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Off market
  • $687,800

    40 Martin Luther King Jr Dr, Jersey City, NJ 07305

    6beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $687,800 Zestimate®
    $--/sqft
    $3,075 Estimated rent

    What's special

    GREAT INVESTMENT PROPERTY! 10% CAP rate based off projected rents. This 2-Family mixed use property features 2 spacious 3 Bed/1.5 Bath units and commercial space on the ground level. The units are tenant occupied with month to month tenants. New roof and new stairs recently done. 3 separate electric meters separating the commercial space, and units. Close to local shops, restaurants, schools, and parks. The location can't be beat - one block from bus stations and JFK Blvd, and a few blocks away from Danforth Ave Light Rail Station for seamless transportation to NYC. Income & Expense sheet available upon request. This property won't last long, schedule a showing today!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Gas

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 2,269 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other-See Remarks

    Community & neighborhood

    Location
    • Region: Jersey City

    HOA & financial

    Other financial information
    • Total actual rent: 1900

    Other

    Other facts
    • Heating: Gas
    • HeatingYN: true
    • ConstructionMaterials: Brick
    • Exclusions: Owner's personal belongings.
    • ArchitecturalStyle: Other-See Remarks
    • ParkingFeatures: See Remarks
    • WaterSewerExpense: 2300
    • InsuranceExpense: 2000
    • TotalActualRent: 1900
    • Inclusions: All major installed appliances.
    • MlsStatus: Under Contract
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $687,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $687,800