Check out this solid 3 -family home in Newark perfect for investors or owner-occupants looking for income potential. Each unit offers three bedrooms and one bath, with the first floor move-in ready and waiting for its next tenant or homeowner. This property is ideal for anyone looking to start or grow their investment portfolio. With great rental potential and plenty of space, it's definitely worth seeing in person. Come check it out and see the opportunity for yourself! Brand New Solar Panels and New roof. Solar Panels are only for First Floor Unit Only and are not Activated Yet.
Under contract
$565,000
367 Morris Ave, Newark, NJ 07103
9beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Move-in readyNew roof
- 65 days |
- 276 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 10:43am
Listed by:
Simone John-Baptiste 973-783-7400,
Keller Williams Realty - NJ Metro Group
Source: NJMLS,MLS#: 25037022
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Laundry: In Unit
Property
Details
- Parcel number: 1400254000000020
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $282,200
- Annual tax amount: $10,732
- Date on market: 10/15/2025
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Pending sale | $565,000 |
Source:  NJMLS #25037022 Report a problem | ||
| 10/16/2025 | Listed for sale | $565,000+576.6% |
Source: NJMLS #25037022 Report a problem | ||
| 11/8/2001 | Sold | $83,500 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,732 | $282,200 |
| 2024 | $10,732 +0.1% | $282,200 |
| 2023 | $10,724 | $282,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,895/mo
Principal & interest
$2746
Property taxes
$951
Home insurance
$198
Climate risks
Neighborhood: Springfield-Belmont
Nearby schools
GreatSchools rating
- 2/10Camden Street Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Central High SchoolGrades: 9-12Distance: 0.3 mi
- 1/10West Side High SchoolGrades: 9-12Distance: 0.8 mi
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