108 Fleming Ave, Newark City, NJ 07105

$1,599,900
8
BD
7
BA

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List Price
$1,599,900
Days on Market
0
Status
ACTIVE
MLS#
4043727
Bedrooms
8
Bathrooms
7
Full Baths
7
Lot Size (Acres)
0.05
Year Built
2025
County
Essex

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

Subdivision
North Ironbound
Interior Features
Carbon Monoxide Detector, Wood Floors
Exterior Features
Sidewalk
Heating
4+ Units, See Remarks
Cooling
4+ Units
Roof
Flat
Utilities
Gas-Natural
Water
Public Water
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of FLOROSTONE REALTY INC., Contact: 908-445-5339