467 1/2 Martin Luther King Jr Dr 5,250 SF Vacant Retail Building Jersey City, NJ 07304 $1,268,856 CAD ($241.69 CAD/SF)

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.