295 Morris Ave, Newark City, NJ 07103

$1,600,000

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List Price
$1,600,000
Status
ACTIVE
Days on Market
274
MLS#
3996165
Acres
0.28
Subdivision
Block 246 LOTS 5 & 7-10

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.

Additional Information

Taxes
$1,140

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Listing Courtesy Of SIGNATURE REALTY NJ, Contact: 908-538-3133

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