NOT LISTED FOR SALE

241 Martin Luther King Dr Jersey City, NJ 07305

Greenville Neighborhood

Estimated Value: $690,070 - $1,435,000

0.09 Acre
$11,805,944 Price per Acre
4,195 Sq Ft Lot

Last Sold December 09, 2015

Last sale price $80,000

Est. 1,228% increase in value since last sale

Current estimated payment $7,546/month

140 Days on Market

About This Lot

As of December 2015

Highest & Best awarded - no longer taking any offers. Double wide very buildable lot in Greenville neighborhood of three story mixed use storefronts and residential. In MLK Drive Redevelopment Zone. Priced to sell. Bring all offers!!!

Last Agent to Sell the Property

Andrew Elkins

COLDWELL BANKER REALTY License #1435716 Listed on: 05/20/2015

COLDWELL BANKER REALTY

Last Buyer's Agent

Andrew Elkins

COLDWELL BANKER REALTY License #1435716 Listed on: 05/20/2015

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,256

Lot Details

  • 4,195 Sq Ft Lot
  • Lot Dimensions are 46.03 x 91.15
  • Property is zoned MLK Drive Redevelopment

Listing and Financial Details

  • Legal Lot and Block 00030 / 23404
  • Assessor Parcel Number 79792

Property Details

Property Type

Land

Est. Annual Taxes

$3,256

Lot Details

0

Listing Details

  • Class: VACANT LAND
  • Type: Vacant Land
  • Front Feet: 46
  • Lead Paint Form: Yes
  • Section: Greenville
  • Assessor Parcel Number: 79792
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Assessed Value: 43800
  • Assessed Value Year: 2015
  • Geo Quality: 1
  • Geo Zoom Level: 16
  • Lot: 00030
  • Lot Size: 46.03 x 91.15
  • Lot Sq Ft: 4195
  • Number of Lots: 1
  • Zoning: MLK Drive Redevelopment
  • Acres: 0.09

Tax Info

  • Taxes: 3256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
241 Martin Luther King Drive Llc
Bought by
Chom 241 Llc
Current Estimated Value
$1,062,535

Purchase Details

Listed on
May 20, 2015
Closed on
Dec 4, 2015
Sold by
Akram Qaiser
Bought by
241 Martin Luther King Drive Llc
Seller's Agent
Andrew Elkins
COLDWELL BANKER REALTY
Buyer's Agent
Andrew Elkins
COLDWELL BANKER REALTY
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.46%

Purchase Details

Closed on
Mar 7, 2012
Sold by
City Of Jersey City
Bought by
Akram Qaiser
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chom 241 Llc $550,000 None Available
241 Martin Luther King Drive Llc $80,000 Able Title Agency Llc
Akram Qaiser -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2015 12/09/15 Sold $80,000 -5.9% --
10/07/2015 10/07/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $85,000 -- --
Source: Hudson County MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,071 $943,600 $943,600 --
2024 $21,203 $943,600 $943,600 $0
2023 $21,203 $943,600 $943,600 $0
2022 $1,722 $81,300 $81,300 $0
2021 $1,304 $81,300 $81,300 $0
2020 $1,309 $81,300 $81,300 $0
2019 $1,252 $81,300 $81,300 $0
2018 $652 $81,300 $81,300 $0
2017 $3,416 $43,800 $43,800 $0
2016 $3,373 $43,800 $43,800 $0
2015 $3,277 $43,800 $43,800 $0
2014 $3,256 $43,800 $43,800 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Andrew Elkins

    COLDWELL BANKER REALTY

    (973) 449-6180

    2 Total Sales

    Andrew Elkins
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Map

Source: Hudson County MLS

MLS Number: 150006632

Hudson County MLS

APN: 06-23404-0000-00030

New Jersey Hudson County Jersey City 07305 Greenville

241 Martin Luther King Dr, Jersey City, NJ

This home is located at 241 Martin Luther King Dr, Jersey City, NJ 07305 since 20 May 2015 and is currently estimated at $1,062,535. 241 Martin Luther King Dr is a home located in Hudson County with nearby schools including Gladys Cannon Nunery School, PS #29, Henry Snyder High School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson County MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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