51 Demarest St, Newark City, NJ 07112
51 Demarest St, Newark City, NJ 07112
51 Demarest St, Newark City, NJ 07112
51 Demarest St, Newark City, NJ 07112
51 Demarest St, Newark City, NJ 07112
51 Demarest St, Newark City, NJ 07112
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 569,900
Est. payment | /mo

5 Beds

2 Baths

2,613 Sqft Lot

Save
$ 569,900
Est. payment | /mo
Save

5 Beds

2 Baths

2,613 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4009781

Style 2-Two Story

Bedrooms 5

Full Baths 2

Year Built 1992

Annual Tax Amount $6,446

Tax Year 2024

Lot Size 2,613 Sqft

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.

Location

State NJ

County Essex

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Attached Garage

Garage Spaces 1.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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51 Demarest St

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