- Multi-Family Residential
- Active
- 2 months ago
51 Demarest St
Newark City NJ 07112-1669
$569,900
25X103
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 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!
Facts and Features
Type
Multi-Family Residential
Year Built
2024
Heating
Gas-Natural
SQFT
25X103
Bedrooms
5
bathrooms
2.00
GARAGE
1
Status
Active
Interior Features
- Basement
- No
- Total # Full Baths
- 2
- Total # Baths
- 2.00
- # Bedrooms
- 5
- Cooling
- Window A/C(s)
- Heating
- 2 Units
- Fuel Type
- Gas-Natural
- Status
- Active
- Total # Rooms
- 12
- Unit 1 Appl/Equip
- Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
- Unit 1 Baths
- 1.0
- Unit 1 Bedrooms
- 2
- Unit 1 Handicap Modified
- No
- Unit 1 Levels
- 1
- Unit 1 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Unit 1 Room Description
- Bedrooms, Den, Eat-In Kitchen, Living Room
- Unit 1 Rooms
- 6
- Unit 2 Appl/Equip
- Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
- Unit 2 Baths
- 1.0
- Unit 2 Bedrooms
- 3
- Unit 2 Handicap Modified
- No
- Unit 2 Levels
- 1
- Unit 2 Owner/Tenant Pays
- Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Unit 2 Room Description
- Bedrooms, Eat-In Kitchen, Living Room
- Unit 2 Rooms
- 7
- Unit Style
- 2-Two Story
Exterior Features
- Total Acres
- 0.06
- Parking/Driveway Description
- 1 Car Width
- Easement
- Unknown
- Exclusions
- Personal Property.
- Exterior Description
- Vinyl Siding
- Exterior Features
- Storm Door(s), Storm Window(s)
- # Garage Spaces
- 1
- Garage Description
- Attached Garage
- Approximate Lot Size
- 25X103
- # Parking Spaces
- 1
- Roof Description
- Asphalt Shingle
- Sewer
- Public Sewer
- Total # Units
- 2
- Utilities
- Gas-Natural
- Water
- Public Water
- Construction Date/Year Built
- 1992
- Construction Date/Year Built Des
- Approximate