Property

Newark City, NJ 07103 281 Morris Ave

281 Morris Ave Newark City, NJ - Image 1281 Morris Ave Newark City, NJ - Image 2281 Morris Ave Newark City, NJ - Image 3
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281 Morris Ave Newark City, NJ - Image 4281 Morris Ave Newark City, NJ - Image 5281 Morris Ave Newark City, NJ - Image 6281 Morris Ave Newark City, NJ - Image 7281 Morris Ave Newark City, NJ - Image 8281 Morris Ave Newark City, NJ - Image 9281 Morris Ave Newark City, NJ - Image 10281 Morris Ave Newark City, NJ - Image 11281 Morris Ave Newark City, NJ - Image 12281 Morris Ave Newark City, NJ - Image 13281 Morris Ave Newark City, NJ - Image 14281 Morris Ave Newark City, NJ - Image 15281 Morris Ave Newark City, NJ - Image 16
Presented By: EXP REALTY, LLC; 973-583-0149
  • MLS# 3962709
  • 05/13/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 5
  • Garage • 1

Home Details

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!
Presented By: EXP REALTY, LLC; 973-583-0149

Interior Features for 281 Morris Ave

Bedrooms

Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total2.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent0
UnitType2TotalRent2400
UnitType3TotalRent1600
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Unit 2 Appl/EquipCarbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Unit 3 Appl/EquipCarbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room

General for 281 Morris Ave

Architectural Style2-Two Story
CoolingCentral Air
CountyEssex
DirectionsPlease use google maps.
Drive2 Car Width
EasementUnknown
Full Baths5
GarageAttached Garage
Gross Income
Heating3 Units, Forced Hot Air
Net Operating Income
Number Of Units Total3
Open Parking Spaces3
Operating Expense
Possessionafter closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount12842
Tax Assessed Value337700
Tax Lot11.05
Tax Year2024
Total Rooms14
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built2015

Exterior for 281 Morris Ave

Exterior DescriptionBrick
Lot Dimensions3750 SF
Lot Size Acres0.09
Water SourcePublic Water

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $899,900
MLS#3962709
List Date 05/13/2025
Property Type Multi-Family
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