295-303 Morris Ave, Newark City, NJ

$1,600,000

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0.28

Acres

About 295-303 Morris Ave

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.

Features of 295-303 Morris Ave

MLS® # 3996165
Price $1,600,000
Acres 0.28
Type Land
Status Active

Community Information

Address 295-303 Morris Ave
Subdivision Block 246 LOTS 5 & 7-10
City Newark City
County Essex
State NJ
Zip Code 07103-2626

Interior

Has Basement No

Exterior

Lot Description Level Lot

Additional Information

Date Listed November 4th, 2025

Listing Details

OfficeSIGNATURE REALTY NJ
Contact Info908-538-3133

Listing Map

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