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About This Home

This 3-bedroom, 3-bathroom townhouse at 79 1/2 Merchant Street in Newark, NJ is listed for $499,000 ($300 per sqft). Built in 1887, the home offers 1,666 sqft of living space on a 0.03 acres lot.

Agent 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

Key Features

  • Built in 1887
  • 0.03 acre lot
  • 2 stories

Property Details

2 stories
3 full
1887

Amenities

A/C

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

79 1/2 Merchant Street

Newark, NJ 07105

Property Details

Flooring

Vinyl

Construction

Brick Veneer

Pool Features

Porch

Parking

Off Street

Heating

BaseboardNatural GasZoned

Cooling

Multi Units

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 79 1/2 Merchant Street is listed at $499,000 ($300/sqft). The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 1887, 0.03 acre lot, 2 stories.

This property is listed by Joan Marchetta and can be reached at 7326711000 or joanemarchetta@gmail.com.

JM

Joan Marchetta

Agent at Coldwell Banker Realty

(732) 671-1000

Listed by Coldwell Banker Realty · View on Broker Site

MLS# 22601497· Source: listhub· Updated 136 days ago

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

79 1/2 Merchant Street, Newark, NJ 07105

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