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298 Paterson Plank Rd, Jersey City, NJ, 07307

$1,499,999

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths
Multi

Location

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298 Paterson Plank Rd, Jersey City$1,499,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage3 spaces
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
MLS #240001439
StatusActive
(ACTIVE)

About 298 Paterson Plank Rd

Excellent incoming producing property located on the most exclusive block in Jersey City Heights. The home is being sold as a package deal with 296, 300, and 302 Paterson Plank Road. The Properties net $272,408.19 yearly. The cap rate is 4.5% .

Property Details

Property Features

Property Information:

  • Architectural Style: Row House

Listing Office:

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

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 3 spaces

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,999

Tax Information:

  • Annual Amount: $10,287
  • Tax Year: 2020
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Housing Market Comparison

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

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Jersey City, NJ

City

Med. Sold Price

$715K

Med. Price/SqFt

$623

Avg. Days On Market

38

# of Sold Homes

146

298 Paterson Plank Rd vs Jersey City

39 DAYS ON ROCKET

+1 Day

$1,499,999

+$784.9K More

KEY TAKEAWAY

This property is $784.9K 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: #240001439

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: 12/22/2024, 8:16:05 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

Jan 08, 2010Home Sold
$460,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,287$848,400
2019$12,624$848,400
2018$2,053$138,000
2017$10,764$138,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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NMLS#3030

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-921315
6
/10

  • Wallace Elementary School

  • 1100 Willow Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-921316
6
/10

  • Thomas a Edison Elementary School

  • 507 West St

  • 0.50 miles

  • Public District Grades PK-6

school-card-donut-921317
7
/10

  • Joseph F Brandt Elementary School

  • 215 9th St

  • 0.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,853. Residents of Jersey City, NJ typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hudson County›Jersey City›07307›298 Paterson Plank Rd

This home is located at 298 Paterson Plank Rd in Jersey City, NJ and zip code 07307 in the The Heights neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,499,999.

In November 2024, from all listings sold in Jersey City, NJ there were more than 30 sold above asking price, over 73 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Jersey City, NJ increased by 1.3% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $715,000 during the same period.

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

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