40 Read St
Description
- Listed by GIANCARLO VARGAS • SKY REALTY ASSOCIATES
Property Details for 40 Read Street
Property Details for 40 Read Street
| Status | Sold |
|---|---|
| MLS # | 3882392 |
| Days on Market | 73 |
| Taxes | $2,327 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2023 |
| Lot Size | 0.04 AC / 1,742 SF |
| County | Essex County |
Location
Building Information for 40 Read Street
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$4,537 per month
30 year fixed, 6.11% Interest
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1Property Information for 40 Read Street
- Active Days on Market: 72
- County #: Essex
- Town Name: Newark City
- Block Identifier: 2016
- Listing Type: Exclusive Right to Sell
- Town #: 1614.0
- Street # Display: 40.0
- # Parking Spaces: 0
- County Or Parish: Essex
- Street Name: Read St
- Zip Code: 07105-3720
- Total Units: 2
- Assess Total Tax: *
- Assess Amt Land Tax: *
- Assess Amt Bldg Tax: *
- Block ID Tax: *
- Acres Tax: *
- County Tax: *
- Tax Amount: $2,327
- Street name Tax: *
- Zip Code Tax: *
- Street # Tax: *
- City Tax: *
- Tax Amount Tax: *
- Assessment Total: 62300.0
- Tax ID For Property: 1614-02016-0000-00036-0000-
- Tax Rate Amount: $4
- Tax Rate Tax: *
- Tax Rate Year: 2022
- Tax Year: 2022
- Tax Year Tax: *
- Lot ID Tax: *
- Lot Size Tax: *
- Parking/Driveway Description: See Remarks
- # Garage Spaces: 2
- Garage Description: Built-In Garage
- Lot Description: Level Lot
- Lot Identifier: 36
- Approximate Lot Size: 25X67.3 AVG.
- Total Acres: 0.04
- Construction Date/Year Built: 2023
- Assessment Bldg: 0.0
- Assessment Land: 62300.0
- Cooling: 2 Units, Central Air
- Utilities: Electric, Gas-Natural
- Water: Public Water
- Water Heater: Gas
- Heating: 2 Units, Forced Hot Air
- Fuel Type: Gas-Natural
- Sewer: Public Sewer
- Exterior Description: Stone, Vinyl Siding
- Roof Description: Asphalt Shingle
- Basement: Yes
- Basement Description: Finished
- Easement: No
- Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Smoke Detector
- Unit 1 Baths: 2.0
- Unit 1 Bedrooms: 3
- Unit 1 Fireplaces: 0.0
- Unit 1 Handicap Modified: No
- Unit 1 Levels: 1.0
- Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Unit 1 Rent: 9999.0
- Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
- Unit 1 Rooms: 3.0
- Unit 1 Security Deposit: 9999.0
- Unit 1 Sq Ft: 9999.0
- Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Smoke Detector
- Unit 2 Baths: 2.0
- Unit 2 Bedrooms: 3
- Unit 2 Fireplaces: 0.0
- Unit 2 Handicap Modified: No
- Unit 2 Levels: 2.0
- Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
- Unit 2 Rent: 9999.0
- Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
- Unit 2 Rooms: 3.0
- Unit 2 Security Deposit: 9999.0
- Unit 2 Sq Ft: 9999.0
- Unit Style: 2-Two Story
- Total Operating Expense: $9,999.00
- Net Operating Income: $9,999.00
- Gross Operating Income: $9,999.00
Property History for 40 Read Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 10, 2024 | Sold GSMLS #3882392 | $895,000 | — |
| May 2, 2024 | Sold (Public Record) Public Record #1533964841 | $895,000 | +72.8% / yr |
| Apr 2, 2024 | Under Contract GSMLS #3882392 | — | |
| Jan 20, 2024 | Listed (Active) GSMLS #3882392 | $895,000 | — |
| Jan 12, 2024 | Sold GSMLS #3831169 | $750,000 | — |
| Jan 5, 2024 | Sold (Public Record) Public Record #1526030924 | $750,000 | +271.7% / yr |
| Jan 3, 2024 | Under Contract GSMLS #3831169 | — | |
| Mar 2, 2023 | Listed (Active) GSMLS #3831169 | $799,000 | — |
| Sep 21, 2020 | Sold (Public Record) Public Record #1457221544 | $10,000 | — |
| Sep 21, 2020 | Sold (Public Record) Public Record #695060928 | $10,000 | — |
| Sep 21, 2020 | Sold (Public Record) Public Record #1455243966 | $10,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/10/2024 | Sold GSMLS #3882392 | $895,000 |
| 05/02/2024 | Sold (Public Record) Public Record #1533964841 | $895,000 +72.8% / yr |
| 04/02/2024 | Under Contract GSMLS #3882392 | — |
| 01/20/2024 | Listed (Active) GSMLS #3882392 | $895,000 |
| 01/12/2024 | Sold GSMLS #3831169 | $750,000 |
| 01/05/2024 | Sold (Public Record) Public Record #1526030924 | $750,000 +271.7% / yr |
| 01/03/2024 | Under Contract GSMLS #3831169 | — |
| 03/02/2023 | Listed (Active) GSMLS #3831169 | $799,000 |
| 09/21/2020 | Sold (Public Record) Public Record #1457221544 | $10,000 |
| 09/21/2020 | Sold (Public Record) Public Record #695060928 | $10,000 |
| 09/21/2020 | Sold (Public Record) Public Record #1455243966 | $10,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 40 Read Street
Schools near 40 Read Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | PK to 7 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Sir Isaac Newton Elementary School PublicPK to 5 | ||
Michelle Obama Elementary School PublicPK to 5 | ||
East Ward Elementary School PublicPK to 7 | ||
Harriet Tubman Elementary School PublicPK 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.
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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 SKY REALTY ASSOCIATES, GIANCARLO VARGAS
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: 03/27/2026 05:50 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: 03/27/2026 05:50 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.