295-303 Morris Ave, Newark, NJ 07103

Newark
Local realty services provided by:ERA Central Realty Group
295-303 Morris Ave,Newark City, NJ 07103
$1,600,000
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by: daniel f. santos
Office: signature realty nj973-921-1111
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:5 day(s) ago
  • Updated:April 30, 2026 at 02:14 PM

Structure and exterior

  • Lot area:0.28 Acres
  • Lot Features:Level Lot

Utilities

  • Water:Public Water in Street
  • Sewer:Public Sewer In Street

Finances and disclosures

  • Price:$1,600,000
  • Tax amount:$1,140 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated April 30, 2026

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