51 Demarest Street, Newark, NJ 07112

$569,900
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Active
BEDS5 BATHS2 full MLS#26004211
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

51 Demarest Street | MLS# 26004211

This multi-family property located at 51 Demarest Street, Newark, NJ 07112 is currently listed for sale with an asking price of $569,900. Search Newark real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $6,446

Feature Descriptions

Days on Site: 141
Laundry: See Remarks
Number of Rooms: 12
Utilities: SEPERATE Elec, SEPERATE Gas, SEPERATE Heat

Listed By / Shown By

Listing By

Agency Name: RE/MAX Professionals 1
Agency Phone: 973-450-4000

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 1,971.74 per month $1,268.35 Principal & Interest $537.17 Property Tax $166.22 Homeowner's Insurance

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