79 1/2 Merchant Street, Newark, NJ 07105
New Listing
$499,000
Property Type:
Residential
Bedrooms:
3
Baths:
3
Square Footage:
1,666
Lot Size (sq. ft.):
1,307
Status:
Active
Current Price:
$499,000
List Date:
1/16/2026
Last Modified:
1/16/2026
Description
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, ideal for a large family or multi-generational living. Includes finished walk-out basement with a separate entrance, offering flexible use or potential for a separate unit.
Supplements: 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
More Information MLS# 22601497
Contract Info
List Price/SqFt: 299.52
Sub-Type: Attached
Status: Active
List Date: 2026-01-16
List Price: $499,000
Current Price: $499,000
Property Sub-Type: Single Family Residence
Location
Area/Section: Newark
Elementary School: Ivy Hill
House Number: 79 1/2
Street Name: Merchant
Street Suffix: Street
County: Essex
Municipality: Newark (NEW)
Postal City: Newark
State: NJ
Zip Code: 07105
Complex/Subdivision: None
Directions: Between Lafayette and Ferry/Wilson.
General Property Info
Handicap Access: No
Waterfront: No
# Levels: 2
Waterview: No
# Level 1 - Baths: 1
# Level 2 - Baths: 1
# Basement - Baths: 1
Acreage: 0.03
Fireplace: No
Lot Dimensions: 13.8 x 100
Rooms: 8
Basement: Yes
Garage: Yes
# Car Garage: 1
HOA: No
Pool: No
Farm: No
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Apx SqFt: 1666
Apx Year Built: 1887
Tax and Legal
Asmnt - Total: 126900
Taxes: 4826
Tax Year: 2024
Farm Assessed: No
Remarks & Misc
Excluded: Personal Belongings
Ownership Type
Fee Simple: 1
Style
Attached Duplex: 1
Zoning
Residential: 1
Single Family: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Floors
Vinyl Plank: 1
Basement
Finished: 1
Full: 1
Heated: 1
Walk-Out Access: 1
Cooling
Multi Units: 1
Water Heater
Natural Gas: 1
Heating
2 Zoned Heat: 1
Baseboard: 1
Natural Gas: 1
Exterior
Porch - Covered: 1
Parking
Off Street: 1
Garage
Detached: 1
Assessment Status
Assessed: 1
Siding
Brick Veneer: 1
Vinyl: 1
Roof
Flat: 1
Rooms
Bathroom: 1
Bedroom: 1
Den: 1
Kitchen: 1
Living Room: 1
Separate Apartment: 1
Utility Room: 1
Bathroom Level
Basement: 1
Bedroom Level
Second: 1
Den Level
Basement: 1
Kitchen Level
Basement: 1
First: 1
Living Room Level
First: 1
Utility Room Level
Basement: 1
Property Features
Ownership Type: Fee Simple
Style: Attached Duplex
Basement: Finished; Full; Heated; Walk-Out Access
Floors: Vinyl Plank
Cooling: Multi Units
Heating: 2 Zoned Heat; Baseboard; Natural Gas
Water Heater: Natural Gas
Exterior: Porch - Covered
Garage: Detached
Siding: Brick Veneer; Vinyl
Roof: Flat
Parking: Off Street
Zoning: Residential; Single Family
Assessment Status: Assessed
Rooms: Bathroom; Bedroom; Den; Kitchen; Living Room; Separate Apartment; Utility Room
Bathroom Level: Basement
Bedroom Level: Second
Den Level: Basement
Kitchen Level: Basement; First
Living Room Level: First
Utility Room Level: Basement
Room Information
Bathroom
Level: Basement
Level: Basement
Kitchen
Level: Basement
Level: Basement
Utility Room
Level: Basement
Level: Basement
Den
Level: Basement
Level: Basement
Separate Apartment
Living Room
Level: First
Level: First
Kitchen
Level: First
Level: First
Living Room
Level: First
Level: First
Bedroom
Level: Second
Level: Second
Bedroom
Level: Second
Level: Second
Bedroom
Level: Second
Level: Second
Listing Office:
Coldwell Banker Realty
Listing Agent:
Joan Marchetta
Last Updated: January - 16 - 2026
Broker Attribution:
732-546-6325
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.