108 Fleming Ave, Newark City, NJ 07105
- $1,599,900
- 8
- BD
- 7
- BA
- List Price
- $1,599,900
- MLS#
- 4043727
- Dom
- 1
- Year Built
- 2025
- Status
- ACTIVE
- County
- Essex
- City
- Newark City
- Subdivision
- North Ironbound
- Bedrooms
- 8
- Bathrooms
- 7
- Baths Full
- 7
- Acres
- 0.05
Property 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.
Additional Information
- Taxes
- $7,362
- Cooling
- 4+ Units
- Exterior
- Vinyl Siding
- Heating
- 4+ Units, See Remarks
- Interior
- Carbon Monoxide Detector, Wood Floors
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public Water
- Basement
- Yes
- Lot Description
- Corner
- Exterior Features
- Sidewalk
Mortgage Calculator
Listing Courtesy Of FLOROSTONE REALTY INC., Contact: 908-445-5339
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