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For sale
  • Price cut: $64K (6/5)
    $435,000

    79 1/2 Merchant Street, Newark, NJ 07105

    3beds
    1,666sqft
    : 
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    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
    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
    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#: 22601497MLS Logo

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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

        DateEventPrice
        6/5/2026Price change$435,000-12.8%$261/sqft
        Source: MoreMLS #22601497 Report a problem
        1/16/2026Listed for sale$499,000$300/sqft
        Source: MoreMLS #22601497 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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

        Getting around

        98 / 100
        Walker's Paradise
        80 / 100
        Excellent Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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