344 Paterson Plank Rd, Jc, Heights, NJ 07307

Property Description

LOCATION. LOCATION. LOCATION. BUY THE POSITION. BUILD THE UPSIDE. 344 Paterson Plank Road sits one block from the Congress Street / 9th Street Light Rail — with direct service to Hoboken Terminal, PATH connections, NJ Transit, and Downtown Jersey City. Manhattan is across the river. The Heights puts you above it. Three full floors. One bulk purchase. 76.8% governing interest in the condominium association. Over 4,243 combined sq. ft. across Units 2, 3, and the Penthouse — each occupying its own floor with no shared hallways and no shared ceilings. The building sits on an extra-deep lot with a rear access strip running 214 feet to Palisade Avenue. Architectural plans for Phase 1 vertical expansion have already cleared municipal Zoning Determination. Five strategies. One property. Cap rates from 4.74% to 10.28%. Each unit stands on its own: the Penthouse delivers 1,528 sq. ft., 3 bedrooms plus den, direct private elevator entry, NYC skyline views, radiant floor heating, smart-home features, and premium finishes. Unit 2 adds 1,395 sq. ft. with a large balcony and multi-level layout. Unit 3 contributes 1,320 sq. ft. and solidifies the buyer’s ownership position. BULK SALE ONLY. Units 2, 3, and the Penthouse must be purchased together. Full investment brochure — unit-by-unit financials, floor plans, tax map, architectural plans, and governing documents — available upon request.