AgentLogo

2 Family

51 Demarest Street

Newark , NJ 07112

MLS#: 26004211

$569,900

Status: Active
Listing number: 26004211
Listing provided by: RE/MAX Professionals 1
Listing agent phone: None
Last update: 7 days ago
On site: 21 days ago
Browse Properties
Main image without alt text

Property

Beds

5

Full Baths

2

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

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 2 bedrooms, den, 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 3 bedrooms and 1 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!

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    2 Family

Price

  • Sales Price

    $569,900

  • Tax Amount

    $6,446

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

ESSEX

Elementary School

Middle School

High School

Listing Courtesy of Jorge Velasquez , RE/MAX Professionals 1

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Patrick Bolger

FOUNDER

Patrick Bolger

Call Patrick today to schedule a private showing.

(973) 945-9979

patrickbolger@kw.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 2 bedrooms, den, 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 3 bedrooms and 1 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!

51 Demarest Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 2 days ago
Welcome to 491 S17th St, an updated 2 family home opportunity with insanely LOW TAXES for owner occupant or investor! This multi unit home features spacious bedrooms, new hardwood floors, updated kitchens and baths, forced air heat, a full unfinished basement, updated plumbing & electrical, and much more! The first floor offers a living room, 3 bedrooms, eat-in kitchen, and full bath. The 2nd floor includes 3 bedrooms, living, eat in kitchen full bath, and an additional rec room / office / or possible 4th bedroom addition! The basement is large with a good ceiling height, ideal for finishing to add additional living space. The exterior has been refreshed to create a nice curb appeal, and the backyard is large and has many possibilities as well. The location is ultra convenient, located near major transportation, downtown Newark, hospitals, schools, and major highways. This home is excellent value in today's market!
#26007316

Newark

491 S 17th Street

6 Beds

2 Baths

N/A

$544,900

MLS#: 26007316

New on site 3 days ago
Mint condition 2 Family home featuring 1st floor Living, dining, Kitchen, 3 bedrooms 1 bathroom 2nd floor st floor Living, dining, Kitchen, 3 bedrooms 1 bathroom plus finished basement with 1 full bathroom. Garage and laundry. Easy commute to NYC , accessible to highway 78, or via bus public transportation, nearby schools, nearby Beth Israel Hospital 1st floor vacant 2nd fl owner occupied, house will be delivery totally vacant.
#26007284

Newark

186 Fabyan Place

6 Beds

3 Baths

N/A

$670,000

MLS#: 26007284

New on site 3 days ago
Opportunity is knocking! Spacious 3 Family Home over 3 finished levels in thriving Newark is bursting with possibilities! An ideal rental property to add to your portfolio for easy supplemental income. The first floor unit offers 2 bedrooms, 1 full bath, a kitchen, living room, and separate dining room. Plenty of natural light all through. The 2nd floor unit offers 3 bedrooms, 1 full bath, a kitchen, living room and dining room. The third floor unit offers 1 bedroom, 1 full bath, and living area & kitchen. Full basement offers ample storage, utilities, and laundry facilities. Backyard area with patio is partially fenced-in for your privacy. Semi-private entrances, separate utilities, and a prime commuter location, just steps to the bus line, easy access to major roads, close to parks, shopping, dining, Newark Beth Isreal Medical Center, and more! Don't miss out! This could be the hidden gem you've been searching for!
#26006417

Newark

7 Mapes Terrace

6 Beds

3 Baths

N/A

$500,000

MLS#: 26006417

New on site 4 days ago
Amazing 2-family home has been recently renovated and is ready for its next owner. Both apartments contain three bedrooms, an updated bathroom and hook-ups for wash/dryers for each apartment. The 2nd floor apartment has a bonus room attached to the main bedroom which can be used as an office or amazing walk-in-closet. You decide. The open floor plan living and dining room area are ideal for anyone looking to host with a large eat-in-kitchen. Thoughtful improvements have been made to the entire property including the updated Central heating, hot water heaters and the furnace system. The 3 car detached garage and workshop make this the ultimate investment. There is ample parking for multiple vehicles which can be rented to tenants or separately to anyone looking for dedicated parking.
#26007009

Newark

750 S 17th Street

6 Beds

2 Baths

N/A

$675,000

MLS#: 26007009

Charming three-family home offering total of 7 bedrooms and 3 bathrooms. House needs work but still offers a solid investment potential. This property features three spacious units spread across three levels, each with comfortable layouts and abundant natural light. The exterior boasts low-maintenance vinyl siding, a welcoming front entry with steps and railing. Each unit offers bright living spaces, generously sized bedrooms, and functional kitchens and baths. It has ample windows throughout create an airy feel. The property includes a basement for additional storage potential and separate utilities. Conveniently located near public transportation, shops, restaurants, and major highways, this multi-family home is ideal for investors or owner-occupants seeking rental income. Don't miss this opportunity to own a versatile income-producing property in a desirable neighborhood! Schedule showing and send offer asap!
#26006074

Newark

94 Cedar Avenue

7 Beds

3 Baths

N/A

$599,000

MLS#: 26006074

None
#26005863

Newark

191 1st Avenue

5 Beds

2 Baths

N/A

$499,900

MLS#: 26005863

Newly renovated 2023 2 Family House with plenty of bedrooms, Each floor offer 4 Bedroom, Unit 1 Includes 4 Bedroom and 1 Bathroom, spacious living room with modern and new kitchen, Unit 2 Offers 4 Bedroom, Primary Bedroom with private bathroom and second full bathroom, Spacious basement to bring your imagination and create and extra Family room spaces for entertainment, Additional features include separates utilities, Driveway is shared, Calling all investors or first time home buyers that is looking for a move in ready property. This is your opportunity to own a 2 family renovated and with low taxes. Do your appointment today. Truly a must see!
#26005433

Newark

47 Aldine Street

8 Beds

3 Baths

N/A

$665,000

MLS#: 26005433

Well-maintained two-family home offering strong income potential and functional living space. Perfect opportunity for investors looking to add to their portfolio or buyers looking to live in one unit while generating rental income from the other. Both units include laundry hookups, adding tenant convenience and rental appeal. Unit 2 was updated in 2025. Conveniently located near major transportation routes, shopping, schools, and local amenities
#26005360

Newark

447 17th Street

4 Beds

2 Baths

N/A

$489,900

MLS#: 26005360

None
#26005349

Newark

111 Ridgewood Avenue

6 Beds

3 Baths

N/A

$615,000

MLS#: 26005349

Great opportunity to own a 2-family property in the heart of Newark! This income-producing home features two units that has: Unit 1 offers 1 bedroom and 1 full bath, while Unit 2 provides 3 bedrooms and 1 full bath, ideal for owner-occupants or investors looking for strong rental potential. Major updates include 2 new boilers and 1 new furnace, offering peace of mind and added value. Conveniently located near transportation, shopping, dining, schools, and major highways, making commuting and everyday living a breeze. Whether you're looking to live in one unit and rent the other or expand your portfolio, this is an excellent opportunity you don't want to miss!
#26005113

Newark

30 N 11th Street

4 Beds

2 Baths

N/A

$520,000

MLS#: 26005113

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service