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See Remarks For Sale

47 Fleming Ave, Newark City, Essex 07105

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Property Description

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.

Basic Details
Property Type:
See Remarks
Listing Type:
For Sale
Listing ID:
4001591
Price:
$849,900
Year Built:
1950
Lot Area:
0.06 Acre
Status:
Under Contract
Office Name:
RE/MAX PROFESSIONALS I
Agent Name:
CHRISTOPHER STEAD
Roof:
Flat
Features
Heating System:
Forced Hot Air, 3 Units
Cooling System:
3 Units, Window A/C(s)
Basement:
Unfinished
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07105
Street:
Fleming Ave
Street Number:
47
Longitude:
W75° 51' 14.8''
Latitude:
N40° 43' 52.6''
Directions:
From Clinton Ave, take Seymour Ave to Fleming St; property is near the intersection of Fleming St and Dewey St.
Zoning:
RDV
Additional Information
Lot Size Dimensions:
24.11X100
Water Source:
Public Water
Stories Total:
3
Number Of Units Total:
3
Financial
Tax Annual Amount:
13800
Listing Information
List Agent Mls Id:
409485
List Office Mls Id:
226401
Mls Status:
Under Contract
Modification Timestamp:
2026-07-16T13:39:14Z
Originating System Name:
gsmls
See Remarks For Sale
Listing ID:
4001591
Lot Area:
0.06 Acre
$849,900
Agent info
Contact Agent

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