367 Morris Avenue, Newark, NJ 07103 - Photo 1

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$565,000

For Sale
Under Contract
Multi-Family
9 Total Beds

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Property Description

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.

Full Property Details

Full Property Details for 367 Morris Ave

General

Price: $565,000
Taxes: $10,732
Status: Under Contract
Type: Multi-Family
Source: NJMLS
MLS ID: 25037022
Updated: 12/2/2025
Added to Site: 96 day(s) ago

Interior

Number of Rooms: 19

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 9

Other Rooms

Laundry: In Unit

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat

Structural Information

Architectural Style: 3 Family

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $10,732

Listed by Keller Williams Realty - NJ Metro Group (973) 783-7400, Simone John-Baptiste (973) 783-7400

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Listing agent

— 367 Morris Ave —

Simone John-Baptiste

Keller Williams Realty - NJ Metro Group

973-783-7400

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NMLS#: 1598647

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Schools

Schools serving 367 Morris Ave

School District:Newark City School District

Name	Grades	Distance
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	0.2 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	0.2 mi
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103	PK-4	0.5 mi
Quitman Street School 21 Quitman Street, Newark, NJ 07103	K-8	0.5 mi
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107	K-4	1.1 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	1.3 mi
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105	K-8	1.4 mi
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	1.6 mi
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	2.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 367 Morris Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/15/2025

Listed

$565,000

56.94%

MLS

11/02/2017

Sold

$360,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 367 Morris Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$10,732

$282,200

—

2022

$10,543

—

$282,200

—

2021

$10,537

33%

$282,200

—

2021

$7,944

-25%

$282,200

—

2019

$10,614

45%

$282,200

42%

2018

$7,342

$198,800

—

2017

$7,077

$198,800

—

2016

$6,839

$198,800

—

2015

$6,578

$198,800

—

2014

$6,165

—

$198,800

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 367 Morris Ave

367 Morris Avenue, Newark, NJ 07103 (MLS# 25037022) is a Multi-Family property with units containing 9 bedrooms and 3 full bathrooms. 367 Morris Avenue is currently listed for $565,000 and was received on October 15, 2025. Want to learn more about 367 Morris Avenue? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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367 Morris Ave Newark, NJ 07103