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Residential Income For Sale

51 Demarest Street, Newark, NJ 07112

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Property 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.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26004211
Price:
$569,900
Status:
Active
Office Name:
RE/MAX Professionals 1
Agent Name:
Jorge
Features
Architectural Style:
2 Family
Laundry Features:
See Remarks
Utilities:
Sep Elec, Sep Gas, Sep Heat
Address Map
Country:
US
State:
NJ
County:
ESSEX
City:
Newark
Zipcode:
07112
Street:
Demarest
Street Number:
51
Street Suffix:
Street
Longitude:
W75° 47' 10.4''
Latitude:
N40° 43' 1.9''
Additional Information
On Market Date:
2026-02-14
Garage:
1
Financial
Tax Annual Amount:
6446
Listing Information
Co List Agent Mls Id:
446660
List Agent Mls Id:
1002608
List Office Mls Id:
2660
Mls Status:
Active
Modification Timestamp:
2026-06-17T22:34:03Z
Originating System Name:
njmls
Status Change Timestamp:
2026-02-27
Residential Income For Sale
Listing ID:
26004211
$569,900
Agent info
Contact Agent

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