$569,900

51 Demarest Street, Newark, NJ 07112

  • 8 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 21 hours ago

Property Description

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!

Listing Status:
Active
Date Added:
February 14, 2026
Data Last Updated:
February 15, 2026 at 3:06AM
Listing Office:
RE/MAX Professionals 1 : 973-450-4000
Listing Agent:
Jorge Velasquez : 973-450-4000
MLS ID:
26004211
  • Rooms: 15
  • Laundry: See Remarks
  • County: ESSEX
  • Utilities: Sep ElecSep GasSep Heat

This listing courtesy of Jorge Velasquez , RE/MAX Professionals 1

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hawthorne Avenue Elementary School

428 Hawthorne Ave, Newark, NJ, 07112

Grades KG-8

0.11 miles away

H

Hawthorne Avenue Elementary School

428 Hawthorne Ave, Newark, NJ, 07112

Grades KG-8

0.11 miles away

U

University High School

55 Clinton Pl, Newark, NJ, 07108

Grades 7-12

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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