NJ > Newark City > Block 246 Lots 5 & 7-10
Newark City, NJ 07103,303 Morris Ave
Newark City, NJ 07103,303 Morris Ave
Newark City, NJ 07103,303 Morris Ave
4
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$1,600,000
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0.28 Acres Lot
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303 Morris Ave Newark City, NJ 07103

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Block 246 Lots 5 & 7-10

MLS Listing ID 3996165

HOA Y/N No

Annual Tax Amount $1,140

Tax Year 2024

Lot Size 0.280 Acres

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.

Location

State NJ

County Essex

Building

Lot Description Level Lot

Sewer Public Sewer in Street

Water Public Water in Street

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by SIGNATURE REALTY NJ

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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