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  • $1,599,900

    108 Fleming Ave, Newark City, NJ 07105

    8beds
    5,535sqft
    : 
    $10,338/mo
    Get pre-qualified
    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $289/sqft
    $-- HOA

    What's special

    Contemporary finishesAbundant natural lightEnergy-efficient systemsModern kitchensOpen-concept floor plans
    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.
    29 days
    |
    755
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Grisela Flores 908-445-5339,

    Florostone Realty Inc.

    Source: GSMLS,MLS#: 4043727MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • 4+ Units, See Remarks, Natural Gas
      Cooling
      • 4+ Units
      Appliances
      • Laundry: Laundry Room
      Features
      • Bedrooms, Kitchen, Living/Dining Room
      • Flooring: Wood
      • Basement: Yes,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 5,535
      • Total interior livable area: 5,535 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: 1 Car Width, Concrete
      • Uncovered spaces: 4
      Features
      • Exterior features: Sidewalk
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 25 x 94.4 94.4
      • Features: Corner Lot
      Details
      • Parcel number: 1614024700000000270000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Flat
      Condition
      • Year built: 2025

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector
      • Subdivision: North Ironbound
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $289/sqft
      • Tax assessed value: $193,600
      • Annual tax amount: $7,362
      • Date on market: 7/29/2026
      • Total actual rent: 8700
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/29/2026Listed for sale$1,599,900-23.8%$289/sqft
        Source: GSMLS #4043727 Report a problem
        11/7/2025Listing removed$2,100,000$379/sqft
        Source: HCMLS #250020777 Report a problem
        10/8/2025Listed for sale$2,100,000-8.7%$379/sqft
        Source: GSMLS #3991414 Report a problem
        9/9/2025Listing removed$2,300,000$416/sqft
        Source: All Jersey MLS #2602524R Report a problem
        8/14/2025Listed for sale$2,300,000+253.8%$416/sqft
        Source: HCMLS #250016654 Report a problem
        4/21/2025Sold$650,000+23.8%$117/sqft
        Source: Public Record Report a problem
        7/1/2024Sold$525,000+58%$95/sqft
        Source: GSMLS #3896109 Report a problem
        11/20/2019Listing removed$332,212$60/sqft
        Source: Auction.com Report a problem
        11/19/2019Price change$332,212+0.4%$60/sqft
        Source: Auction.com Report a problem
        11/17/2019Price change$331,049+1.7%$60/sqft
        Source: Auction.com Report a problem
        11/11/2019Price change$325,442+0.4%$59/sqft
        Source: Auction.com Report a problem
        11/9/2019Price change$324,043+0.5%$59/sqft
        Source: Auction.com Report a problem
        11/6/2019Price change$322,394+0.2%$58/sqft
        Source: Auction.com Report a problem
        11/4/2019Price change$321,805+0.1%$58/sqft
        Source: Auction.com Report a problem
        11/3/2019Price change$321,555-1.4%$58/sqft
        Source: Auction.com Report a problem
        11/1/2019Listed for sale$326,201-0.3%$59/sqft
        Source: Auction.com Report a problem
        9/4/2019Listing removed$327,136$59/sqft
        Source: Auction.com Report a problem
        8/31/2019Price change$327,1360%$59/sqft
        Source: Auction.com Report a problem
        8/30/2019Price change$327,219-0.2%$59/sqft
        Source: Auction.com Report a problem
        8/27/2019Price change$327,869-0.2%$59/sqft
        Source: Auction.com Report a problem
        8/22/2019Price change$328,5440%$59/sqft
        Source: Auction.com Report a problem
        8/21/2019Price change$328,574-0.1%$59/sqft
        Source: Auction.com Report a problem
        8/19/2019Price change$328,756+0.2%$59/sqft
        Source: Auction.com Report a problem
        8/17/2019Price change$327,990-0.1%$59/sqft
        Source: Auction.com Report a problem
        8/15/2019Price change$328,466+0%$59/sqft
        Source: Auction.com Report a problem
        8/14/2019Price change$328,368-0.1%$59/sqft
        Source: Auction.com Report a problem
        8/10/2019Listed for sale$328,534+1.1%$59/sqft
        Source: Auction.com Report a problem
        6/21/2016Sold$325,000+69.3%$59/sqft
        Source: Public Record Report a problem
        9/9/2014Sold$192,000$35/sqft
        Source: GSMLS #3127640 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,742 +5.2%$193,600
        2024$7,363 +0.1%$193,600
        2023$7,357 $193,600
        2022$7,357 $193,600
        2021$7,357 +1%$193,600
        2020$7,281 +37.4%$193,600
        2019$5,298 $193,600
        2018$5,298 -20.5%$193,600
        2017$6,660 +4%$193,600
        2016$6,406 +6.7%$193,600
        2015$6,004 +5%$193,600
        2014$5,717 -46.1%$193,600
        2013$10,598 +3.7%$193,600 -36.9%
        2012$10,217 +4.7%$307,000
        2011$9,763 +16.1%$307,000
        2010$8,409 +5.4%$307,000
        2009$7,979 +4.4%$307,000
        2008$7,644 $307,000
        2007$7,644 $307,000
        2006-- $307,000
        2005-- $307,000
        2004$6,631 $307,000
        2003-- $307,000 +2939.6%
        2002-- $10,100
        2001-- $10,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: North Ironbound

        Getting around

        80 / 100
        Very Walkable
        50 / 100
        Good Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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