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Mixed-Use Property with Storefront
For Sale
$505,000

75 MARTIN LUTHER KING JR DR JC, Greenville, NJ 07305

Two occupied apartments accompany a vacant storefront prepared for renovation.

Property SizeContact for details
Days on Market15

Property Features for 75 MARTIN LUTHER KING JR DR JC

General Information

Standard status Active
Property subtype 2 Family

Property Condition

Severity Major Repairs Needed
Evidence gutted

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: WEICHERT REALTORS
Listed By: NENITA ROQUE · License #1433504
Source: Propertiesbysouthern
Added: Sep 22 Changed: Oct 5 Last Checked: Oct 5 at 10:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS

Investment Insights

Based on property information with market context.

This mixed-use property includes two occupied apartments with a combined five bedrooms and 2.5 bathrooms. Each apartment has a rear deck. The storefront is vacant and gutted, with renovation needed; the property is being sold as-is.

The property is on Martin Luther King Jr. Drive in Greenville, blocks from the Danforth Light Rail transfer station. Route 440, the New Jersey Turnpike, Bayonne Costco, ACME, Target, Planet Fitness, and local restaurants are described as minutes away.

Key Highlights

  • Two apartments with 5 bedrooms and 2.5 bathrooms combined
  • Rear deck for each apartment
  • Vacant, gutted storefront requiring renovation

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,725
Businesses Nearby

Demographics for 07305, NJ

67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two occupied apartments accompany a vacant storefront prepared for renovation.
Where is this mixed-use property located?
The property is located at 75 MARTIN LUTHER KING JR DR JC Greenville, NJ.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: Two apartments with 5 bedrooms and 2.5 bathrooms combined; Rear deck for each apartment; Vacant, gutted storefront requiring renovation
More about this property
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