# 51 Demarest St, Newark City, NJ 07112-1669

> **TL;DR:** 5bd/2ba residential multi family, $569,900, built 1992. Est. $2,470/mo. Listed 55 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $569,900 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Year Built | 1992 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 55 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,470 |
| **Total** | **$2,470** |

## Property Highlights

- Built in 1992
- 0.06 acre lot
- 1 parking spaces

## Description

### Agent 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 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 bath, 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!

## Location

- **Address:** 51 Demarest St, Newark City, NJ 07112-1669
- **County:** Essex
- **Coordinates:** 40.71711, -74.21378
- **Google Maps:** https://www.google.com/maps?q=40.71711,-74.21378

## Listing Agent

- **Name:** JORGE VELASQUEZ
- **Brokerage:** RE/MAX PROFESSIONALS I
- **Phone:** 9734504000
- **Email:** jvelasquez21@verizon.net

## Primary Photo

![51 Demarest St - Primary Photo](http://lh.rdcpix.com/de28792cf3b5469826b7f9a9663d1fc3l-f2990877562r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/51-demarest-st-newark-city-nj-07112-1669-4009781)*

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**MLS#:** 4009781 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/51-demarest-st-newark-city-nj-07112-1669-4009781)

---

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