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.
108 Fleming Ave, Newark City NJ 07105-4012
Property City
Newark City
Property Price
$1,599,900
Bedrooms
8
Year Built
2025
Tax Annual Amount
$7362
TaxYear (*text)
2024
Roof (*text)
Flat
Lot Size Area
0.05
MLS Status
Active
MLS #
4043727
Yearly Tax Rate
3.803
Year Built (*numeric)
2025
Basement
Yes
Roofing (*text)
Flat
Days On Market
2
Basement (*text)
Yes
Cooling (*text)
4+ Units
Heating
4+ Units, See Remarks
Lot Size Dimensions
25X94.4 94.4
Data import from
GSMLS