Newark Multifamily Property with
For Sale
$2,850,000
109 Fleming Ave, Newark, NJ 07105
Six-family home with garages in Newark's North Ironbound neighborhood.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market172
Property Features for 109 Fleming Ave
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,055
Amenities
Central air
Blacktop Driveway
Central Air Cooling
Driveway-Exclusive
Flat Roof
Forced Hot Air Heating
Multi-Zone Cooling
Multi-Zone Heating
Rubberized Roof
Building Details
Year Built
1949
Listing Agency:
LISTONENJ
(973) 727-2037
Listed By:
SONIA FERNANDES
Source:
Corcoran
Added: Mar 15
Changed: Sep 2
Last Checked: Sep 1 at 6:24PM
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.
Located in Newark's North Ironbound neighborhood, this property features a six-family home and five garages with a driveway. Each unit 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 is situated on two lots. It is an ideal turnkey investment or development opportunity. The construction/renovation date is listed as 1999, with an original build date of 1949.
Key Highlights
- Turnkey 6‑family investment property with consistent maintenance
- Each unit features 2 bed/1 bath, central air and heat
- Includes five garages and a driveway
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,420
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-family home with garages in Newark's North Ironbound neighborhood.
Where is this apartment building located?
The property is located at 109 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: Turnkey 6‑family investment property with consistent maintenance; Each unit features 2 bed/1 bath, central air and heat; Includes five garages and a driveway
