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Listed price in listed location currency (USD).
$1,170,000

000

MLS® 260001947

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes 
Days Active 1
Lot Size 
Approx. Age 
MLS® Number 260001947

Property Address: 241 Martin Luther King Jr Dr, Jersey City, NJ, 07305-3401

Average square foot calculated using Size range provided by listing agent.

Description

Prime shovel-ready development opportunity in the heart of Jersey City’s Jackson Hill Redevelopment Zone. Fully approved 5-story project featuring 18 residential units + 1 ground-floor commercial space, offered at $1, 170, 000. Architectural plans and city approvals are complete, saving the next developer years of time and cost. The approved design includes a mix of spacious 1-bed and 2-bed layouts, private outdoor patios, open courtyards, bike storage, and modern building systems with NFPA-13R sprinklers. Excellent frontage along MLK Drive with strong visibility for the commercial component. No variances required, all city engineering comments addressed, and the site is ready for immediate construction. Perfect for a builder or investor seeking a turnkey urban infill project in a rapidly developing corridor.
MLS® Number260001947
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2026List Date
$1,170,000List Price
  • Commute

Commute

Starting Address
Destination Address
241 Martin Luther King Jr Dr, Jersey City, NJ

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