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    295 Morris Ave Newark, NJ 7103

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    For Sale
    $1,600,000

    Approved for 27 units and 5,500 SF commercial space.

    Type:Land or Vacant Lot
    Added:
    Nov 4, 2025
    Days on Market:
    175
    Last Refresh:
    Apr 25 at 12:46 am

    Property Features for 295 Morris Ave

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

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    Listing Contact
    DANIEL F. SANTOS

    Listing agent DANIEL F. SANTOS

    Listing office SIGNATURE REALTY NJ

    Listing date Nov 4, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SIGNATURE REALTY NJ


    Overview

    Development Opportunity in University Heights

    A development opportunity is available in Newark's University Heights. The property consists of five contiguous lots at 303 Morris Ave, with approvals for a 27-unit residential building. The building plans include approximately 5,500 square feet of ground-floor commercial space. The parcel is located near established apartment communities and academic facilities, with access to transit, universities, and downtown Newark. This location may be suitable for a multifamily and retail project.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1922285
    Latitude
    40.7370176

    FAQs

    What type of property is this?
    Commercial land - Approved for 27 units and 5,500 SF commercial space.
    Where is this commercial land located?
    The property is located at 295 Morris Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Shovel‑ready approvals for a 27‑unit residential building with approximately 5,500 SF of ground‑floor commercial space.; Five contiguous lots in Newark's University Heights.; Strong rental demand due to proximity to universities and established apartment communities.
    More about this property
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