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Six-Unit Apartment Building
For Sale
$2,799,999

109-111 Fleming Ave #109, Newark, NJ 07105

A second lot adds five garages and a driveway alongside the six-unit residence.

Property Size4,930 SF
Price / SF$567.95
Days on Market33

Property Features for 109-111 Fleming Ave #109

General Information

Standard status Active
Size 4,930 SF
Total Parking Spaces 5
Property subtype Commercial
Zoning Res/Comm

Site & Location

Neighborhood Ironbound

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Amenities

central air and heat
finished basement
coin operated washing machines and dryers
wood burning BBQ oven

Building Details

Building Size 4,930 SF
Year Built 1949
Year Renovated 1999
Stories 3
Units 6
Listing Agency: Listonenj
Listed By: Sonia Fernandes Moreira · License #277472
Source: Cammarotarealestate
Added: Sep 21 Changed: Oct 22 Last Checked: Oct 22 at 2:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Listonenj

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Investment Insights

Based on property information with market context.

The property combines a six-unit residence with a separate lot containing five garages and a driveway. Each apartment has two bedrooms and one bathroom, with central air conditioning and heat. A finished basement provides laundry facilities with six coin-operated washer-and-dryer pairs. The backyard also has a wood-burning barbecue oven.

The Newark property was rebuilt in 1999 and has been maintained since. Its utility service includes seven water meters and seven gas and electric meters.

Key Highlights

  • Six apartments, each with 2 bedrooms and 1 bathroom
  • Separate lot with 5 garages and a driveway
  • Central air conditioning and heat in each unit

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,420
Businesses Nearby

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A second lot adds five garages and a driveway alongside the six-unit residence.
Where is this apartment building located?
The property is located at 109-111 Fleming Ave #109 Newark, NJ.
What is the asking price?
The asking price for this property is $2,799,999.
What are key features of this property?
This property features: Six apartments, each with 2 bedrooms and 1 bathroom; Separate lot with 5 garages and a driveway; Central air conditioning and heat in each unit
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