4 Baths

$649,000

203-205 MARTIN LUTHER KING BLVD, JC, Greenville NJ, 07305

Property typeCommercial

Overview

Active

Listed Oct 13, 2026

Updated 8h ago

INVESTOR & DEVELOPER OPPORTUNITY! Welcome to 203–205 Martin Luther King Dr, Jersey City, NJ 07305. This is an excellent opportunity for investors, builders, and developers looking for their next project in Jersey City. Situated on a large 45' x 105.7' lot, the property currently features two commercial storefronts on the first floor and two residential apartments on the second floor and requires a full renovation, offering significant potential to reimagine the existing space. The seller has plans for a proposed redevelopment featuring four residential apartments and two commercial storefronts, subject to all required municipal approvals, permits, zoning compliance, and other applicable requirements. Seller has plans for 13 apartments and a store. Variance Required Located within a redevelopment zone, this property presents an exciting opportunity for those looking to renovate, reposition, or explore future development potential. Bring your vision, contractor, and development team to unlock the possibilities! Property is being sold strictly AS-IS. Buyer is responsible for conducting all due diligence and independently verifying zoning, redevelopment regulations, proposed plans, and all required approvals with the City of Jersey City. Buyer is also responsible for verifying and obtaining all required city inspections, permits, certificates, and the Certificate of Occupancy (CO), as applicable.

Additional information

MLS^® ID: 260020694

Interior Features

Bathrooms: 4
Basement: No

Courtesy of KELLER WILLIAMS TEAM REALTY with BISHOY MEGALLA,
Listing Contact: 973-252-2800

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 10/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/15/2026 at 3:01 PM UTC