Buildable lot with plans for 5 unit mixed use building in the permit office. Ready to build when permits issued. Owner has NJ Real Estate License
Unparalleled development opportunity awaits in Newark's University Heights. Five contiguous lots at 303 Morris Ave offer shovel-ready approvals for a 27-unit residential building with approximately 5,500 SF of ground-floor commercial space. This rare parcel is surrounded by established apartment communities and academic facilities, delivering strong rental demand and excellent walkability to transit, universities, and downtown Newark. Ideal for developers and investors seeking a shovel ready multifamily + retail project in a high-growth, transit-oriented neighborhood.
Prime Development Opportunity , Approved for 3-Family Construction in Newark?s Vibrant Ironbound SectionDiscover an exceptional investment opportunity in the heart of Newark?s sought-after Ironbound neighborhood. This flat, build-ready parcel of land offers a rare chance to bring your development vision to life in one of the city?s most dynamic and rapidly growing areas.The property is currently approved for a 3-family residential building, saving you valuable time and resources in the planning process. Its level terrain and convenient dimensions provide an excellent foundation for efficient construction, maximizing the use of space for modern, multi-unit housing.Located in the thriving Ironbound section renowned for its cultural vibrancy, diverse dining scene, and close-knit community, this parcel is just minutes from Downtown Newark, Newark Penn Station, major highways, and Newark Liberty International Airport, offering seamless connectivity for future residents.
Back on Market! Vacant lot located in the R-2 District, where it permits 1 - 3 family dwellings and townhouses. It also permits conditional low rise multi-family dwellings. There are multi-family buildings in the area. On the opposite corner of the block, there is a 3-story, 16-unit multi-family building that is currently under construction. This property can support a 3 story, 15-unit multi-family building. Close proximity to everything all major public transportation. BUYER MUST UNDERTAKE THE NECESSARY DUE DILIGENCE BEFORE SUBMITTING AN OFFER. THE POTENTIAL TO DEVELOP THE LAND IS WITHIN REACH! View and send offers asap!
Welcome to an amazing shovel-ready opportunity for the serious investor! This parcel of land has been approved for a total of 30 units! 27 residential and 3 stores.

Newark is located in New Jersey. Newark, New Jersey has a population of 306,247. Newark is less family-centric than the surrounding county with 22.75% of the households containing married families with children. The county average for households married with children is 30.18%.
The median household income in Newark, New Jersey is $41,335. The median household income for the surrounding county is $67,826 compared to the national median of $69,021. The median age of people living in Newark is 34.7 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.5 inches per year, with 26.1 inches of snow per year.