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About This Home
This 0-bedroom, 0-bathroom commercial at 47 Fleming Ave in Newark City, NJ is listed for $849,900. Built in 1950, on a 0.06 acres lot.
Exceptional mixed-use investment opportunity in Newark?s RDV Redevelopment Plan Area. This commercial property features a bar/restaurant on the first floor with a long-term, established tenant providing consistent income, plus two updated residential apartments offering strong rental potential.
Prime location with excellent NYC commuter access, making the apartments highly desirable to renters. This property can also be purchased together with 45 Fleming St next door, adding three additional rental units and creating a rare multi-building portfolio opportunity. Ideal for investors seeking cash-flowing Newark properties, redevelopment upside, or long-term appreciation in a rapidly improving corridor. Don?t miss the chance to acquire two adjacent properties with significant future growth potential.
Key Features
- Built in 1950
- 0.06 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$4,545/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
47 Fleming Ave
Newark City, NJ 07105
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 47 Fleming Ave is listed at $849,900. The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.06 acre lot, 3 stories.
This property is listed by CHRISTOPHER STEAD and can be reached at 9734504000 or jvelasquezreo@verizon.net.
