---
title: "51 Demarest, Newark, NJ 07112"
description: "51 Demarest, Newark, NJ 07112 — NYC real estate listing on Real Estate Rebate Team. Priced at $569900. Est. potential buyer savings up to $14,247 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newjersey/newark/07112/51-demarest-nj-07112"
source: "Real Estate Rebate Team"
---

# 51 Demarest, Newark, NJ 07112

> **Listing Courtesy of:** RE/MAX Professionals 1

## 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 3 bedrooms 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 5 bedrooms and 2 full baths, 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!

## Property Details

- **Price**: $569900
- **Potential Buyer Rebate**: $14,247
- **Bedrooms**: 8
- **Bathrooms**: 3
- **Property Type**: 2 Family
- **Neighbourhood**: Newark City
- **Area / Borough**: Newark
- **Subdivision**: Newark
- **Listing Office**: RE/MAX Professionals 1
- **State**: NJ

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$14,247** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/nj/essex/newark-city)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.