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    296-302 Paterson Plank Rd, Unit JC Jersey City, NJ 07307

    For Sale
    $5,999,999

    4 Family, Multi-level - JC, Heights, NJ

    Days on Market:
    105
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 296-302 Paterson Plank Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    27
    Bathrooms
    17
    Parking
    3
    Parking features
    Garage

    Utilities

    Heating system
    Natural Gas

    Building Details

    Architectural style
    Other

    ACCESS HOME REALTY (201) 766-2565 [email protected]

    Listing agent JULIO ALVARADO (201) 766-2565 License #0567648

    Listing date Aug 25, 2025

    MLS# 240001434 Listing URL

    Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Family Investment Opportunity in JC Heights

    This real estate portfolio presents a unique investment opportunity, situated on an exclusive block in The Heights, overlooking Hoboken and New York City. The location is between the Lincoln and Holland Tunnels, with the 9th Street Light Rail station nearby. The property's location in the Riverview Arts District of The Heights, with proximity to Washington St Park, enhances its appeal. The property can be held for residual income or redeveloped into rentals, townhomes, or condos. Current rents are below market value, offering potential for income growth. The location provides convenient access to New York City via major transportation options and is near shopping centers, banks, restaurants, and other amenities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0395824
    Latitude
    40.7491032

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    FAQs

    What type of property is this?
    Quadplex - Rare investment opportunity in JC Heights with income growth potential.
    Where is this quadplex located?
    The property is located at 296-302 Paterson Plank Rd, Unit JC Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $5,999,999.
    What are key features of this property?
    This property features: - Prime location in The Heights overlooking Hoboken and New York City.; - Close proximity to Lincoln Tunnel, Holland Tunnel, and 9th Street Light Rail for easy commuting.; - Significant potential for increased rental income due to below-market rents.
    (201) 766-2565
    Request Owner's contact information
    296-302 Paterson Plank Rd, Unit JC Jersey City, NJ 07307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    296-302 Paterson Plank Rd, Unit JC Jersey City, NJ 07307
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