367 Morris Ave Unit 3 Newark, NJ 07103
Springfield-Belmont NeighborhoodEstimated payment $3,893/month
About This Home
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
Listing Agent
KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 10/15/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,732
Year Built
- Built in 1905
Lot Details
- 2,614 Sq Ft Lot
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 1614-00254-0000-00020-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $10,520 | $282,200 | $20,200 | $262,000 |
2024 | $10,520 | $282,200 | $20,200 | $262,000 |
2022 | $10,543 | $282,200 | $20,200 | $262,000 |
2021 | $10,537 | $282,200 | $20,200 | $262,000 |
2020 | $10,724 | $282,200 | $20,200 | $262,000 |
2019 | $10,614 | $282,200 | $20,200 | $262,000 |
2018 | $7,342 | $198,800 | $20,200 | $178,600 |
2017 | $7,077 | $198,800 | $20,200 | $178,600 |
2016 | $6,839 | $198,800 | $20,200 | $178,600 |
2015 | $6,578 | $198,800 | $20,200 | $178,600 |
2014 | $6,165 | $198,800 | $20,200 | $178,600 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $83,500 | -- |
Source: Garden State MLS
MLS Number: 3992803

APN: 14-00254-0000-00020
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