344 PATERSON PLANK RD PH, JC, Downtown, NJ, 07307

  • $1,950,000
344 PATERSON PLANK RD PH

344 PATERSON PLANK RD PH, JC, Downtown, NJ, 07307

344 PATERSON PLANK RD PH
  • $1,950,000

Description

LOCATION. SCALE. CONTROL. UPSIDE. This is not your standard condo listing. This is a rare bulk sale opportunity at 344 Paterson Plank Road in Jersey City Heights, offering the Penthouse & Unit 2 together. The Penthouse is being sold as part of a bulk sale with Unit 2. The list price reflects the total bulk sale for both units combined. Set 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, this offering gives a buyer more than two residences. It gives a buyer position, flexibility, and multiple paths to future value. The bulk sale includes two full-floor condominium residences totaling approximately 2,930 combined square feet. The Penthouse offers approximately 1,530 square feet, and Unit 2 offers approximately 1,400 square feet. Together, the two units provide majority ownership in the building. The Penthouse itself is a standout residence with direct private elevator entry, NYC skyline views, a multi-level layout, 3 bedrooms, a den, 2 full bathrooms, high-end custom finishes, radiant floor heating, custom millwork, premium kitchen appliances, smart-home features, and 1-car parking. The bigger play is the upside. A buyer may explore multiple value-creation paths, including holding and repositioning both residences, renovating and reselling separately, reconfiguring each full floor into two units, or building above the Penthouse and expanding the property. Attached are the architectural plans for the first phase of the build-up. The property also benefits from easement access to Palisade Avenue, adding another strategic feature to the offering. Plans and supporting documents are available for review.

Details

Features

  • A/C Central
  • Brick
  • Dishwasher
  • Elevator
  • Gas
  • Intercom
  • Near Bus
  • Near Parks
  • Near Path
  • Near Schools
  • Near Shopping
  • Near Train
  • New York View
  • Other-See Remarks
  • Oven/Range Gas
  • Refrigerator
  • Washer/Dryer

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Listed By: NEIGHBORLY REALTY

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