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Property profile & analytics

55 Fleming Ave Newark, NJ 07105-3632

  • Commercial real estate
  • 0.06 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-3005804
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Restaurant Casa Humitas / Restaurant

Property Details for 55 Fleming Ave

Lot size
0.06 lot acres
Property type
Commercial real estate
APN
14 02022-0000-00007
APU
1402022000000007

Description

This exceptional investment opportunity presents a unique property located at 55 Fleming Avenue in Newark, New Jersey. Priced at $959,000, this property offers significant potential for a variety of uses. While the square footage is currently unavailable, the property's size is defined by its lot, which is listed as having zero acres. This suggests a potential for redevelopment or adaptive reuse, depending on zoning regulations and permitted uses. The property type is classified as "Other," indicating a need for further due diligence to determine its precise nature and potential applications. Given its location in Newark, NJ, the property benefits from access to a robust transportation network, including major roadways and public transit options. The surrounding area should be thoroughly investigated to understand the immediate neighborhood context, including demographics, competition, and potential tenant pools. Prospective buyers are strongly encouraged to conduct their own independent due diligence, including but not limited to, a thorough site inspection, review of all relevant permits and zoning regulations, and a comprehensive market analysis to determine the property's suitability for their intended purpose. This property is being offered as-is, and all information provided is deemed reliable but not guaranteed. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.1454
Latitude
40.7312
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,751
$150,000
$191,300
$341,300
-
$150,000
$191,300
$341,300
More about this property
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