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$569,900
Listing Price--beds
--baths
1,747sqft
2,574sqft lot
51 Demarest St, Newark, NJ 07112
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
1747
N/A
N/A
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
2574
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,800
$26,300
$73,700
--%
$100,000
2019
$5,013
$26,300
$107,000
--%
$133,300
2018
$4,922
$26,300
$107,000
--%
$133,300
2017
$4,745
$26,300
$107,000
--%
$133,300
2016
$4,585
$26,300
$107,000
--%
$133,300
2013
$3,936
$26,300
$107,000
--%
$133,300
2012
$4,875
$28,500
$118,000
--%
$146,500
Average Home Price in 07112
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