344 Paterson Plank Rd, Jersey City NJ 07307-1051

$2,700,000
Active
Jersey City
Bedrooms
7

About this home

LOCATION. LOCATION. LOCATION!!!! BUY THE POSITION. BUILD THE UPSIDE. RARE JERSEY CITY HEIGHTS DEVELOPMENT OPPORTUNITY.Acquire THREE FULL FLOORS at 344 Paterson Plank Road in one bulk transaction. Over 4,250 combined sq. ft. Majority Building Ownership. Extra-deep development lot. Palisade Avenue easement access. Architectural plans for the first phase of vertical expansion.This offering gives an investor or developer substantial ownership and scale with multiple potential strategies to create value. Located near the Congress Street / 9th Street Light Rail with access to Hoboken, Downtown Jersey City, NJ Transit, PATH connections, restaurants, cafes, parks, and major commuter routes.Unit 2: approx. 1,400 sq. ft., 2 oversized bedrooms, large balcony, private elevator entry, NYC skyline views, multi-level layout. Unit 3: approx. 1,300 sq. ft., full-floor residence, 2 oversized bedrooms, NYC skyline views. Penthouse: approx. 1,530 sq. ft., 3 bedrooms plus den, 2 full baths, private elevator entry, NYC skyline views, radiant floor heating, custom millwork, premium appliances, smart-home features.MULTIPLE POTENTIAL VALUE-CREATION AND EXIT STRATEGIES.BULK SALE ONLY. Unit 2, Unit 3, and the Penthouse must be purchased together. Architectural plans and supporting due diligence materials are available for review. Condominium governing documents will be provided once in Attorney Review.

Taxes & fees

Annual property tax
$0
Tax year
0
Tax rate
0.000

Property details

Year Built
1996
Roof (*text)
Asphalt Shingle
MLS #
4050835

Features & amenities

Year Built (*numeric)
1996
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
4
Basement (*text)
Yes
Cooling (*text)
See Remarks
Garage spaces
0
Heating
See Remarks
Lot dimensions
21.14' x 214.25'x91
Property Location

40.750703198842, -74.039096832275

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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