79 1/2 Merchant Street, Newark, NJ 07105 - Photo 1

1/1

$420,000

Sold
Closed
Single Family
3 Beds
3 Full Baths
1,666 Sq. Ft.
1 Car Garage
Updated 6 days ago

1/1

Property 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, 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

Full Property Details

Full Property Details for 79 1/2 Merchant St

General

Sold For: $420,000
Taxes: $4,826 (2024)
Status: Closed
Type: Single Family
Source: Monmouth
MLS ID: 22601497
Added to Site: 269 day(s) ago

Interior

Number of Rooms: 8
Flooring: Vinyl Plank

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3
Bathrooms-L2: 1
Bathrooms-L1: 1

Bedrooms

Total Bedrooms: 3

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Off-Street
Garage Description: Detached

Location

Area: Newark (NEW)
Municipality: Newark (NEW)
County: Essex

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Multi Units
Heating Type: Natural Gas, Baseboard, Dual-Zone Heat

Utilities

Sewer: Public Sewer
Water: Public
Water/Sewer: Public Sewer, Public Water

Structural Information

Architectural Style: Detached, Attached Duplex
Exterior Const.: Brick Veneer
Basement: Yes
Roof: Flat
Square Feet: 1,666
Living Area: 1,666 Sq. Ft.
Year Built: 1887

Lot Features

Lot Size (Acres): 0.03
Lot Size (Sq. Ft.): 1,306.8
Lot Dimensions: 13.8 x 100
Zoning: Residential, Single Family

Financial Considerations

Price Per Sq. Ft.: $261.1
Assessment Amount: $126,900
Tax Amount: $4,826
Tax Year: 2024

Disclosures and Reports

Exclusions: Personal Belongings
Property ID: 14-01982-0000-00048
Section: Newark

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Meet the listing agents

— 79 1/2 Merchant St —

Joan Marchetta

Email Me

(732) 546-6325 direct
Colleen Flynn

Email Me

(908) 601-2650 direct

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NMLS#: 1598647

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Schools

Schools serving 79 1/2 Merchant St

School District:Newark City School District

Name	Grades	Distance
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	0.1 mi
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.5 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	0.9 mi
East Side High School 238 Van Buren Street, Newark, NJ 07105	9-12	0.4 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	2.1 mi
Technology High School 223 Broadway, Newark, NJ 07102	9-12	2.1 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	2.2 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	2.2 mi
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104	PK-4	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 79 1/2 Merchant St

Date

Details

Price

Change

Source

10/05/2026

Sold

$420,000

-3.45%

MLS

6/05/2026

Price Reduced

$435,000

-12.83%

MLS

1/16/2026

Listed

$499,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced

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Active
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5
Total Beds

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$400,000

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Condo
Closed

4
Beds
2
Total Baths
1,723
Sq. Ft.

Sold

$400,000

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Condo
Closed

4
Beds
2
Total Baths

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Single Family
Closed

4
Beds

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79 1/2 Merchant Street, Newark, NJ 07105 (MLS# 22601497) is a Single Family property that was sold at $420,000 on October 05, 2026. This property was listed by Joan Marchetta from our Eastern Monmouth Regional Hub Office.Want to learn more about 79 1/2 Merchant Street? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

79 1/2 Merchant St Newark, NJ 07105