Listing Details

45 Fleming Ave,Newark City, NJ 07105-3660

  • December 12, 2025

Description

Attractive investment opportunity in Newark?s RDV Redevelopment Plan Area. This three-family rental property islocated in a prime area with excellent NYC commuter access, making each apartment highly desirable to renters. Theproperty can also be purchased together with 47 Fleming St next door, adding three additional rental units and creating arare multi-building investment portfolio. Ideal for investors seeking cash-flowing Newark multifamily properties,redevelopment upside, or long-term appreciation in a rapidly improving corridor. Don?t miss the opportunity to acquiretwo adjacent properties with strong current income and significant future growth potential.

Details

Last Updated On: December 12th, 2025 at 6:38 pm
Property ID:PT-18206455-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 899,900 $
Bedrooms:7
Year Built:1877

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25.1X100
Lot Identifier: 2
Lot Identifier: 2

Home Details

Open Parking: 0
Basement: No
Renovated: 2025
Acreage: 0.06
Total Baths: 3.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 10
Easement/Desc: No
Exterior Description: Stucco
Roof Description: Asphalt Shingle
Possesion: TBD
Unit 1 Levels: 1
Unit 1 Rooms: 3
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Rent: 2000
Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room
Unit 2 Levels: 1
Unit 2 Rooms: 4
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room
Unit 3 Levels: 1
Unit 3 Rooms: 4
Unit 3 Beds: 3
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Unit 3 Handicap: No
Unit 3 Rent: 2000
Unit 3 Room Description: Bedrooms, Kitchen, Living/Dining Room
Block Identifier: 2022
County Number: 16
Town Number: 1614
YB/Desc: 1877 - Approximate, Renovated
Easement: No
Parking/Driveway Description: On-Street Parking
Block Identifier: 2022
County Number: 16
Town Number: 1614
Possession: TBD

Utilities

Heat Source: Gas-Natural
Heat System: 3 Units
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-02022-0000-00002-0000-
Tax Amount: $10,100.00
Tax Year: 2025
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $66,500.00
Building Assessment: $196,700.00
Total Assessment: $263,200.00
FHA Age Restricted: No

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