Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    367 Morris Ave Newark, NJ 07103

    Sponsored
    For Sale
    Pending
    $565,000

    3-Three Story, Multi-Family - Newark City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    9
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 367 Morris Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Bedrooms
    9
    Bathrooms
    3
    Basement Y/N
    1
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)
    Cooling system
    Multi Units

    Building Details

    Year built
    1905
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Other

    NJ Metro Group LLC (973) 783-7400 [email protected]

    Listing agent SIMONE G. JOHN-BAPTISTE (973) 783-7400

    Listing date Jan 1, 2026

    MLS# 3992803 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark City Multi-Family Home

    This three-story, three-family home is located in Newark City, New Jersey. Each unit features three bedrooms and one bath. The first floor is move-in ready. The property is suitable for investors or owner-occupants seeking income potential. It has rental potential and space. The property is being sold as is. It includes new solar panels and a new roof. The solar panels are only for the first-floor unit and are not yet activated. The lot size is 0.06 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.19302
    Latitude
    40.7344

    Nearby Similar for Sale

    • New
      $569,000
      2,080 SF

      Renovated Newark Multi-Family Home

      Fully renovated 2-family home in Newark, ideal for investors.
      366 Badger Ave, Newark, NJ 07112
      View Details
    • $4,000,000
      9,999 SF

      Newark City Commercial Investment Opportunity

      Commercial building in established Newark neighborhood, ideal for medical practices.
      461-467 Mount Prospect Ave, Newark, NJ 07104
      View Details
    • $599,900

      Newark Three-Family Home For Sale

      Spacious three-family home with income potential in Newark, NJ.
      99 Alexander St, Newark, NJ 07106
      View Details
    • New
      $1,492,000

      Unique Multifamily Property with Commercial Space

      Exquisite multifamily property featuring a commercial space and premium finishes.
      109 7Th St, Newark, NJ 07107
      View Details
    • $599,900
      2,100 SF

      Spacious Three-Family Home in Newark

      Three-unit property with strong rental income potential near schools.
      99 Alexander St, Newark, NJ 07106
      View Details
    • $3,770,000
      9,120 SF

      Newark Multifamily Investment Opportunity

      Newly rebuilt, gut-renovated 14-unit apartment building in North Newark.
      155 Clifton Ave, Newark, NJ 07104
      View Details
    • $797,000
      2,826 SF

      Renovated 3-Family Home, Newark, NJ

      Fully renovated 3-family property with modern finishes and strong rental income.
      811 S 13Th St S, Newark, NJ 07108
      View Details
    • $2,395,000
      11,724 SF

      Newark Multifamily Investment Opportunity

      Four fully occupied multifamily properties in Newark's developing neighborhood.
      37 Jay St, Newark, NJ 07103
      View Details
    • $829,000
      Pending

      Newark City Multi-Family Property

      Well-maintained, newer construction 3-family property in Newark's Upper Clinton Hill.
      129-131 Seymour Ave, Newark, NJ 07108
      View Details
    • $599,000
      1,768 SF

      Renovated Newark Two-Family Home

      Fully renovated, vacant two-family home in Newark with high rental potential.
      24-26 Irving Ave, Newark, NJ 07112
      View Details
    • $699,000
      2,440 SF

      Renovated Two-Family Home

      Turnkey Newark two-family home with rental income potential.
      59 Rose Ter, Newark, NJ 07108
      View Details
    • New
      $2,950,000
      0.20 Acres

      Newark Commercial Building For Sale

      17,360 sqft commercial building in Newark's Forrest Hill section.
      245-249 Verona Ave, Newark, NJ 07104
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-family home in Newark City, ideal for investors.
    Where is this triplex located?
    The property is located at 367 Morris Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: - Three legal units, ideal for investors or owner-occupants seeking rental income.; - Each unit features three bedrooms and one bathroom.; - First-floor unit is move-in ready.
    (973) 783-7400
    Request Owner's contact information
    367 Morris Ave Newark, NJ 07103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    367 Morris Ave
    Newark, NJ 07103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    367 Morris Ave Newark, NJ 07103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.