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Map
$1,929,736*
●
Land -
Off Market
1-5 MARTIN LUTHER KING JR DR
JC, Greenville, NJ 07305
Studio
0 Bath
$1,193,000 - $1,457,000
Reference Base Price*
45.64%
Since Sep 1, 2019
NY-New York
Primary Model
About This Property
BUILD 6+ STORIES WITH OVER 9,500 SQFT CORNER LOT IN JACKSON HILL
REDEVELOPMENT ZONING! This property sits on the corner of
M.L.K Dr & McAdoo Ave, already has a curb cut out on McAdoo Ave,
currently hosts a 1 story commercial building, and has tons of
potential for a mid rise mixed use building with parking! Jackson
Hill Redevelopment Plan states no "dwelling units per acre"
maximium here, minimum bedroom size & unit size are dictated by
Jersey City building code, high density can be achieved. Can
be sold as package deal with 30-32 McAdoo Ave. Total package
is ~14,000sqft in redevelopment, priced at 1,800,000 for
everything.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1924
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2022 | Sold | $1,500,000 | |
| Sold | |||
| Aug 23, 2022 | No longer available | - | |
| No longer available | |||
| Oct 31, 2020 | No longer available | - | |
| No longer available | |||
| Jul 3, 2020 | In contract | - | |
| In contract | |||
| Apr 21, 2020 | Listed | $1,500,000 | |
| Listed | |||
|
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|
BUILD 6+ STORIES WITH OVER 9,500 SQFT CORNER LOT IN JACKSON HILL
REDEVELOPMENT ZONING! This property sits on the corner of M.L.K Dr
& McAdoo Ave, already has a curb cut out on McAdoo Ave, currently
hosts a 1 story commercial building, and has tons of potential for
a mid rise mixed use building with parking! Jackson Hill
Redevelopment Plan states no "dwelling units per acre" maximium
here, minimum bedroom size & unit size are dictated by Jersey City
building code, high density can…
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Show More
Property Highlights
1-5 MARTIN LUTHER KING JR DR
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
3
Baths
-
$1,390,000
Feb 11, 2021
$1,390,000
Mar 18, 2021
$1,046/mo
Sold
Condo
2
Beds
2
Baths
-
$1,310,000
Mar 25, 2024
$1,310,000
Mar 25, 2024
$2,835/mo
Sold
Condo
2
Beds
2
Baths
-
$1,288,000
Feb 8, 2023
$1,288,000
Jun 30, 2023
$3,165/mo
Sold
Condo
2
Beds
2
Baths
-
$1,483,000
Apr 13, 2023
$1,483,000
Sep 1, 2023
$3,271/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/21/2020
|
|
Loft
|
-
|
-
|
$1,500,000
Loft
-
|
-
-
|
-
|
ALLEN WALTON
KELLER WILLIAMS CITY LIFE JC REALTY
|
|
12/25/2018
|
|
Loft
|
-
|
-
|
$49,999
Loft
-
|
-
-
|
-
|
-
|
Building Info
1 Martin Luther King Drive
1 Martin Luther King Drive, Jersey City, NJ 07305
