Primary listing photo
Listing photo 2
Listing photo 3

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

3beds
3baths
1,666sqft
$499,000
$300price/sqft
$3,877/moest. monthly cost
$155,080/yrincome needed

About This Home

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

Getting Around

98
WalkingWalker's Paradise
80
TransitExcellent Transit
67
BikeBikeable

Schools

2/10
East Side High SchoolGrades 9-120.2 mi
1/10
Central High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1887

Materials

  • Roof: Flat
  • Construction materials: Brick Veneer

Type & Style

  • Home type: MultiFamily
  • Property subType: Single Family Residence,Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Heated,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Natural Gas,Baseboard,2 Zoned Heat
  • Cooling features: Multi Units

Interior Area

  • Total structure area: 1,666
  • Total interior livable area: 1,666 sqft

Property

Details

  • Parcel number: 1401982000000048
  • Zoning description: Residential, Single Family
  • Exclusions: Personal Belongings

Features

  • Stories: 2

Lot

  • Lot size: 1,306 sqft
  • Lot size dimensions: 13.8 x 100

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1