295-303 Morris Avenue Newark, NJ $ 1,600,000
295-303 Morris Avenue
$ 1,600,000
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295-303 Morris Avenue

Newark, NJ, 07103
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 9,851

295-303 Morris Avenue, Newark, NJ 07103 - Image 1
295-303 Morris Avenue, Newark, NJ 07103 - Image 2
295-303 Morris Avenue, Newark, NJ 07103 - Image 3
Studio

Lots and Land for sale in Newark, NJ

for $1,600,000.

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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Lots and Land Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Town/City

Newark

County/Region

Essex

MLS | Web ID

26014528

Features
General
Rooms None
Waterfront Features None
County ESSEX
Property Type Land
HOA N
Status Active - Active
City Newark
Disclosures Seller's Agent
Zoning Description Mixed Used
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$9,851
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$1,600,000 Listed Price

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295-303 Morris Avenue, Newark, NJ, 07103 is a Lots and Land for sale at $1,600,000. 295-303 Morris Avenue is a studio with 0.0 baths. The property's zip code is 07103 which is in Newark, NJ