Properties

Description

Massive 3-Family Home on Oversized Lot " Prime Newark Location Near UMDNJ! Welcome to this exceptional investment opportunity just steps from UMDNJ in Newark! This massive 3-family property offers an unbeatable location, impressive square footage, and endless potential for both owner-occupants and savvy investors.Situated on an extra-large lot, this home boasts spacious units with high ceilings, generous layouts, and tons of natural light. Each unit offers distinct charm and flexibility ideal for lucrative rental income. The expansive lot provides rare outdoor space in the city, perfect for parking, gardening, and more. Located in a growing neighborhood just around the corner from University Hospital and Rutgers Biomedical and Health Sciences, this property is a prime choice for those seeking proximity to major institutions, transportation, and downtown Newark amenities. Key Features: Three spacious residential units. Massive interior square footage. Oversized lot Prime location steps from UMDNJ, Rutgers, and University Hospital. Close to NJ Transit, highways, and downtown Newark. Don't miss out on this rare opportunity to own a standout multi-family property in one of Newark's most desirable areas!

Features

  • Heating System : Forced Hot Air, 3 Units
  • Cooling System : Central Air
  • Roof Deck : Asphalt Shingle
  • Parking : 3
  • Parking Description: 2 Car Width
  • Tax Assessed Valuation: 337700
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 261968
  • Tax: 12842
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$899,900

281 Morris Ave, Newark City, *

  • SQFT 3,750 Acre
  • Bedroom 8
  • Built Year 2015

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5357763
  • Price: $899,900
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2015
  • Year Built Description: Approximate
  • Lot Area: 3,750 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Morris Ave
  • Street Number: 281
  • Street Direction: Please use google maps.
  • Floor Number: 0
  • Longitude: W75° 48' 29.4''
  • Latitude: N40° 44' 15''
  • Internet Display Address: No
Property