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$1,599,900
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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.
Full Property Details
Full Property Details for 108 Fleming Ave
General
- Price: $1,599,900
- Taxes: $7,362 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4043727
- Updated: 7/31/2026
- Added to Site: 24 day(s) ago
Interior
- Number of Rooms: 24
- Interior Features: Carbon Monoxide Detector, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Sidewalk
- Color: Black
Location
- County: Essex
- Subdivision: North Ironbound
- Driving Directions: Brill St and Fleming Ave
Heating & Cooling
- Cooling Type: 4+ Units
- Heating Type: 4+ Units, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Fourplex
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Flat
- Year Built: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
- Square Feet: 1200
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
- Square Feet: 1445
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
- Square Feet: 1445
- Levels/Stories: 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room
- Square Feet: 1445
- Levels/Stories: 4
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 25 x 94.4 94.4
- Driveway/Sidewalk: 1 Car Width, Concrete
- Zoning: Residential
- Lot Description: Corner
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $126,400
- Land Assmt: $67,200
- Tax Amount: $7,362
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 2470
- Lot Number: 27
Listed by Florostone Realty Inc.
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Schools
Schools serving 108 Fleming Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105 | PK-8 | 0.2 mi |
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.7 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 1.1 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 1 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 2.2 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2.5 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.5 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2.4 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 Fleming Ave
Date
Details
Price
Change
Source
7/29/2026
Listed
$1,599,900
146.14%
MLS
3/24/2025
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 108 Fleming Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,742
—
$301,100
56%
2025
$7,742
7%
$193,600
—
2023
$7,217
—
$193,600
—
2022
$7,233
—
$193,600
—
2021
$7,229
33%
$193,600
—
2021
$5,450
-25%
$193,600
—
2019
$7,281
2%
$193,600
—
2018
$7,150
4%
$193,600
—
2017
$6,892
3%
$193,600
—
2016
$6,660
4%
$193,600
—
2015
$6,406
12%
$193,600
—
2013
$5,717
—
$193,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 108 Fleming Ave
108 Fleming Ave, Newark, NJ 07105 (MLS# 4043727) is a Multi-Family property with 4 units containing 8 bedrooms and 7 full bathrooms. 108 Fleming Ave is currently listed for $1,599,900 and was received on July 29, 2026. Want to learn more about 108 Fleming Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

