Skip main navigation
Active
    • $569,900

    51 Demarest St, Newark City, NJ 07112

    5beds
    --sqft
    : 
    Multi Family
    Built in 1992
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous living space
    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 2 bedrooms, den, 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 bath, 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!
    34 days
    |
    3,687
    |
    131
    |

    Zillow last checked: March 19, 2026 at 11:55pm

    Listing updated: February 27, 2026 at 05:02am

    Listed by:

    Jorge Velasquez 973-450-4000,

    Re/Max Professionals I

    Source: GSMLS,MLS#: 4009781MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 2 Units, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range/Oven - Gas
      Features
      • Bedrooms, Den, Eat-in Kitchen, Living Room, Eat-In Kitchen
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Car Width, Attached Garage
      • Attached garage spaces: 1
      • Uncovered spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 2,613.6 Square Feet
      • Dimensions: 25 x 103
      Details
      • Parcel number: 1614030570000000420002

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1992

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $169,500
      • Annual tax amount: $6,446
      • Date on market: 2/14/2026
      • Exclusions: Personal Property.
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/14/2026Listed for sale$569,900+9.6%
        Source: GSMLS #4009781 Report a problem
        3/23/2023Sold$520,000+153.7%
        Source: Public Record Report a problem
        12/11/2019Sold$205,000-12.8%
        Source: Public Record Report a problem
        7/17/2018Listing removed$235,000
        Source: JORDAN BARIS, INC./IRV AV,SOR #3461147 Report a problem
        4/13/2018Listed for sale$235,000+261%
        Source: JORDAN BARIS, INC./IRV AV,SOR #3461147 Report a problem
        5/26/2011Sold$65,100+0.9%
        Source: GSMLS #2841935 Report a problem
        3/22/2011Listed for sale$64,500-53.9%
        Source: foreclosure.com Report a problem
        10/23/1995Sold$139,900
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$6,446 $169,500
        2024$6,446 +1.8%$169,500
        2023$6,333 +0.1%$169,500
        2022$6,329 +66.6%$169,500
        2021$3,800 -24.2%$169,500 +69.5%
        2020$5,013 +37.4%$100,000 -25%
        2019$3,648 $133,300
        2018$3,648 -20.5%$133,300
        2017$4,586 +4%$133,300
        2016$4,411 +6.7%$133,300
        2015$4,134 +5%$133,300
        2014$3,936 -15.5%$133,300 -9%
        2011$4,659 +16.1%$146,500
        2010$4,013 +5.4%$146,500
        2009$3,808 +4.4%$146,500
        2008$3,648 $146,500
        2007$3,648 $146,500
        2006-- $146,500
        2005-- $146,500
        2004$3,164 $146,500
        2003-- $146,500 +751.7%
        2002-- $17,200
        2001-- $17,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,779/mo
        Principal & interest
        $2820
        Property taxes
        $959
        More affordability tools

          Climate risks

          Neighborhood: Upper Clinton Hill

          Getting around

          72 / 100
          Very Walkable
          57 / 100
          Good Transit
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Skip to the end of the carouselSkip to the beginning of the carousel

          Local experts in 07112

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Newark Topics