367 Morris Ave
Newark City, NJ 07103
Price: $565,000
GSMLS: 3992803Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 3 Full
Garage: No
Year Built: 1905
Acres: 0.06
Property Tax: $10,732
Description
Check Out This Solid 3 Legal-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. Property Being Sold Strictly As Is. Brand New Solar Panels And New Roof. Solar Panels Are Only For First Floor Unit Only And Are Not Yet Activated. Showings Begin 10/22
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
See Remarks
Exterior:
Brick
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
n/a
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
n/a
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
n/a
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
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:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
Gas
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:
$565,000
Tax Amount:
$10,732
Land Assessment:
$20,200
Build. Assessment:
$262,000
Total Assessment:
$282,200
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3992803
List Date:
10-15-2025
Days On Market:
3
Listing Broker:
KELLER WILLIAMS - NJ METRO GROUP
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: MorrisCountyLiving.com
