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Listed by Daniel F. Santos Signature Realty NJ LLC
$ 1,600,000
Est. payment | /mo
$ 1,600,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26014528
Property Sub-Type Mixed
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.
Location
State NJ
County Essex
Nearby Locations
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