344 Paterson Plank Rd Jersey City, NJ $ 1,950,000
344 Paterson Plank Rd
$ 1,950,000
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344 Paterson Plank Rd

Jersey City, NJ, 07307
$ 1,950,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 12,313

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Multi-Family Home for sale in Jersey City, NJ

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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Multi-Family Active

Price

$ 1,950,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 26,030

Style

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

260017408

Features
General
Status 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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Interior
Total Number of Units 2
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Exterior
Lot Dimensions 25.14x214.16
Lot 6
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* Excluded Features
List By
Neighborly Realty

Broker

(917) 891-0808

Phone

Affordability Calculator

$14,482
Per Month
85%
15%
0%
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.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$1,950,000 Listed Price

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344 Paterson Plank Rd, Jersey City, NJ, 07307 is a Multi-Family Home for sale at $1,950,000. 344 Paterson Plank Rd has 5 bedrooms and 3.0 baths. The property's zip code is 07307 which is in Jersey City, NJ