281 Morris Ave
Newark City, NJ 07103
Price: $899,900
GSMLS: 3962709Type: Multi-Family
Style: 2-Two Story
Total Units: 3
Beds: 8
Baths: 5 Full
Garage: No
Year Built: 2015
Acres: 0.09
Property Tax: $12,842
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, 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!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
14
Basement:
No
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Brick
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
Attached Garage
Parking:
2 Car Width
Spaces Available:
3
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$899,900
Tax Amount:
$12,842
Land Assessment:
$27,800
Build. Assessment:
$309,900
Total Assessment:
$337,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3962709
List Date:
05-13-2025
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
