51 Demarest St, Newark, NJ 07112

Local realty services provided by:Better Homes and Gardens Real Estate Elite
51 Demarest St,Newark City, NJ 07112
$569,900
  • 8 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jorge velasquez
Office: re/max professionals i
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 3 bedrooms 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 5 bedrooms and 2 full baths, 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:1 day(s) ago
  • Updated:February 14, 2026 at 09:03 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3

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

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$569,900
  • Tax amount:$6,446 (2024)
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 February 14, 2026