$5,999,999

296 Paterson Plank Rd Jersey City, NJ 07307

27 beds
17 full, 1 partial
Multi-Family

Property details

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!

Highlights

Home typeQuadruplex
HeatingNatural Gas
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
ParkingAttached, Detached
MLS #240001434
Attached garage3 spaces

Summary

  • MLS Number: 240001434
  • MLS Name: HudsonCountyNJ
  • 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 © 2025 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: 2/22/2025, 4:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$5,999,999

296 Paterson Plank Rd

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Price information

Property sales

DateEventPrice
Feb 25, 2008
Home Sold
$800,000

Tax history

YearAssessmentProperty Tax
2024$902,200$20,272
2022$902,200$14,471
2021$902,200$14,471

History based on county public records data.

Nearby schools

6

Wallace Elementary School

Public District KG-5

0.5 mi

1100 Willow Ave

6

Thomas a Edison Elementary School

Public District PK-6

0.5 mi

507 West St

7

Joseph F Brandt Elementary School

Public District KG-5

0.5 mi

215 9th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,853. Typical income of Jersey City, NJ residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

43%
<35k
33%
35k-100k
19%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
3%
12-17 yrs old
41%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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 29 listings in Jersey City, NJ in January 2025 were sold above asking price, there were more than 16 listings sold at asking price, and more than 58 were sold below. The number of listings in Jersey City, NJ increased by 12.9% between December and January 2025. In January 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $710,888.

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

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