295 Morris Ave, Newark City, NJ 07103
- $1,600,000
- List Price
- $1,600,000
- Days on Market
- 266
- Status
- ACTIVE
- MLS#
- 3996165
- Lot Size (Acres)
- 0.28
Property Description
Unparalleled development opportunity awaits in Newark's University Heights. Five contiguous lots at 303 Morris Ave offer shovel-ready approvals for a 27-unit residential building with approximately 5,500 SF of ground-floor commercial space. This rare parcel is surrounded by established apartment communities and academic facilities, delivering strong rental demand and excellent walkability to transit, universities, and downtown Newark. Ideal for developers and investors seeking a shovel ready multifamily + retail project in a high-growth, transit-oriented neighborhood.
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Additional Information
- Area
- Newark City
- Subdivision
- Block 246 LOTS 5 & 7-10
- Taxes
- $1,140
- Subdivision
- Block 246 LOTS 5 & 7-10
- Lot Description
- Level Lot
- Show Address
- Yes
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Listing Courtesy Of SIGNATURE REALTY NJ, Contact: 908-538-3133
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