28 Fleming Ave Newark, NJ $ 1,399,000
28 Fleming Ave
$ 1,399,000
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28 Fleming Ave

Newark, NJ, 07105
$ 1,399,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,614

28 Fleming Ave, Newark, NJ 07105 - Image 1
28 Fleming Ave, Newark, NJ 07105 - Image 2

Commercial Property for sale in Newark, NJ

for $1,399,000. The lot size is 0.06.

Welcome to 28 Fleming Avenue - a rare opportunity to own a well-maintained 7-family property, with the possibility of a package deal together with 30 Fleming Avenue. Ideally situated on the corner of Fleming Avenue and Mott Street in Newark's highly desirable Ironbound neighborhood, this property offers exceptional convenience with easy access to Newark Liberty International Airport, Downtown Newark, major public transportation, and an easy commute to New York City.This spacious multi-family building features functional kitchen, living room, and dining room combinations, along with a mix of 2- and 3-bedroom layouts throughout the property-ideal for both investors and owner-occupants seeking strong income potential. The property offers separate utilities, although the current owner is presently covering utility expenses.

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Commercial Active

Price

$ 1,399,000

Property Type

Commercial

Taxes

$ 19,932

Style

Apartment Complex

Lot Size

0.06

Town/City

Newark

County/Region

Essex

MLS | Web ID

4031721

Features
General
Sewer Public Sewer
Construction See Remarks
Heating 4+ Units Radiant - Hot Water
Cooling No Cool
Utilities Gas-Natural
Possession at closing
Roof Asphalt Shingle Flat
Zoning Residential
Garage Spaces 0
Year Built 0
Township Newark City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Corner
Gross Income 122000
County Essex
Net Operating Income 95988
Operating Expense 27000
MaintenanceExpense 0
Subdivision Name Ironbound
Status Active
Directions Off Market St
Number Of Units Total 7
Tax Annual Amount 19932
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 511000
Town # 1614
Tax Lot 34
Cap Rate 7.00
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Interior
Basement Unfinished
Flooring Carpeting Laminate Tile Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 0
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Aluminum ConcBrd
Building Area Total 0
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
Augusto Verissimo

Listing Agent

Newark - Weichert, Realtors® - Home City

Broker

Affordability Calculator

$10,275
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,614
Monthly Property Taxes
$1,661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$1,399,000 Listed Price

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28 Fleming Ave, Newark, NJ, 07105 is a Commercial Property for sale at $1,399,000 with a lot size of 0.06. The property's zip code is 07105 which is in Newark, NJ