This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
$589,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/16
Property Description
Welcome to 51 Demarest St, a beautifully renovated 2-family home offering modern updates, spacious layouts, and excellent multi-family appeal in Newark. This inviting property features a total of five bedrooms and two full bathrooms, with both units offering comfortable and functional living spaces. Unit 1 features two spacious bedrooms, one full bathroom, a bright and welcoming living room, and an eat-in kitchen with a dedicated dining area. An additional den provides valuable flexibility and can easily serve as a home office, study, sitting room, or other everyday use. Unit 2 offers three spacious bedrooms, one full bathroom, a bright living room, and an eat-in kitchen, providing a practical layout for comfortable living. Additional highlights include an attached one-car garage and a private driveway for convenient off-street parking. With its thoughtful renovation, versatile floor plans, and desirable two-family configuration, this property presents a fantastic opportunity for homeowners and investors alike. Grab it before it's gone!
Full Property Details
Full Property Details for 51 Demarest St
General
- Price: $589,000
- Taxes: $6,778 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4060436
- Updated: 10/21/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Essex
- Driving Directions: Nye Ave to Demarest St
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Roof: Asphalt Shingles
- Year Built: 1992
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Den, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 103
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $143,200
- Land Assmt: $26,300
- Tax Amount: $6,778
- Tax Year: 2025
Disclosures and Reports
- Block: 3057
- Lot Number: 42.02
Listed by Keller Williams Mid-Town Direct
Get Pre-Approved Today
Price & Sales History for 51 Demarest St
Date
Details
Price
Change
Source
10/21/2026
Listed
$589,000
13.27%
MLS
11/23/2022
Sold
$520,000
—
Public Record
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
2025
$6,778
7%
$169,500
—
2022
$6,333
—
$169,500
—
2021
$6,315
54%
$169,500
70%
2021
$4,097
-18%
$100,000
-25%
2019
$5,013
2%
$133,300
—
2018
$4,923
4%
$133,300
—
2017
$4,745
3%
$133,300
—
2016
$4,586
4%
$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 St, Newark, NJ 07112 (MLS# 4060436) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 51 Demarest St is currently listed for $589,000 and was received on October 21, 2026. Want to learn more about 51 Demarest St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

