51 Demarest St, Newark, NJ 07112
Local realty services provided by:CENTURY 21 Sylvia Geist 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#:4009781
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 #:4009781
- Added:123 day(s) ago
- Updated:June 18, 2026 at 03:53 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:$6,446 (2024)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:1 Car Width, Attached Garage
- Garage spaces:1
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