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.
Active
$899,900
45 Fleming Ave, Newark City, NJ 07105
7beds
--sqft
Est.:
Multi Family
Built in 1877
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 50 |
- 0 |
Zillow last checked: December 12, 2025 at 11:10pm
Listing updated: December 12, 2025 at 09:34am
Listed by:
Chrisopher Stead 973-450-4000,
Re/Max Professionals I
Source: GSMLS,MLS#: 4001546
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 3 Units, See Remarks, Natural Gas
Cooling
- See Remarks
Appliances
- Included: See Remarks
Features
- Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 25.1 x 100
Details
- Parcel number: 1614020220000000020000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Asphalt Shingle
Condition
- Year built: 1877
- Major remodel year: 2025
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, See Remarks
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $263,200
- Annual tax amount: $10,100
- Date on market: 12/12/2025
- Total actual rent: 4000
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $899,900+56.5% |
Source: | ||
| 8/12/2020 | Sold | $575,000+10.6% |
Source: | ||
| 3/25/2020 | Listed for sale | $520,000 |
Source: NJ REO ASSET MANAGEMENT & REALTY, #3620724 Report a problem | ||
| 3/25/2020 | Pending sale | $520,000 |
Source: NJ REO ASSET MANAGEMENT & REALTY, #3620724 Report a problem | ||
| 3/3/2020 | Listed for sale | $520,000-5.3% |
Source: NJ REO ASSET MANAGEMENT & REALTY, #3620724 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,010 | $263,200 |
| 2024 | $10,010 +0.1% | $263,200 |
| 2023 | $10,002 | $263,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,228/mo
Principal & interest
$4398
Property taxes
$1515
Home insurance
$315
Climate risks
Neighborhood: North Ironbound
Nearby schools
GreatSchools rating
- 3/10Hawkins Street Elementary SchoolGrades: K-8Distance: 0.3 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 0.8 mi
- 8/10Technology High SchoolGrades: 9-12Distance: 2.2 mi
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