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$849,900

  • For Sale
  • Active
  • Commercial
See This Home
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Exceptional mixed-use investment opportunity in Newark?s RDV Redevelopment Plan Area. This commercial property features a bar/restaurant on the first floor with a long-term, established tenant providing consistent income, plus two updated residential apartments offering strong rental potential. Prime location with excellent NYC commuter access, making the apartments highly desirable to renters. This property can also be purchased together with 45 Fleming St next door, adding three additional rental units and creating a rare multi-building portfolio opportunity. Ideal for investors seeking cash-flowing Newark properties, redevelopment upside, or long-term appreciation in a rapidly improving corridor. Don?t miss the chance to acquire two adjacent properties with significant future growth potential.

Full Property Details for 47 Fleming Ave

General

  • Price: $849,900
  • Taxes: $13,800 (2025)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 4001591
  • Updated: 12/15/2025
  • Added to Site: 34 day(s) ago

Business

  • Includes: Building & Land

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 3

Additional Information

  • Equipment: Appliances, Fire Alarm, See Remarks

Parking

  • Parking: On-Street Parking

Location

  • County: Essex
  • Driving Directions: From Clinton Ave, take Seymour Ave to Fleming St; property is near the intersection of Fleming St and Dewey St.
  • Location Details: See Remarks

Heating & Cooling

  • Cooling Type: 3 Units, Window A/C(s)
  • Heating Type: 3 Units, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Flat
  • Stories in Building: 3
  • Year Built: 1950
  • Remodeled/Updated: 2025

Unit Information

  • 3 Bedroom Units: 2
  • Units w/Full Bath: 2
  • Units w/Half Bath: 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size: 24.11X100
  • Zoning: RDV

Financial Considerations

  • Assessment Amount: $361,600
  • Land Assmt: $144,000
  • Tax Amount: $13,800
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • Disclosures: Yes
  • APN: 1614-02022-0000-00003-0000-
  • Block: 2022
  • Lot Number: 3

Listed by Re/Max Professionals I

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Listing agent

— 47 Fleming Ave —

  • Re/Max Professionals I

973-450-4000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 47 Fleming Ave

School District:Newark City School District
NameGradesDistance
Hawkins Street Elementary School
8 Hawkins Street, Newark, NJ 07105
PK-80.3 mi
Wilson Avenue Elementary School
19 Wilson Ave, Newark, NJ 07108
K-80.5 mi
Lafayette Street Elementary School
205 Lafayette Street, Newark, NJ 07105
K-80.9 mi
Oliver Street Elementary School
86 Oliver Street, Newark, NJ 07105
PK-81.3 mi
South Street Elementary School
44-48 Hermon Street, Newark, NJ 07105
K-81.4 mi
Quitman Street School
21 Quitman Street, Newark, NJ 07103
K-82 mi
Sussex Avenue Elementary School
307 Sussex Avenue, Newark, NJ 07107
K-42.6 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-62.6 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-82.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 47 Fleming Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/13/2025
Listed
$849,900
93.16%
MLS
7/21/2020
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
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 for 47 Fleming Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,752
2%
$361,600
—
2023
$13,480
—
$361,600
—
2022
$13,509
—
$361,600
—
2021
$13,502
-11%
$361,600
—
2020
$15,200
-15%
$361,600
-10%
2019
$17,981
2%
$400,000
-16%
2018
$17,656
-2%
$478,100
—
2019
$17,981
6%
$478,100
—
2017
$17,020
3%
$478,100
—
2016
$16,447
4%
$478,100
—
2015
$15,820
12%
$478,100
—
2013
$14,118
—
$478,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Re/Max Professionals I

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47 Fleming Ave, Newark, NJ 07105 (MLS# 4001591) is a Commercial property. 47 Fleming Ave is currently listed for $849,900 and was received on December 13, 2025. Want to learn more about 47 Fleming Ave? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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