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303 Morris Ave Lot • Terrain commercial • 0,28 Acres • 2 253 584 $ CAD • Newark, NJ 07103
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Faits saillants de l'investissement
- Approved for 27 units thorough the local township.
- Ideal for developers and investors seeking an entitlement-ready mixed use project.
- Mixed use development in upcoming area or Newark
Résumé de l'annonce
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 an entitlement-ready multifamily + retail project in a high-growth, transit-oriented neighborhood.
Key Features:
* Property: Five contiguous vacant lots (sale as a package)
* Address: 303 Morris Ave, Newark, NJ 07103
* Approved Development: 27 residential units + ~5,500 SF commercial space (ground floor)
* Lot Area: ~0.2891 acres (˜12,593 SF)
* Entitlements: Shovel-ready approvals
* Utilities: Municipal water, sewer & electric access
* Documents: Available
Key Features:
* Property: Five contiguous vacant lots (sale as a package)
* Address: 303 Morris Ave, Newark, NJ 07103
* Approved Development: 27 residential units + ~5,500 SF commercial space (ground floor)
* Lot Area: ~0.2891 acres (˜12,593 SF)
* Entitlements: Shovel-ready approvals
* Utilities: Municipal water, sewer & electric access
* Documents: Available
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 2 253 584 $ CAD | Taille du lot | 0,28 AC |
| Prix par AC | 8 048 513,96 $ CAD |
| Prix | 2 253 584 $ CAD |
| Prix par AC | 8 048 513,96 $ CAD |
| Taille du lot | 0,28 AC |
This package features five contiguous lots in Newark’s University Heights neighborhood, totaling approximately 0.2891 acres (12,593 square feet).The lots are Shovel ready for a mixed-use development of 27 residential units and 1x5500 SQ FT commercial
1 1
Exceptionnellement accessible à pied
100/100
Relativement adapté aux voitures
40/100
Transports en commun exceptionnels
90/100
Plutôt accessible en vélo
50/100
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Vidéos
Visite extérieure 3D Matterport
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Vue depuis la rue
Rue
Carte
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303 Morris Ave
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