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    109-111 Fleming Ave Newark, NJ 07105

    For Sale
    $2,999,999

    Commercial - Newark City, NJ

    Lot size:
    0.11 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 109-111 Fleming Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res/Comm
    Rooms
    Basement
    Parking
    5
    Parking features
    Driveway
    Basement Y/N
    1
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1949
    Floors in Building
    3
    Number of units
    6
    Building materials
    Block, Brick, Vinyl Siding
    Roof type
    Flat, Rubber
    Architectural style
    Other

    ListOneNJ LLC (973) 727-2037 [email protected]

    Listing agent SONIA FERNANDES MOREIRA (973) 727-2037

    Listing date Nov 5, 2025

    MLS# 3974210 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark Multifamily Property with Garages

    Located in Newark City, NJ, this property features two lots in the North Ironbound neighborhood. One lot contains a six-family home, while the other features five garages with a driveway. Each unit in the six-family home includes 2 bedrooms and 1 bathroom, along with central air and heat. The property was fully rebuilt from the ground up in 1999 and has been well maintained since. A full finished basement houses six coin-operated washing machines and dryers. The property also includes seven water meters and seven gas/electric meters. A wood-burning BBQ oven is located in the backyard. The property, originally built in 1949 with significant reconstruction/renovation in 1999, is zoned Res/Comm. The lot size is 0.11 acres. This property presents an ideal turnkey investment or development opportunity.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.14251
    Latitude
    40.73236

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    FAQs

    What type of property is this?
    Apartment building - Two lots with multifamily and garages in Newark's North Ironbound.
    Where is this apartment building located?
    The property is located at 109-111 Fleming Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $2,999,999.
    What are key features of this property?
    This property features: - Two lots: 6-family home and 5 garages with driveway.; - Each unit features 2 bed/1 bath, central air and heat.; - Rebuilt from the ground up in 1999 and well maintained.
    (973) 727-2037
    Request Owner's contact information
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    Newark, NJ 07105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    109-111 Fleming Ave Newark, NJ 07105
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