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Six-Family Apartment Property
For Sale
$2,850,000

109-111 Fleming Ave, Newark, NJ 07105

Two-lot property with garage parking, central air and heat, and a finished basement laundry area.

Property SizeContact for details
Days on Market343

Property Features for 109-111 Fleming Ave

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $12,055

Amenities

Central Air, A/C - Zone
3
Fire Alarm
Flat, Rubber
Res/Comm
5 Parking Spaces. Driveway.
49.3 X100, 49.3 X100

Building Details

Year Built 1949
Listing Agency: LISTONENJ
Listed By: SONIA FERNANDES MOREIRA · License #277472
Source: Xome
Added: Sep 25, 2025 Changed: Sep 2 Last Checked: Sep 2 at 2:09PM

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

Investment Insights

Based on property information with market context.

This two-lot multifamily property includes a six-family home with 12 bedrooms arranged as six two-bedroom, one-bath units. Each apartment has central air and heat, while the building also provides a full finished basement with coin-operated laundry equipment. The property was originally built in 1949 and fully rebuilt in 1999, with ongoing maintenance noted since that work was completed.

The second lot contains five garages, a driveway, and five parking spaces. The site dimensions are 49.3 X100 for each lot. Additional features include seven water meters, seven gas/electric meters, and a wood-burning BBQ oven in the backyard. The address is 109-111 Fleming Ave in Newark’s North Ironbound area.

Key Highlights

  • Six‑family building with 12 bedrooms across six 2‑bed/1‑bath units
  • Central air and heat in each apartment
  • Full finished basement with six coin‑operated washing machines and dryers

Property Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Catering Service Florist Nursing Home

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

1,420
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-lot property with garage parking, central air and heat, and a finished basement laundry area.
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 $2,850,000.
What are key features of this property?
This property features: Six‑family building with 12 bedrooms across six 2‑bed/1‑bath units; Central air and heat in each apartment; Full finished basement with six coin‑operated washing machines and dryers
More about this property
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