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$ 569,900
Est. payment | /mo
5 Beds
2 Baths
2,613 Sqft Lot
$ 569,900
Est. payment | /mo
5 Beds
2 Baths
2,613 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4009781
Style 2-Two Story
Bedrooms 5
Full Baths 2
Year Built 1992
Annual Tax Amount $6,446
Tax Year 2024
Lot Size 2,613 Sqft
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 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!
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Attached Garage
Garage Spaces 1.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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