108 Fleming Ave, Newark, NJ, 07105
About This Home
This exceptional 2025 new construction fourplex offers a prime turnkey investment opportunity in the thriving market of Newark. Designed for strong rental performance and low maintenance, the property features four thoughtfully designed units, including Unit 1 with 2 bedrooms and 1 full bath, Units 2 and 3 each with 2 bedrooms and 2 full baths, and Unit 4 offering a unique townhouse-style layout with 2 bedrooms and 2 full baths across three spacious levels. All units showcase open-concept floor plans, abundant natural light, contemporary finishes, modern kitchens, and energy-efficient systems, appealing to today's tenants while minimizing operating costs. Ideal for investors seeking stable cash flow or owner-occupants looking to offset their mortgage, this property is conveniently located near major highways, public transportation, shopping, dining, and provides easy access to NYC. A rare opportunity to own a fully new construction multifamily property in one of Newark's high-demand rental areas.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 2025
Materials
- Roof: Flat
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Yes,Finished
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Features
- Bedrooms,Kitchen,Living/Dining Room
- Flooring: Wood
Heating & Cooling
- Heating features: 4+ Units,See Remarks,Natural Gas
- Cooling features: 4+ Units
Interior Area
- Total structure area: 5,535
- Total interior livable area: 5,535 sqft
Property
Details
- Parcel number: 1614024700000000270000
- Zoning description: Residential
Features
- Exterior features: Sidewalk
Lot
- Lot size: 2,178 sqft
- Features: Corner Lot
- Lot size dimensions: 25 x 94.4 94.4
Parking
- Total spaces: 4
- Parking features: 1 Car Width,Concrete
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Coastal Flooding
- Heat Wave
- Winter Weather
- Cold Wave
- Earthquake
- Hurricane
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,089 | $97,068 |
| Home Insurance * | $925 | $11,100 |
| Property Taxes | $2,799 | $33,588 |
| Electricity | $610 | $7,321 |
| Total | $12,423 | $149,076 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $1,599,900 |
| 2025-11-07 | Listing removed | $2,100,000 |
| 2025-10-08 | Listed for sale | $2,100,000 |
| 2025-09-09 | Listing removed | $2,300,000 |
| 2025-08-14 | Listed for sale | $2,300,000 |
| 2025-04-21 | Sold | $650,000 |
| 2024-07-01 | Sold | $525,000 |
| 2019-11-20 | Listing removed | $332,212 |
| 2019-11-19 | Price change | $332,212 |
| 2019-11-17 | Price change | $331,049 |
| 2019-11-11 | Price change | $325,442 |
| 2019-11-09 | Price change | $324,043 |
| 2019-11-06 | Price change | $322,394 |
| 2019-11-04 | Price change | $321,805 |
| 2019-11-03 | Price change | $321,555 |
| 2019-11-01 | Listed for sale | $326,201 |
| 2019-09-04 | Listing removed | $327,136 |
| 2019-08-31 | Price change | $327,136 |
| 2019-08-30 | Price change | $327,219 |
| 2019-08-27 | Price change | $327,869 |
| 2019-08-22 | Price change | $328,544 |
| 2019-08-21 | Price change | $328,574 |
| 2019-08-19 | Price change | $328,756 |
| 2019-08-17 | Price change | $327,990 |
| 2019-08-15 | Price change | $328,466 |
| 2019-08-14 | Price change | $328,368 |
| 2019-08-10 | Listed for sale | $328,534 |
| 2016-06-21 | Sold | $325,000 |
| 2014-09-09 | Sold | $192,000 |
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