295-303 Morris Ave, Newark, NJ 07103

$1,600,000

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List Price
$1,600,000
Status
ACTIVE
MLS#
26014528
County
Essex
City
Newark

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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Listing courtesy of Listing Agent: Daniel F. Santos () from Listing Office: Signature Realty NJ LLC.

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Source: New Jersey Multiple Listing Service, Inc.
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