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296 Paterson Plank Rd, Jersey City, NJ, 07307

$5,999,999

27 Bedrooms
17 Full Baths, 1 Partial
Multi

Location

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Property Highlights

Home TypeQuadruplex
ParkingAttached, Detached
Attached Garage3 spaces
HeatingNatural Gas
CoolingWindow Unit(s)
MLS #240001434
StatusActive
(ACTIVE)

About 296 Paterson Plank Rd

Welcome to this once in a lifetime investment opportunity!!! This phenomenal Real Estate portfolio is located on the most exclusive block in The Heights! Perched on top of the cliffs overlooking all of Hoboken and New York City, sit these impeccable properties . It's positioned right in between both Lincoln Tunnel & Holland Tunnel along with the 9th Street Light Rail train station right across the street. The possibilities are endless for what can be done with this Gem. It can be held to generate residual income or possibly knocked down to create ultra luxurious rentals, townhomes, or condos on this massive lot. The majority of the units are being rented substantially below market as well so there's room for amazing growth! This is a fantastic location in the Riverview Arts District of The Heights. The vibrant Washington St Park is also located half a block away as well. These properties epitomize what Real Estate is all about: Location, Location, Location! This will not last, schedule a private tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level

Listing Office:

  • Office Name: ACCESS HOMES REALTY
  • Office Phone: (201) 766-2565

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 17
  • Total Bedroom Count: 27

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Detached

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,999,999

Tax Information:

  • Annual Amount: $10,939
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jersey City, NJ.

Med. Sold Price

$715K

Med. Price/SqFt

$623

Avg. Days On Market

38

# of Sold Homes

146

296 Paterson Plank Rd vs Jersey City

35 DAYS ON ROCKET

-3 Days

$5,999,999

+$5.2M More

KEY TAKEAWAY

This property is $5.2M more than the Median Sold Price in Jersey City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HudsonCountyNJ
  • MLS Number: #240001434

Listing Office:

  • Office Name: ACCESS HOMES REALTY
  • Office Phone: (201) 766-2565

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2008Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,939$902,200
2019$13,424$902,200
2018$1,574$105,800
2017$8,252$105,800

History based on county public records data.

Payment Calculator

$30K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4378169
6
/10
  • Wallace Elementary School

  • 1100 Willow Ave

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-4378170
6
/10
  • Thomas a Edison Elementary School

  • 507 West St

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-4378171
7
/10
  • Joseph F Brandt Elementary School

  • 215 9th St

  • 0.52 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,853. The most common annual income of people living in Jersey City, NJ is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesNew JerseyHudson CountyJersey City07307296 Paterson Plank Rd

This home is located at 296 Paterson Plank Rd in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 27 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $5,999,999.

While more than 30 listings in Jersey City, NJ in November 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 73 were sold below. The number of listings in Jersey City, NJ increased by 1.3% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $715,000.

From Rocket Homes Real Estate and based on county public records data.

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