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    • $1,600,000

    295-303 Morris Ave, Newark City, NJ 07103

    --beds
    --baths
    0.28Acres
    Unimproved Land
    Built in ----
    0.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    257 days
    |
    66
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel F. Santos 908-538-3133,

    Signature Realty Nj

    Source: GSMLS,MLS#: 3996165MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.28 Acres
      • Dimensions: 123 x 100
      • Features: Level, Mowed Grass
      Details
      • Parcel number: 1614002460000000100000
      • Zoning description: Planned Unit Development, Residential Multi-Family, See Remarks

      Utilities & green energy

      • Sewer: Public Sewer in Street
      • Water: Public Water in Street
      • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available, Garbage Included

      Community & HOA

      Community
      • Subdivision: Block 246 Lots 5 & 7-10
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $30,000
      • Annual tax amount: $1,140
      • Date on market: 11/4/2025
      • Road surface type: Blacktop/Asphalt Road

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/4/2025Listed for sale$1,600,000
        Source: GSMLS #3996165 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Springfield-Belmont

        Getting around

        84 / 100
        Very Walkable
        71 / 100
        Excellent Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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