Ryan Kendall, 21, of Cambridge Street, is alleged to have committed the offence on September 14 this year.
Wellingborough Magistrates Court heard how Kendall’s vehicle was stopped by a police patrol and searched.
Police found six bags of cocaine, £170 in cash, a knife, screwdriver and an iPhone with texts to people who are believed to be drug dealers and users.
A further search of Kendall’s house found bags with traces of cocaine, £180 in cash in his living room and £550 in cash inside a computer game box.
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Kendall was also charged with possessing cannabis after a small amount was found in his car.
He pleaded guilty to possessing the cannabis and was fined £200 and ordered to pay costs of £85 and a victim surcharge of £20.
He entered no plea to the charge of intent to supply cocaine and was granted unconditional bail to appear at Northampton Crown Court on November 24.