51 Demarest St, Newark, NJ 07112

Newark
Local realty services provided by:ERA Suburb Realty Agency
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#:4047947
Source:NJ_GSMLS

Price summary

  • Price:$569,900

About this home

Exceptional opportunity to own a spacious 2-family home in Newark! Ideal for both investors and owner-occupants, this income-producing property offers flexibility and strong rental potential. The vacant first-floor unit features 2 bedrooms, a den, 1 full bath, and a comfortable layout, making it perfect for immediate occupancy or rental income. The second-floor unit is occupied and offers 3 bedrooms and 1 full bath, providing established income and excellent tenant appeal. With a total of 5 bedrooms plus a den, this property stands out for its size and versatility. Conveniently located near major highways, NJ Transit, Newark Penn Station, schools, shopping, restaurants, and local amenities, making commuting and daily errands a breeze. Whether you're looking to live in one unit while collecting rent from the other, or add a solid multi-family asset to your investment portfolio, this property offers outstanding value and potential.

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Home facts

  • Year built:1992
  • Listing ID #:4047947
  • Added:1 day(s) ago
  • Updated:August 21, 2026 at 03:50 AM

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:$6,778 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:1 Car Width, Attached Garage
  • Garage spaces:1
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 21, 2026

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