$10,000 Closing Credit¹
#25013015, James Rosa, Listing Office: Rosa Agency-Ironbound, LLC
#25016079·
Listing office: EXP Realty, LLC·
Listing agent: Carlie Carreira·
Listing office phone: 866-201-6210
$899,900 List price
281 Morris Ave Newark, NJ 07103
$10,000
Closing credit¹
8 beds
5 full
Multi-Family
Property details
About 281 Morris Ave
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!
Highlights
Home typeMulti Family
StatusActive
MLS #25016079
Garage2 spaces
Summary
- Full Bathrooms: 5
- Total Bedroom Count: 8
- Garage Space: 2 spaces
- List Price: $899,900
- Annual Tax Amount: $12,589
- Tax Year: 2024
- MLS Number: 25016079
- Office Name: EXP Realty, LLC
- Office Phone: (866) 201-6210
- Listing Agent: Carlie Carreira
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 8:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,900
281 Morris Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 17, 2015 | Home Sold | $395,000 |
| Sep 10, 2009 | Home Sold | $40,000 |
| Sep 15, 2006 | Home Sold | $390,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $337,700 | $12,589 |
| 2022 | $337,700 | $12,609 |
| 2021 | $337,700 | $12,832 |
| 2020 | $337,700 | $1,045 |
| 2019 | $337,700 | $1,026 |
History based on county public records data.
Nearby schools
5
Sir Isaac Newton Elementary School
Public District PK-1
0.1 mi
•150 Newton St
2
Harriet Tubman Elementary School
Public District PK-6
0.6 mi
•504 S 10th St
4
Newark Educators Community Charter School
Public Charter PK-4
0.7 mi
•9-11 Hill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,958. The most common annual income of people living in Newark, NJ is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
60%
<35k
38%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
69%
Single, No Kids
21%
Single, with Kids
4%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
34%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
White Castle
Jack In The Box
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 281 Morris Ave in Newark, NJ and zip code 07103 in the Central Ward neighborhood. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $899,900.
In April 2025 in Newark, NJ there were 19.2% more homes for sale than in March. While the average time on the market in April 2025 was 95 days, the median list price was $489,500.
From Rocket Homes Real Estate and based on county public records data.