51 Demarest St Newark, NJ 07112
MULTI_FAMILY - Newark City, NJ
Property Features for 51 Demarest St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3
- Parking
- 1
- Exterior features
- Storm Door(s), Storm Window(s)
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6446
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1992
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent JORGE VELASQUEZ License #446388 (973) 418-0425
Listing office RE/MAX PROFESSIONALS I 264 WASHINGTON AVENUE, Belleville, NJ (973) 450-4000
Listing date Feb 14, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Newark, Essex County, near major highways and NJ Transit, and within commuting distance of Newark Penn Station. It also sits close to schools, shopping, restaurants, and other local amenities that support everyday needs.
This configuration suits owner-occupants seeking to live in one unit while the other unit generates rental income, or investors looking to add a 2-family asset with one unit available. The mix of unit sizes and bedroom counts offers a straightforward way to match tenant preferences, with the vacant first-floor unit providing an immediate option to lease upon acquisition.
Key Highlights
- 2‑family home built in 1992 with vinyl siding and asphalt shingle roof
- First‑floor unit is vacant and features 2 bedrooms, a den, and 1 full bath
- Second‑floor unit is occupied and features 3 bedrooms and 1 full bath
