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Listed by Jorge Velasquez RE/MAX Professionals 1
$ 849,900
Est. payment /mo
Under Contract
47 Fleming AVE Newark, NJ 07105
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 25043185
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
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.
Location
State NJ
County Essex
