344 Paterson Plank Rd, Jersey City NJ 07307-1051

$1,950,000
Active
Jersey City
Bedrooms
3
Bathrooms
2.00

About this home

LOCATION. SCALE. CONTROL. UPSIDEAn exceptional bulk sale opportunity is now available at 344 Paterson Plank Rd in Jersey City Heights, offering Unit 2 and the Penthouse togetherLocated in a PRIME LOCATION near the Congress St / 9th Street Light Rail, NJ Transit, Hoboken, Downtown Jersey City, restaurants, cafes, parks, & major commuter access, this offering is built for a buyer looking beyond a single-unit purchaseThe bulk sale includes 2 full-floor condominium residences totaling approximately 2,950 combined sq ft. Unit 2 offers approximately 1,400 sq ft, & the PH offers approximately 1,530 sq ft. Together, the two units provide majority ownership in the buildingUnit 2 features a large balcony, two oversized bedrooms, direct private elevator entry, NYC skyline views, 1-car parking, and a multi-level layout. The PH adds a high-end top-floor residence with direct private elevator entry, NYC skyline views, custom finishes, 3 bedrooms, a den, 2 full bathrooms, and 1-car parking.The BIGGER PLAY is the upside. A buyer may explore multiple value-creation paths, including holding & repositioning both residences, renovating & reselling separately, reconfiguring each full floor into 2 units, or building above the PH & expanding the property.Architectural plans for the 1st phase of the build-up are attached. The property also benefits from easement access to Palisade Ave, adding another strategic feature to the offeringPlans & supporting documents are available for review

Taxes & fees

Annual property tax
$13,321
Tax year
2025
Tax rate
2.335
Association fee
$373

Property details

Rooms
9
Year Built
1908
BathroomsFull
2
Roof (*text)
Asphalt Shingle
Floors No
Marble, Stone, Tile, Wood
PetsAllowed (*text)
Cats OK, Dogs OK, Size Limit
MLS #
4049547

Features & amenities

Year Built (*numeric)
1908
Basement
No
Roofing (*text)
Asphalt Shingle
Basement (*text)
No
Cooling (*text)
Central Air, Multi-Zone Cooling
FireplacesTotal (*text)
0
Garage spaces
0
Heating
Cent Register Heat, Forced Hot Air, Multi-Zone
Lot dimensions
25.13X92 IRR.
Property Location

40.750621921747, -74.039182662964

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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