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Two-Story Duplex with Flexible Layout
For Sale
$569,900

51 Demarest St, Newark, NJ 07112

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market9

Property Features for 51 Demarest St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5
Parking 1
Exterior features Storm Door(s), Storm Window(s)
Directions Nye Ave. to Demarest St.
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6778

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 Agency: RE/MAX PROFESSIONALS I · RE/MAX International
Listed By: JORGE VELASQUEZ · License #446388
Added: Aug 20 Last Checked: Aug 28 at 11:06PM
MLS# 4047947

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.

This two-family property was built in 1992 and includes a first-floor unit with two bedrooms, a den, and one full bathroom. The second-floor residence has three bedrooms and one full bathroom and is currently occupied. Together, the units provide five bedrooms plus a den across the building, with distinct layouts suited to owner occupancy or continued rental use.

The property occupies 0.06 acres and is served by public water and public sewer. Shingle roofing and storm door and storm window features are included. The Newark setting provides access to major highways, NJ Transit, Newark Penn Station, schools, shopping, restaurants, and other local amenities.

Key Highlights

  • Two‑family property with five bedrooms plus a den
  • First‑floor unit offers 2 bedrooms, a den, and 1 full bath; currently vacant
  • Occupied second‑floor unit includes 3 bedrooms and 1 full bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,997
Businesses Nearby

Demographics for 07112, NJ

29,773
Population
11,779
Households
2.5
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
21,266
Density / Sq Mi
$55,171
Median Household Income
$35,709
Median Earnings
$1,334
Median Rent
$306,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include a vacant lower level and an occupied upper level with separate bedroom configurations.
Where is this duplex located?
The property is located at 51 Demarest St Newark, NJ.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: Two‑family property with five bedrooms plus a den; First‑floor unit offers 2 bedrooms, a den, and 1 full bath; currently vacant; Occupied second‑floor unit includes 3 bedrooms and 1 full bath
More about this property
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