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

    For Sale
    $1,499,999

    3 Family - JC, Heights, NJ

    Days on Market:
    381
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 302 Paterson Plank Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    3
    Parking
    1

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Building materials
    Brick, Stone
    Architectural style
    Other

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

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

    Listing date Nov 21, 2024

    MLS# 240001448 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

    Jersey City Heights Income Property

    Located in Jersey City Heights, New Jersey, this property is an income-producing triplex. The property is being sold as a package deal with 296, 298, and 300 Paterson Plank Road. These properties net $272,408.19 yearly, with a cap rate of 4.5%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -74.0395219
    Latitude
    40.7492755

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    FAQs

    What type of property is this?
    Triplex - Excellent income property in Jersey City Heights, New Jersey.
    Where is this triplex located?
    The property is located at 302 Paterson Plank Rd, Unit JC Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,499,999.
    What are key features of this property?
    This property features: - High income-producing property netting $272,408.19 yearly.; - Located on the most exclusive block in Jersey City Heights.; - Package deal including 296, 298, and 300 Paterson Plank Road.
    (201) 766-2565
    Request Owner's contact information
    302 Paterson Plank Rd, Unit JC Jersey City, NJ 07307
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    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
    302 Paterson Plank Rd, Unit JC Jersey City, NJ 07307
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