Newark Mixed-Use Investment
47 Fleming Ave Newark, NJ 07105
47 Fleming Ave, Newark, NJ, 07105
$849,900
For Sale
$849,900
Mixed-use property with commercial and residential units in Newark.
Lot Size0.06 Acres
Days on Market215
Property Features for 47 Fleming Ave
General Information
- Standard status
- Active
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency
RE/MAX PROFESSIONALS I
(973) 450-4000
Listed by
CHRISTOPHER STEAD
Source
Corcoran
Added: Dec 13, 2025 Checked: Jul 16 at 6:52 am
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 RE/MAX PROFESSIONALS I
Investment Insights
Based on property information with market context.
This mixed-use property in Newark offers an investment opportunity within the RDV Redevelopment Plan Area. The property includes a bar/restaurant on the first floor with a long-term tenant, providing consistent income. Additionally, there are two updated residential apartments with rental potential. The location provides access for commuters to New York City, making the apartments desirable to renters. The property can be purchased together with the adjacent property at 45 Fleming St, which adds three additional rental units. This creates a multi-building portfolio opportunity. This property is suited for investors seeking cash-flowing Newark properties, redevelopment upside, or long-term appreciation in a rapidly improving corridor.
Key Highlights
- Consistent income from established bar/restaurant tenant.
- Two updated residential apartments with strong rental potential.
- Prime location with excellent NYC commuter access.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Fogón Bar ...
Bar & Pub
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial and residential units in Newark.
Where is this mixed-use property located?
The property is located at 47 Fleming Ave Newark, NJ.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Consistent income from established bar/restaurant tenant.; Two updated residential apartments with strong rental potential.; Prime location with excellent NYC commuter access.
