51 Demarest St, Newark, NJ 07112
Local realty services provided by:ERA Queen City Realty
51 Demarest St,Newark City, NJ 07112
$569,900
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jorge velasquez
Office: re/max professionals i973-450-4000
MLS#:4009781
Source:NJ_GSMLS
Price summary
- Price:$569,900
About this home
Excellent opportunity to own a spacious 2-family home in Newark! 51 Demarest Street offers great flexibility for both investors and owner-occupants. The 1st floor unit is vacant and features 2 bedrooms, den, and 1 full bath, offering a comfortable layout with generous living space perfect for an owner-occupant or immediate rental income. The 2nd floor unit is currently occupied and boasts an impressive 3 bedrooms and 1 full bath, providing substantial space and strong income potential. This property presents a rare opportunity with a large bedroom count across both units, making it ideal for maximizing rental returns. Conveniently located near major highways, public transportation, schools, and local amenities. Whether you're looking to live in one unit while collecting rent from the other, or expand your investment portfolio, this multi-family property is full of potential. Don't miss out!
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Home facts
- Year built:1992
- Listing ID #:4009781
- Added:90 day(s) ago
- Updated:May 16, 2026 at 02:10 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:12
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:2 Units
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1992
- Lot area:0.06 Acres
- Architectural Style:2-Two Story
- Construction Materials:Vinyl Siding
- Exterior Features:Storm Door(s), Storm Window(s)
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$569,900
- Tax amount:$6,446 (2024)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:1 Car Width, Attached Garage
- Garage spaces:1
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