a 2000 square foot church with skylights, 2 bathrooms, hard wood floors and atrium. All Units are newly constructed with separate electrical panels, heating system and water heater in unit. Each bathroom has heat vented lighting. This property is located in Great location. Located conveniently a block from Light rail and newly constructed City Hall Annex. Also has Potential to bring more income.

  • Property Type
    Office
  • Submarket
  • Sale Price
    $2,000,000
  • Property ID
    2123390

Landlord's Sales Representative

  • Maggie Abdo-Manno CCIM
    CENTURY 21 Semiao & Associates