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

> **TL;DR:** 5bd/2ba residential multi family, $569,900, built 1992. Est. $2,470/mo. Listed 131 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 | 131 |

## 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
Exceptional opportunity to own a spacious 2-family home in Newark! Ideal for both investors and owner-occupants, this income-producing property offers flexibility and strong rental potential. The vacant first-floor unit features 2 bedrooms, a den, 1 full bath, and a comfortable layout, making it perfect for immediate occupancy or rental income. The second-floor unit is occupied and offers 3 bedrooms and 1 full bath, providing established income and excellent tenant appeal. With a total of 5 bedrooms plus a den, this property stands out for its size and versatility. Conveniently located near major highways, NJ Transit, Newark Penn Station, schools, shopping, restaurants, and local amenities, making commuting and daily errands a breeze. Whether you're looking to live in one unit while collecting rent from the other, or add a solid multi-family asset to your investment portfolio, this property offers outstanding value and potential.

## 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:** 2026-06-24
**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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