108 Fleming Ave Newark, NJ 07105
North Ironbound NeighborhoodEstimated payment $9,105/month
Highlights
- Wood Flooring
- Corner Lot
- Multiple cooling system units
About This Home
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.
Listing Agent
FLOROSTONE REALTY INC. Brokerage Phone: 908-445-5339 Listed on: 07/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,362
Year Built
- Built in 2025
Lot Details
- 2,178 Sq Ft Lot
- Corner Lot
Parking
- 4 Parking Spaces
Home Design
- Flat Roof Shape
- Vinyl Siding
Flooring
- Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Full Bathrooms
Utilities
- Multiple cooling system units
- Multiple Heating Units
Additional Features
- Finished Basement
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1614-02470-0000-00027-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $7,742 | $301,100 | $67,200 | $233,900 |
| 2025 | $7,742 | $193,600 | $67,200 | $126,400 |
| 2024 | $7,217 | $193,600 | $67,200 | $126,400 |
| 2023 | $7,233 | $193,600 | $67,200 | $126,400 |
| 2022 | $7,233 | $193,600 | $67,200 | $126,400 |
| 2021 | $7,229 | $193,600 | $67,200 | $126,400 |
| 2020 | $7,357 | $193,600 | $67,200 | $126,400 |
| 2019 | $7,281 | $193,600 | $67,200 | $126,400 |
| 2018 | $7,150 | $193,600 | $67,200 | $126,400 |
| 2017 | $6,892 | $193,600 | $67,200 | $126,400 |
| 2016 | $6,660 | $193,600 | $67,200 | $126,400 |
| 2015 | $6,406 | $193,600 | $67,200 | $126,400 |
| 2014 | $6,004 | $193,600 | $67,200 | $126,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $1,599,900 | +204.7% | -- | |
| 07/01/2024 07/01/24 | Sold | $525,000 | +173.4% | -- | View Prior Sale |
| 09/09/2014 09/09/14 | Sold | $192,000 | -- | -- | View Prior Sale |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | Elite Title | |
| Special Warranty Deed | $525,000 | Servicelink | |
| Sheriffs Deed | -- | None Available | |
| Deed | $325,000 | None Available | |
| Deed | $225,000 | -- | |
| Deed | $192,000 | -- | |
| Deed | $192,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $847,899 | Construction | |
| Previous Owner | $714,630 | Construction | |
| Previous Owner | $319,113 | FHA |
Source: Garden State MLS
MLS Number: 4043727
APN: 14-02470-0000-00027
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