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
For sale
Price cut: $64K (6/5)
$435,000
79 1/2 Merchant Street, Newark, NJ 07105
3beds
1,666sqft
Single Family Residence, Duplex
Built in 1887
-- sqft lot
$438,900 Zestimate®
$261/sqft
$-- HOA
What's special
Detached garageAdditional parking spaceNew furnacesThree levels of livingNewer windowsThree bedroomsTwo full kitchens
- 168 days |
- 1,401 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
Joan Marchetta 732-546-6325,
Coldwell Banker Realty,
Colleen Flynn 908-601-2650,
Coldwell Banker Realty
Source: MoreMLS,MLS#: 22601497
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, 2 Zoned Heat
Cooling
- Multi Units
Features
- Basement: Finished,Full,Heated,Walk-Out Access
Interior area
- Total structure area: 1,666
- Total interior livable area: 1,666 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
- Garage spaces: 1
Features
- Stories: 2
Lot
- Size: 1,306 Square Feet
- Dimensions: 13.8 x 100
Details
- Parcel number: 1401982000000048
- Zoning description: Residential, Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence, Duplex
Materials
- Brick Veneer
- Roof: Flat
Condition
- Year built: 1887
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Newark
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $126,900
- Annual tax amount: $4,826
- Date on market: 1/16/2026
- Exclusions: Personal Belongings
Estimated market value
$438,900
$417,000 - $461,000
$3,028/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $435,000-12.8%$261/sqft |
Source: | ||
| 1/16/2026 | Listed for sale | $499,000$300/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Ironbound
Nearby schools
GreatSchools rating
- 6/10Wilson Avenue Elementary SchoolGrades: K-8Distance: 0.1 mi
- 2/10East Side High SchoolGrades: 9-12Distance: 0.2 mi
- 1/10Central High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Ivy Hill
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Essex County
- Newark
- 07105
- North Ironbound
- 79 1/2 Merchant Street






