303 Morris Ave, Newark, NJ 07103
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
303 Morris Ave,Newark City, NJ 07103
$1,600,000
- 0.28 Acres
- Lots / Land
- Active
Listed by: daniel f. santos
Office: signature realty nj
MLS#:3996165
Source:NJ_GSMLS
Price summary
- Price:$1,600,000
About this home
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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Home facts
- Listing ID #:3996165
- Added:9 day(s) ago
- Updated:November 14, 2025 at 03:15 PM
Structure and exterior
- Lot area:0.28 Acres
Utilities
- Water:Public Water in Street
- Sewer:Public Sewer In Street
Finances and disclosures
- Price:$1,600,000
- Tax amount:$1,140 (2024)
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