45 Fleming Ave Newark, NJ 07105
North Ironbound NeighborhoodEstimated payment $5,543/month
About This Home
Attractive investment opportunity in Newark?s RDV Redevelopment Plan Area. This three-family rental property islocated in a prime area with excellent NYC commuter access, making each apartment highly desirable to renters. Theproperty can also be purchased together with 47 Fleming St next door, adding three additional rental units and creating arare multi-building investment portfolio. Ideal for investors seeking cash-flowing Newark multifamily properties,redevelopment upside, or long-term appreciation in a rapidly improving corridor. Don?t miss the opportunity to acquiretwo adjacent properties with strong current income and significant future growth potential.
Listing Agent
RE/MAX PROFESSIONALS I Brokerage Phone: 973-450-4000 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,100
Year Built
- Built in 1877 | Remodeled
Lot Details
- 25 Sq Ft Lot
Parking
- On-Street Parking
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- Multiple Heating Units
- Standard Electricity
Listing and Financial Details
- Assessor Parcel Number 1614-02022-0000-00002-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $9,812 | $263,200 | $66,500 | $196,700 |
| 2024 | $9,812 | $263,200 | $66,500 | $196,700 |
| 2023 | $9,833 | $263,200 | $66,500 | $196,700 |
| 2022 | $9,833 | $263,200 | $66,500 | $196,700 |
| 2021 | $9,828 | $263,200 | $66,500 | $196,700 |
| 2020 | $10,002 | $263,200 | $66,500 | $196,700 |
| 2019 | $9,899 | $263,200 | $66,500 | $196,700 |
| 2018 | $9,720 | $263,200 | $66,500 | $196,700 |
| 2017 | $9,370 | $263,200 | $66,500 | $196,700 |
| 2016 | $9,054 | $263,200 | $66,500 | $196,700 |
| 2015 | $8,709 | $263,200 | $66,500 | $196,700 |
| 2014 | $8,162 | $263,200 | $66,500 | $196,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $899,900 | +56.5% | -- | |
| 08/12/2020 08/12/20 | Sold | $575,000 | +10.6% | -- | View Prior Sale |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- | |
| 03/02/2020 03/02/20 | For Sale | $520,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | Old Republic National Title | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | 1St Rate Ttl & Setmnt Svcs L | |
| Special Warranty Deed | $575,000 | None Available | |
| Deed | -- | -- | |
| Deed | $505,000 | -- | |
| Deed | $365,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $716,250 | New Conventional | |
| Previous Owner | $2,827,360 | New Conventional | |
| Previous Owner | $15,000,000 | New Conventional | |
| Previous Owner | $353,500 | New Conventional | |
| Previous Owner | $345,750 | No Value Available |
Source: Garden State MLS
MLS Number: 4001546
APN: 14-02022-0000-00002
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