51 Demarest Street Newark, NJ $ 569,900
51 Demarest Street
$ 569,900
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51 Demarest Street

Newark, NJ, 07112
$ 569,900
Bedrooms5 Baths2.0

Monthly Estimate*

$ 3,598

51 Demarest Street, Newark, NJ 07112 - Image 1
51 Demarest Street, Newark, NJ 07112 - Image 2
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51 Demarest Street, Newark, NJ 07112 - Image 4
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51 Demarest Street, Newark, NJ 07112 - Image 9
51 Demarest Street, Newark, NJ 07112 - Image 10

Multi-Family Home for sale in Newark, NJ

for $569,900 with 5 bedrooms and 2 full baths. This home was built in 1990.

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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Multi-Family Active

Price

$ 569,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,446

Style

2 Family

Year Built

1990

Town/City

Newark

County/Region

Essex

MLS | Web ID

26004211

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 1.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 12
Full Baths 2
Status Active - Active
City Newark
Disclosures Seller's Agent
Year Built Details 1990's
Tax Annual Amount 6446.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
Half Baths 0
Total Bedrooms 5
Total Baths 2
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* Excluded Features

Affordability Calculator

$4,136
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,598
Monthly Property Taxes
$537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2026$569,900 Listed Price

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51 Demarest Street, Newark, NJ, 07112 is a Multi-Family Home for sale at $569,900. 51 Demarest Street has 5 bedrooms, 2.0 baths, and was built in 1990. The property's zip code is 07112 which is in Newark, NJ