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23366698
23366715

281 Morris Ave, Newark, NJ 07103

CC
NJ 0454535
EXP Realty
Listed by EXP Realty
$899,900
391 days on market
Updated 49 days ago

Massive Three Family Property For Sale

Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 7.40%
Class A
Year Built 2015
Stories 2
Lot Size (SqFt) 3,750

Income Producer Right Down The Street From UMDNJ Hospital

Marketing 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 & 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 with potential for expansion or added value

  • 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!

Listing Contacts

CC
NJ 0454535
EXP Realty
Listed by EXP Realty

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Additional Information

Name
Carlie Carreira
License
0454535
Brokerage
EXP REALTY
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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