108 Fleming Ave, Newark City NJ 07105-4012

$1,599,900
Active
Newark City
Bedrooms
8

About this home

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.

Taxes & fees

Annual property tax
$7,742
Tax year
2025
Tax rate
3.900

Property details

Year Built
2025
Roof (*text)
Flat
Lot Size Area
0.05
MLS #
4043727

Features & amenities

Year Built (*numeric)
2025
Basement
Yes
Roofing (*text)
Flat
Days on market
44
Basement (*text)
Yes
Cooling (*text)
4+ Units
Heating
4+ Units, See Remarks
Lot dimensions
25X94.4 94.4
Property Location

40.73234, -74.14259

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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