309 Martin Luther King Jr Dr, Jersey City, NJ, 07305
About This Home
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Roof: Rubber
- Construction materials: Brick,Stucco
Notable Dates
- Major remodel year: 2026
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Refrigerator,See Remarks,Range/Oven - Gas,Microwave Oven,Self-Cleaning Oven,Gas Water Heater
Basement
- Has basement: Yes
- Basement: Yes,French Drain,Unfinished,Sump Pump
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3.2
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Beamed Ceilings,High Ceilings,See Remarks,Eat-In Kitchen,Living/Dining Room
- Window features: Skylight(s)
- Flooring: Wood
- Number of fireplaces: 2
- Fireplace: Yes
Heating & Cooling
- Heating features: Baseboard - Hotwater,Forced Air,Zoned,Radiant - Electric,Electric,Natural Gas
- Cooling features: 1 Unit,Ductless Split AC
Interior Area
- Total structure area: 4,900
- Total interior livable area: 4,900 sqft
Property
Details
- Parcel number: 1806231010000000350000
- Zoning description: Rezone
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Lot size: 2,415 sqft
- Lot size dimensions: 23.30 x 103.67 IR
Parking
- Parking features: See Remarks
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,062 | $72,744 |
| Home Insurance * | $553 | $6,636 |
| Property Taxes | $1,558 | $18,696 |
| Electricity | $540 | $6,481 |
| Total | $8,713 | $104,556 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $1,199,000 |
| 2024-02-21 | Listing removed | -- |
| 2024-02-20 | Price change | $2,300 |
| 2024-02-07 | Price change | $2,000 |
| 2023-12-02 | Listed for rent | $2,200 |
| 2019-09-27 | Listing removed | $1,750 |
| 2019-09-25 | Price change | $1,750 |
| 2019-07-30 | Price change | $1,550 |
| 2019-04-29 | Price change | $1,600 |
| 2019-04-17 | Listed for rent | $1,700 |
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