Property
Newark City, NJ 07105 28 Fleming Ave
$1,399,000
Presented By: WEICHERT REALTORS - HOME CITY
Home Details
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,
Presented By: WEICHERT REALTORS - HOME CITY
Interior Features for 28 Fleming Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath7
Num Units w/Half Bath
Half Baths
Other Interior Features
Price Per Sq Ft1.00
Available Sq Ft0
Num 3 Bdrm Units1
Num 2 Bdrm Units6
Num 1 Bdrm Units
BasementUnfinished
FlooringCarpeting, Laminate, Tile, Wood
Fuel TypeGas-Natural
Total Stories3
General for 28 Fleming Ave
Cap Rate7.00
ConstructionSee Remarks
CoolingNo Cool
CountyEssex
DirectionsOff Market St
Documents AvailableSee Remarks
DriveNone
EasementYes
Equipment AvailableSee Remarks
Garage Spaces
Gross Income122000
Heating4+ Units, Radiant - Hot Water
Leasable Area
LocationCorner
MaintenanceExpense
Net Operating Income95988
Num Apts7
Number Of Units Total7
Operating Expense27000
OwnershipFee Simple
Possessionat closing
Property TypeApartment Complex
Property TypeApartment Complex
RoofAsphalt Shingle, Flat
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameIronbound
Tax Annual Amount19932
Tax Assessed Value511000
Tax Lot34
Tax Year2025
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Utilities Paid ByOther
Year Built0
ZoningResidential
Exterior for 28 Fleming Ave
Building Area Total
Exterior DescriptionAluminum, ConcBrd
Lot Dimensions25X100
Lot FeaturesLevel Lot
Lot Size Acres0.06
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water
Additional Details
Price History
Tina Torres
Broker/Owner