344 Paterson Plank Rd, Jersey City, NJ 07307

Property Description

LOCATION. SCALE. CONTROL. UPSIDEAn exceptional bulk sale opportunity is now available at 344 Paterson Plank Rd in Jersey City Heights, offering Unit 2 and the Penthouse togetherLocated in a PRIME LOCATION near the Congress St / 9th Street Light Rail, NJ Transit, Hoboken, Downtown Jersey City, restaurants, cafes, parks, & major commuter access, this offering is built for a buyer looking beyond a single-unit purchaseThe bulk sale includes 2 full-floor condominium residences totaling approximately 2,950 combined sq ft. Unit 2 offers approximately 1,400 sq ft, & the PH offers approximately 1,530 sq ft. Together, the two units provide majority ownership in the buildingUnit 2 features a large balcony, two oversized bedrooms, direct private elevator entry, NYC skyline views, 1-car parking, and a multi-level layout. The PH adds a high-end top-floor residence with direct private elevator entry, NYC skyline views, custom finishes, 3 bedrooms, a den, 2 full bathrooms, and 1-car parking.The BIGGER PLAY is the upside. A buyer may explore multiple value-creation paths, including holding & repositioning both residences, renovating & reselling separately, reconfiguring each full floor into 2 units, or building above the PH & expanding the property.Architectural plans for the 1st phase of the build-up are attached. The property also benefits from easement access to Palisade Ave, adding another strategic feature to the offeringPlans & supporting documents are available for review