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467.5-469 MARTIN LUTHER KING JR DR Jc Bergen-lafayett, NJ 07304
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260008288
Annual Tax Amount $8,163
Lot Dimensions 1847
Property Sub-Type Investment
Property Description
Two adjacent mixed-use properties in the Bergen-Lafayette section of Jersey City, just three blocks from the Hudson Light Rail, offering convenient eastbound access to Downtown Jersey City and PATH connections. The properties are also within walking distance of Arlington Park and Berry Lane Park. Currently vacant, with most framing completed and partial plumbing and electrical work already in place, these buildings present a strong value-add opportunity. Situated within the Jackson Hill Redevelopment Area, there is potential to expand by adding additional stories to maximize the property's full development capacity of four stories. Each building includes a ground-floor commercial unit and a residential unit above, for a total of four units across both properties.
Location
State NJ
County Hudson
Area Jc Bergen-Lafayette
Listed by TERRANE REALTY ADVISORS
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