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79 1/2 Merchant Street Newark, NJ $ 499,000
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79 1/2 Merchant Street
$ 499,000
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79 1/2 Merchant Street

Newark, NJ, 07105
$ 499,000
Bedrooms3 Baths3.0 Sq 1,666

Monthly Estimate*

$ 3,072

79 1/2 Merchant Street, Newark, NJ 07105 - Image 1
79 1/2 Merchant Street, Newark, NJ 07105 - Image 2
79 1/2 Merchant Street, Newark, NJ 07105 - Image 3

Single Family Home for sale in Newark, NJ

for $499,000 with 3 bedrooms and 3 full baths. This 1,666 square foot home was built in 1887 on a lot size of 0.03.

Amazing opportunity in the highly sought-after Ironbound section of Newark! Located in one of the neighborhood's nicest areas on a street just off the corner of Ferry and Wilsons Avenues, this home provides easy access to local shops, diverse restaurants, and vibrant shopping. Enjoy three levels of living in a recently upgraded and updated home including three bedrooms and three full bathrooms, and a finished walk-out basement with a separate entrance, offering flexible use or potential for a separate unit. Offering Mother/daughter possibilities with two full kitchens and newer bathrooms. Detached garage and additional parking space a rare find in this area. Recent major upgrades include newer windows, new furnaces, and new roofs on both the main building and garage. Excellent investor opportunity with strong rental potential in a prime location close to transportation and major highways

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Single Family Active

Price

$ 499,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 4,826

Style

Detached,Attached Duplex

Lot Size

0.03

Year Built

1887

Town/City

Newark

County/Region

Essex

MLS | Web ID

22601497
Features
General
Sewer Public Sewer
Heating Natural Gas Baseboard 2 Zoned Heat
Cooling Multi Units
Roof Flat
Garage Spaces 1.0
Patio/Porch Features Porch - Covered
Architectural Style Detached Attached Duplex
Construction Materials Brick Veneer
Exclusions Personal Belongings
Year Built 1887
Stories Count 2
Property Subtype Single Family Residence
Tax Year 2024
County Essex
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Total Rooms 11
Full Baths 3
Status Active
Directions Between Lafayette and Ferry/Wilson.
City Newark
Senior Community Y/N N
Zoning Description Residential Single Family
MLS Area Newark
Lot Size Square Feet 1306.8
Carport Y/N N
Elementary School Ivy Hill
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4826.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Newark (NEW)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 126900
Water Body Access Y/N None
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Interior
Basement Finished Full Heated Walk-Out Access
Flooring Vinyl Plank
Total Fireplaces 0
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 3
Main Level Bathrooms 1
Total Baths 3
Heating-Baseboard True
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Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 0.03
Spa N
Building Area Total 1666.0
Lot Dimensions 13.8 x 100
Lot Size Acres 0.03
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7912
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* Excluded Features
List By
Joan Marchetta

Listing Agent

Coldwell Banker Realty

Broker

732-546-6325

Contact

Affordability Calculator

$3,475
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$402
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5124910 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/16/2026$499,000 Listed Price

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79 1/2 Merchant Street, Newark, NJ, 07105 is a Single Family Home for sale at $499,000 with 1,666 sqft and a lot size of 0.03. 79 1/2 Merchant Street has 3 bedrooms, 3.0 baths, and was built in 1887. The property's zip code is 07105 which is in Newark, NJ

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