51 Demarest St Newark, NJ $ 589,000
51 Demarest St
$ 589,000
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51 Demarest St

Newark, NJ, 07112
$ 589,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 4,068

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Multi-Family Home for sale in Newark, NJ

for $589,000 with 5 bedrooms and 2 full baths. This home was built in 1992 on a lot size of 0.06.

Welcome to 51 Demarest St, a beautifully renovated 2-family home offering modern updates, spacious layouts, and excellent multi-family appeal in Newark. This inviting property features a total of five bedrooms and two full bathrooms, with both units offering comfortable and functional living spaces. Unit 1 features two spacious bedrooms, one full bathroom, a bright and welcoming living room, and an eat-in kitchen with a dedicated dining area. An additional den provides valuable flexibility and can easily serve as a home office, study, sitting room, or other everyday use. Unit 2 offers three spacious bedrooms, one full bathroom, a bright living room, and an eat-in kitchen, providing a practical layout for comfortable living. Additional highlights include an attached one-car garage and a private driveway for convenient off-street parking. With its thoughtful renovation, versatile floor plans, and desirable two-family configuration, this property presents a fantastic opportunity for homeowners and investors alike. Grab it before it's gone!

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Multi-Family Active

Price

$ 589,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,778

Style

2-Two Story

Lot Size

0.06

Year Built

1992

Town/City

Newark

County/Region

Essex

MLS | Web ID

4060436

Features
General
Sewer Public Sewer
Heating 2 Units
Cooling None
Utilities Electric Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Garage Spaces 1
Architectural Style 2-Two Story
Year Built 1992
Garage Attached Garage
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
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 6778
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 169500
Town # 1614
Tax Lot 42.02
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Exterior
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 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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* Excluded Features
List By
TOVIA LICHTMAN

Listing Agent

Keller Williams Mid-Town Direct

Broker

Tovia@thelichtmanteam.com

Email

Affordability Calculator

$4,633
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,068
Monthly Property Taxes
$565
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/21/2026$589,000 Listed Price

Map


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51 Demarest St, Newark, NJ, 07112 is a Multi-Family Home for sale at $589,000 with a lot size of 0.06. 51 Demarest St has 5 bedrooms, 2.0 baths, and was built in 1992. The property's zip code is 07112 which is in Newark, NJ