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$6,900,000
571-575 Martin Luther King Drive, Jersey City, NJ, 07304
MLS# 26026226
Commercial — Retail
Property Type
Description
**Prime Commercial Investment Opportunity – Jersey City** Fully leased - L Located along the growing Martin Luther King Jr. Drive commercial corridor, this approximately **18,000 SF fully commercial property** offers strong in-place income with additional upside potential. The property features **multiple retail storefronts** with a diverse tenant mix and is currently **fully leased**, providing stable cash flow for investors. Positioned in a high-visibility location with strong neighborhood traffic, the property is surrounded by established businesses including **KFC, a fish market, beauty supply stores, and other local retailers**. As Jersey City continues to grow and transform, this asset offers an attractive opportunity for investors seeking **stable income, long-term appreciation, and future upside potential**.
Tax & Financial Information
| Annual Property Taxes | $56,040 |
| Listed | July 13, 2026 |
Listing Information
Listing Office: RE/MAX NOW - Palisades Park — 201-891-8000
Listing Agent: Eunjung Choi — 201-282-8640 — gracechoihappy@gmail.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 7/13/2026.
Total Monthly Cost
$49,098/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $1,380,000 | Loan: $5,520,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Jersey City
PATH (Journal Sq–33rd St)
Journal Square
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
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