$7,659

closing credit¹

68 Martin Luther King Jr Dr Jersey City, NJ 07305

$645,000
6 beds
2 full
Multi-Family

Property details

About 68 Martin Luther King Jr Dr

Discover this all-brick, 3-unit building located in the heart of the thriving Greenville section. Perfect for investors or owner-occupiers, this FHA-approved property is fully occupied, ensuring immediate income from day one. Unit Breakdown: Two spacious apartments, each featuring 3 bedrooms and 1 bathroom, offering comfortable layouts ideal for tenants. Collection $1900 each. A ground-floor retail space, perfect for a local business, adding to the property's income potential, leased at $1000. Low taxes, enhancing your investment returns. Located in a rapidly developing area, with increasing demand for residential and commercial spaces. Well-maintained, solid brick construction for long-lasting durability. This property is competitively priced to sell, making it a rare opportunity in a booming market. Don’t miss your chance to own a fully occupied, income-generating property in Greenville.

Highlights

Home typeTriplex
HeatingBaseboard
StatusActive
(ACTIVE)
MLS #250000688

Summary

  • MLS Number: 250000688
  • MLS Name: HudsonCountyNJ
  • Office Name: WEST HOBOKEN RESIDENTIAL LLC
  • Office Phone: (201) 903-0444

IDXThe 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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view of building exterior

$645,000

68 Martin Luther King Jr Dr

$7,659

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 12, 2019
Home Sold
$355,000
Feb 16, 2010
Home Sold
$250,000
Jun 03, 2004
Home Sold
$140,000

Tax history

YearAssessmentProperty Tax
2024$355,500$7,988
2022$355,500$5,700
2021$355,500$5,700
2020$255,500$3,934
2019$255,500$3,801

History based on county public records data.

Nearby schools

4

Dr. Maya Angelou Elementary School

Public District PK-5

0.4 mi

239 Ocean Ave

4

Gladys Cannon Nunery School

Public District PK-5

0.7 mi

123 Claremont Ave

2

Alexander D. Sullivan School

Public District PK-5

0.8 mi

171 Seaview Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,032. Most Jersey City, NJ residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
38%
35k-100k
19%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
29%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
34%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 68 Martin Luther King Jr Dr in Jersey City, NJ and zip code 07305 in the Greenville neighborhood. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $645,000.

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 number of listings in Jersey City, NJ decreased by 7.4% between November and December 2024. In December 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $711,431.

From Rocket Homes Real Estate and based on county public records data.

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