79 1/2 Merchant St

1,666 Sq. Ft.
$300 / Sq. Ft.
1,666
Sq. Ft.
$300
per Sq. Ft.

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...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.
  1. Listed by Joan Marchetta • Coldwell Banker Realty • 732-546-6325
  2. Listed by Colleen Flynn • Coldwell Banker Realty

Property Details for 79 1/2 Merchant Street

Complex/Subdivision
None
Zoning
Residential, Single Family
Style
Attached Duplex
Waterview
No
Directions
Between Lafayette and Ferry/Wilson.
LISTING UPDATED: 01/16/2026 11:49 AM

Property Details for 79 1/2 Merchant Street

StatusActive
MLS #22601497
Days on Market10
Taxes$4,826 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1887
Lot Size0.03 AC / 1,306 SF
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty, Joan Marchetta; Coldwell Banker Realty, Colleen Flynn
Add your commute

Building Information for 79 1/2 Merchant Street

Stories2Year Built1887Building Size-Lot Size0.03 AC / 1,306 SF

Payment Calculator

$2,834 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,432

Property Taxes

$402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 79 1/2 Merchant Street

Summary
Location and General Information
  • Area/Section: Newark
  • Postal City: Newark
  • State: NJ
  • Municipality: Newark (NEW)
  • Elementary School: Ivy Hill
  • Block: 1982
  • Apx Year Built: 1887.0
Parking
  • Garage: Detached
  • Parking: Off Street
  • # Car Garage: 1.0
Taxes and HOA Information
  • HOA: No
  • Tax ID#: 14-01982-0000-00048
  • Taxes: $4,826.00
  • Tax Year: 2024
Property
Lot Information
  • Apx SqFt: 1666.0
  • Farm: No
  • Acreage: 0.03
  • Lot: 48
  • Lot Dimensions: 13.8 x 100
Property and Assessments
  • Assessment - Total: 126900.0
  • Assessment - Improvements: 62900.0
  • Assessment Status: Assessed
  • Asmnt - Land: 64000.0
  • Farm Assessed: No
  • Possession: At Closing
  • Property Sub-Type: Single Family Residence
Utilities
  • Handicap Access: No
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Flat
  • Exterior: Porch - Covered
Interior Features
  • # Levels: 2
  • Basement: Full, Finished, Walk-Out Access, Heated
  • Bathroom Level: Basement
  • Bedroom Level: Second
  • Den Level: Basement
  • Kitchen Level: Basement, First
  • Living Room Level: First
  • Utility Room Level: Basement
  • Excluded: Personal Belongings
  • Floors: Vinyl Plank
  • Bedrooms: 3
  • Total Baths: 3.0
  • Full Baths: 3.0
  • Half Baths: 0.0
  • # Level 1 - Baths: 1.0
  • # Level 2 - Baths: 1.0
  • # Basement - Baths: 1.0
  • Siding: Brick Veneer, Vinyl
  • Rooms: Bathroom, Utility Room, Separate Apartment, Living Room, Kitchen, Den, Bedroom
Multi Family
Room1
  • Room Description: Bathroom
  • Level1: 0
Room2
  • Room Description: Kitchen
  • Level2: 0
Room3
  • Room Description: Utility Room
  • Level3: 0
Room4
  • Room Description: Den
  • Level4: 0
Room5
  • Room Description: Separate Apartment
Room6
  • Room Description: Living Room
  • Level6: 1
Room7
  • Room Description: Kitchen
  • Level7: 1
Room8
  • Room Description: Living Room
  • Level8: 1
Room9
  • Room Description: Bedroom
  • Level9: 2
Room10
  • Room Description: Bedroom
  • Level10: 2
Room11
  • Room Description: Bedroom
  • Level11: 2

Property History for 79 1/2 Merchant Street

DateEvent & SourcePriceAppreciation
Jan 16, 2026

Listed (Active)

MOMLS #22601497

$499,000
DateEvent & SourcePrice
01/16/2026

Listed (Active)

MOMLS #22601497

$499,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 79 1/2 Merchant Street

Taxable ValueLand$64,000Additions$62,900Total$126,900
Tax Record2024$4,826 ($402 / month)
Home Facts
Beds0Total Finished SqFt1,666 SqFtAbove Grade Finished SqFt1,666 SqFtStories2Lot Size1,381 SqFtStyleSingle Family ResidenceYear Built1887CountyESSEXAPN14 01982-0000-00048

Schools near 79 1/2 Merchant Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - PK to 5
Public - K to 8
Rating
School
Distance
Sir Isaac Newton Elementary School
PublicPK to 3

Michelle Obama Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Wilson Avenue Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

79 1/2 Merchant Street is a single family home for sale in Newark, NJ 07105. This property was listed for sale on January 16, 2026 by Coldwell Banker Realty, it's currently listed at $499,000. This listing's school district is The Newark Public School District. Nearby schools include Sir Isaac Newton Elementary School, Michelle Obama Elementary School and East Ward Elementary School. 79 1/2 Merchant Street is a 3-bed, 3-bath, 1,666 sqft single family home built in 1887.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Joan Marchetta; Coldwell Banker Realty, Colleen Flynn

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/26/2026 08:56 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/26/2026 08:56 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.