47 Fleming Ave, Newark City, NJ 07105
sale
$849,900
|
Other
Courtesy Of RE/MAX Professionals I
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 3
- Cooling System: Multi Units
- Floors: 3
- Heating System: Forced Air
- MLSID: 4001591
- Roof Type: Flat
- Rooms: Basement
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