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$ 899,900
Est. payment /mo
New
281 Morris Ave Newark City, NJ 07103
8 Beds
5 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3962709
Style 2-Two Story
Bedrooms 8
Full Baths 5
Year Built 2015
Annual Tax Amount $12,842
Tax Year 2024
Lot Size 3,920 Sqft
Property 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!
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features Attached Garage
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by EXP REALTY, LLC