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    142 Fleming Ave Newark, NJ 07105

    Pending
    For Sale
    $1,550,000

    Commercial - Newark City, NJ

    Lot size:
    0.09 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 142 Fleming Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    .
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.09 Acres

    Utilities

    Cooling system
    Central Air, Multi Units

    Building Details

    Floors in Building
    3
    Number of units
    6
    Building materials
    Block, Brick
    Roof type
    Flat
    Architectural style
    Other

    RE/MAX Professionals I (973) 450-4000 [email protected]

    Listing agent JORGE VELASQUEZ (973) 450-4000

    Listing date Nov 20, 2025

    MLS# 3990595 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 City Multifamily Investment Opportunity

    This well-maintained 6-family building is located in the Ironbound section of Newark, New Jersey. The property features a diverse unit mix, including one one-bedroom, one-bath unit, two two-bedroom, one-bath units, and three three-bedroom, one-bath units. Each unit is spacious and well-laid out, offering rental income potential. The property also includes storage space. The building is located minutes from Newark Penn Station, major highways, local shops, restaurants, and schools, offering accessibility and rental demand in a thriving community. The lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.14088
    Latitude
    40.73241

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-family building in Newark's desirable Ironbound section.
    Where is this apartment building located?
    The property is located at 142 Fleming Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Located in the highly sought-after Ironbound section of Newark, NJ.; - Minutes from Newark Penn Station, major highways, local shops, restaurants, and schools.; - Strong and diverse unit mix: features 1 One-Bedroom, 2 Two-Bedroom, and 3 Three-Bedroom units.
    (973) 450-4000
    Request Owner's contact information
    142 Fleming Ave Newark, NJ 07105
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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
    142 Fleming Ave Newark, NJ 07105
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