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51 Demarest St Newark, NJ $ 569,900
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$ 569,900 Get more info
51 Demarest St
$ 569,900
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51 Demarest St

Newark, NJ, 07112
$ 569,900
Bedrooms6 Baths2.0

Monthly Estimate*

$ 3,509

51 Demarest St, Newark, NJ 07112 - Image 1
51 Demarest St, Newark, NJ 07112 - Image 2
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51 Demarest St, Newark, NJ 07112 - Image 10

Multi-Family Home for sale in Newark, NJ

for $569,900 with 6 bedrooms and 2 full baths. This home was built in 1992 on a lot size of 0.06.

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 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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Multi-Family Active

Price

$ 569,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,446

Style

2-Two Story

Lot Size

0.06

Year Built

1992

Town/City

Newark

County/Region

Essex

MLS | Web ID

4009781
Features
General
Sewer Public Sewer
Heating 2 Units
Cooling Window A/C(s)
Utilities Gas-Natural
Possession TBD
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 2-Two Story
Exclusions Personal Property.
Year Built 1992
Garage Attached Garage
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 2
Status Active
Directions Nye Ave. to Demarest St.
Open Parking Spaces 1
Number Of Units Total 2
Tax Annual Amount 6446
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 169500
Town # 1614
Tax Lot 42.02
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Exterior
Exterior Amenities Storm Door(s) Storm Window(s)
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X103
Lot Size Acres 0.06
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Interior
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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* Excluded Features
List By
JORGE VELASQUEZ

Listing Agent

Re/Max Professionals I

Broker

jvelasquez21@verizon.net

Email

Affordability Calculator

$4,046
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,509
Monthly Property Taxes
$537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2026$569,900 Listed Price

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51 Demarest St, Newark, NJ, 07112 is a Multi-Family Home for sale at $569,900 with a lot size of 0.06. 51 Demarest St has 6 bedrooms, 2.0 baths, and was built in 1992. The property's zip code is 07112 which is in Newark, NJ

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