Unlock the full potential of this Class C Mixed-Use income-generating property in the heart of Jersey City's growing Greenville neighborhood. 32 MLK Jr Drive features: 2 Spacious Residential Units (both 3BR / 1BA) Retail or Office Space on Ground Level Three Stories of Usable Space No Rent Control & Active Green Card Separately Metered Utilities Low Operating Expenses Total Gross Annual Income: $67, 800 Net Operating Income (NOI): $48, 979 Estimated Cap Rate: 6.53% This is a prime opportunity for investors looking for a stabilized asset with solid in-place cash flow and upside potential in a rapidly developing area near mass transit, shopping, and schools. With no renovation required, this turnkey property is ready to go from day one.

Based on information submitted to NJ_HCMLS_RETS as of May 15, 2026 11:25 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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Property Details of 32 Martin Luther King Jr Drive, Unit 2

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Property Details of 32 Martin Luther King Jr Drive, Unit 2

Property Details

Basic Information

Building

Location

Other Details

Finance

Map Location

Driving Directions

Hi there! How can we help you?

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