45 Fleming Ave Newark, NJ 07105
North Ironbound NeighborhoodEstimated payment $5,571/month
About This Home
Attractive investment opportunity in Newark?s RDV Redevelopment Plan Area. This three-family rental property is located in a prime area with excellent NYC commuter access, making each apartment highly desirable to renters. The property can also be purchased together with 47 Fleming St next door, adding three additional rental units and creating a rare 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 acquire two adjacent properties with strong current income and significant future growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,100
Lot Details
- 2,509 Sq Ft Lot
Home Design
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Community Details
- No Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 2 / 2022
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: New Jersey MLS
MLS Number: 25042076
APN: 14-02022-0000-00002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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