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51 Demarest St

Newark NJ 07112

5
2
1
0.06 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
0.06 ac. lot size
Multi-Family

Property history for 51 Demarest St

2019
Sold
$205,000
11 Dec 2019

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