$8,906 Closing Credit¹
Listing Office: KELLER WILLIAMS TEAM REALTY
$9,500
closing credit¹
425 Martin Luther King Jr Dr Jersey City, NJ 07304
$799,999 List price
$9,500
Closing credit¹
6 beds
2 full, 1 partial
Multi-Family
Property details
About 425 Martin Luther King Jr Dr
This mixed-use property offers tremendous potentia lwith 2 spacious 3-bedroom, 1 bathroom apartments and a commercial unit on the ground floor. Perfect for investors or owner-occupants looking for rental income. The property is ideally located close to the light rail and the new municipal building
Highlights
Home typeTriplex
HeatingBaseboard, Natural Gas
StatusActive
(ACTIVE)
(ACTIVE)
BasementYes
MLS #240023707
Summary
- MLS Number: 240023707
- MLS Name: HudsonCountyNJ
- Office Name: KELLER WILLIAMS CITY LIFE JC REALTY
- Office Phone: (201) 433-1111
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,999
425 Martin Luther King Jr Dr
$9,500
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 08, 2008 | Home Sold | $650,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $550,000 | $12,358 |
| 2022 | $550,000 | $8,822 |
| 2021 | $550,000 | $8,822 |
| 2020 | $550,000 | $8,470 |
| 2019 | $550,000 | $10,176 |
History based on county public records data.
Nearby schools
4
Gladys Cannon Nunery School
Public District PK-5
0.3 mi
•123 Claremont Ave
5
Empowerment Academy Charter School
Public Charter KG-6
0.5 mi
•240 Ege Ave
5
Julia A. Barnes School
Public District PK-5
0.5 mi
•91 Astor Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,467. The most common annual income of people living in Jersey City, NJ is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
49%
<35k
41%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
34%
Single, with Kids
11%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
12%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 425 Martin Luther King Jr Dr in Jersey City, NJ and zip code 07304 in the Bergen-Lafayette neighborhood. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $799,999.
In December 2024 more than 37 listings in Jersey City, NJ were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 56 were sold below. The inventory of homes for sale in Jersey City, NJ between November and December 2024 decreased by 7.4%. While the average time on the market in December 2024 was 39 days, the median list price was $711,431.
From Rocket Homes Real Estate and based on county public records data.