289 MARTIN LUTHER KING JR DR, JC, Greenville, NJ 07305

← Back to search

$1,250,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

Full Baths

Half Baths

Find out more

Welcome to 289 MLK Dr, a unique and investment-ready 5-unit mixed-use building in the heart of Jersey City, NJ offering a pro-forma cap rate of over 8.3%. This property combines newly renovated residential units and a thriving, fully operational bodega on the ground floor, offering an excellent opportunity for investors or owner-occupants seeking a property with strong income potential. Four spacious 2-bedroom, 1-bathroom apartments featuring contemporary updates, high ceilings, and ample natural light. These units offer modern kitchens, updated bathrooms, central heating(gas), and hardwood floors throughout. The ground-floor retail space is home to a local bodega, providing essential goods to the community and generating steady rental income. Located just 5 blocks from the MLK Light Rail Station, commuting to New York City is convenient and fast. The station connects to the Hudson-Bergen Light Rail, which provides a direct route to Hoboken Terminal in approximately 20 minutes, where you can easily transfer to PATH trains for quick access to Manhattan (about a 10-minute ride). Whether you're looking to build equity or add a reliable income stream, this property provides immense value. Schedule a tour today to see the full potential of this incredible opportunity!

Location
Subdivision	-
County	Hudson
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, George Llerena, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 250003509

Listing agent: George Llerena #1327124

Listing broker: Provident Legacy Res Llc (201) 232-8930

Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 8 2025 at 5:38 p.m. EDT

Kotohomes National