344 Paterson Plank Rd
Jersey City, NJ, 07307 $ 1,950,000
Bedrooms5 Baths3.0 Monthly Estimate*
$ 12,313
for $1,950,000 with 5 bedrooms and 3 full baths.
LOCATION. LOCATION. LOCATION!!!! BUY THE POSITION. BUILD THE UPSIDE. This is the investment play buyers rarely get in Jersey City Heights: acquire Unit 2 and the Penthouse together at 344 Paterson Plank Road, giving the buyer two full-floor residences, approximately 2,950 combined square feet, majority ownership in the building, Palisade Avenue easement access, and attached architectural plans for the first phase of the build-up. This is not a standard condo sale. It is a strategic bulk sale designed for a buyer looking to create value through ownership position, scale, and flexibility. Located in a PRIME LOCATION near the Congress Street / 9th Street Light Rail, NJ Transit, Hoboken, Downtown Jersey City, restaurants, cafes, parks, and major commuter access, the property offers strong end-user, resale, rental, and long-term hold potential. The opportunity is in the exit strategies. A buyer may evaluate renovating and reselling the units separately, holding both residences as income-producing assets, reconfiguring each full floor into two units, or building above the Penthouse and expanding the property. Unit 2 offers approximately 1,400 square feet with a large balcony, two oversized bedrooms, direct private elevator entry, NYC skyline views, and a multi-level layout. The Penthouse offers approximately 1,530 square feet with direct private elevator entry, NYC skyline views, custom finishes, 3 bedrooms, a den, 2 full bathrooms, radiant floor heating, custom millwork, premium kitchen appliances, smart-home features, and 1-car parking. The value is not just in what exists today. The value is in what the next buyer can potentially create. Bulk sale only. Unit 2 and the Penthouse must be purchased together. Plans and supporting documents are available for review. Condominium governing documents will be provided once in AR. Buy majority ownership in a small Jersey City Heights building, acquire two full floors, control the upside, and use the attached build-up plans to evaluate the next phase.
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FeaturesGeneralStatus Active ACTIVE
Stories Count 4
County Hudson
Class CI INVESTMENT - SALE ONLY
Type Investment
Block 1703
Section Heights
Fuel Gas
Subdivision NJ
Sale/Rent For Sale
Status Detail 0
Area JC Heights
Primary City Jersey City
City JC Heights
Taxes 26030
DOM 0
Postal Code 07307
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ExteriorLot Dimensions 25.14x214.16
Lot 6
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $12,313
- Monthly Property Taxes
- $2,169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Jersey City, NJ
Average List Price $1,144,039
Percent of Sale Price 41%
About Jersey City, NJ 276,709 Population
15% Since 2002
$ 68,187 Median Income
37.13 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/1/2026 | $1,950,000 | | Listed Price |