51 Demarest Street, Newark, NJ 07112 - Photo 1

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$569,900 Just Listed

For Sale
Active
Duplex
6 Beds
2 Full Baths
1 Car Garage
Updated 2 days ago

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Property Description

Excellent opportunity to own a spacious 2-family home in Newark! 51 Demarest Street offers great flexibility for both investors and owner-occupants. The 1st floor unit is vacant and features 3 bedrooms and 1 full bath, offering a comfortable layout with generous living space perfect for an owner-occupant or immediate rental income. The 2nd floor unit is currently occupied and boasts an impressive 3 bedrooms and 1 full baths, providing substantial space and strong income potential. This property presents a rare opportunity with a large bedroom count across both units, making it ideal for maximizing rental returns. Conveniently located near major highways, public transportation, schools, and local amenities. Whether you're looking to live in one unit while collecting rent from the other, or expand your investment portfolio, this multi-family property is full of potential. Don't miss out!

Full Property Details

Full Property Details for 51 Demarest St

General

Price: $569,900
Taxes: $6,446
Status: Active
Type: Duplex
Source: NJMLS
MLS ID: 26004211
Updated: 2/17/2026
Added to Site: 6 day(s) ago

Interior

Number of Rooms: 13

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 6

Other Rooms

Laundry: See Remarks

Additional Information

Other Features: Other

Parking

Garage: Yes
Garage Spaces: 1

Location

Area: Newark
County: ESSEX

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat

Structural Information

Architectural Style: 2 Family
Description/Design: Other

Financial Considerations

For Sale: Yes
For Sale/Rent/Lease: For Sale
Tax Amount: $6,446

Listed by RE/MAX Professionals 1 (973) 450-4000, Jorge Velasquez (973) 450-4000

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Listing agent

— 51 Demarest St —

Jorge Velasquez

RE/MAX Professionals 1

973-450-4000

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NMLS#: 1598647

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Schools

Schools serving 51 Demarest St

School District:Newark City School District

Name	Grades	Distance
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	0.1 mi
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112	K-8	0.7 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.8 mi
Weequahic High School 279 Chancellor Avenue, Newark, NJ 07112	9-12	0.6 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.1 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	1.4 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.4 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.6 mi
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106	PK-8	1.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51 Demarest St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/14/2026

Listed

$569,900

9.6%

MLS

11/23/2022

Sold

$520,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 51 Demarest St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,446

$169,500

—

2022

$6,333

—

$169,500

—

2021

$6,315

54%

$169,500

70%

2021

$4,097

-18%

$100,000

-25%

2019

$5,013

$133,300

—

2018

$4,923

$133,300

—

2017

$4,745

$133,300

—

2016

$4,586

$133,300

—

2015

$4,411

12%

$133,300

—

2013

$3,936

—

$133,300

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 51 Demarest St

51 Demarest Street, Newark, NJ 07112 (MLS# 26004211) is a Duplex property with 6 bedrooms and 2 full bathrooms. 51 Demarest Street is currently listed for $569,900 and was received on February 14, 2026. Want to learn more about 51 Demarest Street? Do you have questions about finding other Duplex real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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51 Demarest St Newark, NJ 07112