Properties

Description

This exceptional 2025 new construction fourplex offers a prime turnkey investment opportunity in the thriving market of Newark. Designed for strong rental performance and low maintenance, the property features four thoughtfully designed units, including Unit 1 with 2 bedrooms and 1 full bath, Units 2 and 3 each with 2 bedrooms and 2 full baths, and Unit 4 offering a unique townhouse-style layout with 2 bedrooms and 2 full baths across three spacious levels. All units showcase open-concept floor plans, abundant natural light, contemporary finishes, modern kitchens, and energy-efficient systems, appealing to today's tenants while minimizing operating costs. Ideal for investors seeking stable cash flow or owner-occupants looking to offset their mortgage, this property is conveniently located near major highways, public transportation, shopping, dining, and provides easy access to NYC. A rare opportunity to own a fully new construction multifamily property in one of Newark's high-demand rental areas.

Features

  • Heating System : 4+ Units, See Remarks
  • Cooling System : 4+ Units
  • Basement : Finished
  • Roof Deck : Flat
  • Parking : 4
  • Parking Description: 1 Car Width, Concrete
  • Interior Features: Carbon Monoxide Detector, Wood Floors
  • Exterior Features: Sidewalk
  • Lot Description: Corner
  • Tax Assessed Valuation: 193600
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: FLOROSTONE REALTY INC.
  • Office MLS ID: 4889
  • Agent ID: 277033
  • Tax: 7742
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Residential

Multi-Family For Sale

For Sale
$1,599,900

108 Fleming Ave, Newark City, *

  • SQFT 25 Acre
  • Bedroom 8
  • Built Year 2025

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5412241
  • Price: $1,599,900
  • Bedrooms: 8
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2025
  • Year Built Description: Standing
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 44

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Subdivision: North Ironbound
  • Street: Fleming Ave
  • Street Number: 108
  • Street Direction: Brill St and Fleming Ave
  • Floor Number: 0
  • Longitude: W75° 51' 26.7''
  • Latitude: N40° 43' 56.4''
  • Internet Display Address: No
Property