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Newark Multifamily Property with Garages
For Sale
$2,999,999

109-111 Fleming Ave, Newark, NJ 07105

Two Lots in Newark-North Ironbound! A 6 family home on one side and five garages with a driveway in the other! L@@K!!

Property Size4,930 SF
Price / SF$608.52
Days on Market344

Property Features for 109-111 Fleming Ave

General Information

Standard status Active
Property type Multifamily properties, Mixed-use properties, Residential income properties
Size 4,930 SF
Investment Type Sale/leaseback

Building Details

Buildings 2
Listing Agency:
Listed By: Sonia
Added: Sep 22, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located in Newark, this property features a six-family home and five garages with a driveway. Each unit contains 2 bedrooms and 1 bathroom, and includes 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 is included, equipped with six coin-operated washing machines and dryers. The property also features seven water meters and seven gas/electric meters. A wood-burning BBQ oven is located in the backyard. The property size is 4930 PropertySizeUnits.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Hotel & Motel Gym & Fitness Center Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,863
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two Lots in Newark-North Ironbound! A 6 family home on one side and five garages with a driveway in the other! L@@K!!
Where is this multifamily property 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.
More about this property
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