40 Read St, Newark, NJ 07105
OFF MARKET

40 Read St
Newark, NJ 07105

North Ironbound
  • Studio

$901,200

Trulia Estimate
as of Jul 27, 2026
Est. Refi. Payment $6,235/mo*
Refinance Your Home

$901,200

Trulia Estimate
as of Jul 27, 2026
Est. Refi. Payment $6,235/mo*
Refinance Your Home
Studio

Local Information

  • Map ViewExplore the area around 40 Read St.
  • Schools1 Elementary School1 Middle School7 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
2023

About this House

This multi-family home is located at 40 Read St, Newark, NJ. 40 Read St is in the North Ironbound neighborhood in Newark, NJ and in ZIP code 07105. This property has a lot size of 1742 sqft and was built in 2023.
40 Read St, Newark, NJ 07105 is a studio multi-family in North Ironbound, built in 2023. It last sold for the $895,000 asking price on May 10, 2024. More recently, it was listed as a rental in March 2026 with an asking price of $2,700 per month. That rental listing was removed on March 22, 2026. It is currently off market. The Trulia Estimate is $901,200, with a rent estimate of $2,639/month.

Home Details for 40 Read St

Active Status

MLS Status: Closed

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $895,000

Location

Direction & Address
City: Newark City

Lot Information

Lot Area: 1742.4 sqft

Miscellaneous

Mls Number: 3882392Attribution Contact: 973-344-8880
Last check for updates: about 20 hours ago
Listed by Giancarlo Vargas, (973) 344-8880
Sky Realty Associates
Bought with: Fernanda Gabri Silva
Source: GSMLS, MLS#3882392

Price History for 40 Read St

DatePriceEventSource
03/22/2026$2,600ListingRemovedGSMLS #4012494
03/09/2026$2,600PriceChange
GSMLS #4012494
03/04/2026$2,700Listed For RentGSMLS #4012494
05/10/2024$895,000Sold
GSMLS #3882392
04/02/2024$895,000PendingGSMLS #3882392
01/21/2024$895,000Listed For SaleGSMLS #3882392
01/12/2024$750,000Sold
GSMLS #3831169
04/06/2023$799,000PendingGSMLS #3831169
03/02/2023$799,000Listed For SaleGSMLS #3831169
03/05/2021$10,000Sold
N/A

Market trends in Newark

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$475K
$23.67KMoM
Sale-to-List Price
103.3%
1.6%MoM
Price per sq ft
—
Available listings
233
8MoM
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Property Tax and Assessment

Year2025
Tax$17,564
Assessment$439,200
Home facts updated by county records

Comparable Sales for 40 Read St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
31 Read St, Newark, NJ
0.03
Multi-Family Home
$673,350
01/28/26
-
-
45 Fleming Ave, Newark, NJ
0.16
Multi-Family Home
$899,900
05/07/26
-
-
4 Saint Francis St, Newark, NJ
0.16
Multi-Family Home
$955,000
01/30/26
-
-
22 Saint Francis St, Newark, NJ
0.19
Multi-Family Home
$1,175,000
11/28/25
-
-
68 Main St, Newark, NJ
0.30
Multi-Family Home
$1,100,000
12/15/25
-
-
59 Saint Francis St, Newark, NJ
0.29
Multi-Family Home
$675,000
02/05/26
-
-
58 Van Buren St, Newark, NJ
0.33
Multi-Family Home
$640,000
03/31/26
-
-
46 Magazine St, Newark, NJ
0.24
Multi-Family Home
$488,024
09/30/25
-
-
74 Christie St, Newark, NJ
0.33
Multi-Family Home
$765,000
12/05/25
-
-

Nearby homes

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Assigned Schools

These are the assigned schools for 40 Read St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

North Ironbound
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about North Ironbound

At least 522 Trulia users voted on each feature.

  • 78 % Say there are sidewalks

  • 78 % Say it's walkable to restaurants

  • 77 % Say it's walkable to grocery stores

  • 72 % Say it's dog friendly

  • 60 % Say streets are well-lit

  • 57 % Say there's holiday spirit

  • 53 % Say kids play outside

  • 52 % Say yards are well-kept

  • 51 % Say car is needed

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say neighbors are friendly

  • 43 % Say people would walk alone at night

  • 42 % Say there are community events

  • 41 % Say it's quiet

  • 32 % Say there's wildlife

  • 31 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Elvita Battles
    "Easy I live 10 minutes from my job . But afternoon traffic is brutal I hate it and people from NJ can drive !!!! But hey it’s Jersey make the best of any situation you have to living here lol . If you from Jersey you know specifically Newark."
    1
    Flag
  • Sharrifah Jefferson
    "There are really decent schools in area friendly neighborhood and it a beautiful community to allow ur children to grow up"
    0
    Flag
  • Andres.franco1761
    "There are not too many places for dogs to play and to go relieve themselves other than the pathways "
    0
    Flag
  • Amanda Bush
    "They like having sidewalks and don’t like all te traffic. Would not like how much trash is on the street"
    0
    Flag
  • Bernicealvarado75
    "I have great access to all public transportation. I feel relatively safe when I get home especially now that there are a multiple police outside of Penn Station. "
    0
    Flag
  • Hugo Segovia
    "I work in New York City and commuting is very wasn’t and convenient. I can get home within 20 or 30 minutes from World Trade Center. "
    0
    Flag
  • Josiasfrancois926
    "They have to clean up after their dogs at all given time and they may not like the fines and penalties that come with breaking the rules and regulations."
    0
    Flag
  • Trulia User
    "Sense of family and community. Multigenerational and multicultural. Diverse and great dining. Central and well connected to transportation. "
    1
    Flag
  • Trulia User
    "great community and peaceful area , great access to everything including pen station , great restaurants and food supermarket "
    0
    Flag
  • Trulia User
    "Great parks, excellent restaurants. Friendly people. Close public transportation. It is Pet friendly. "
    1
    Flag
  • Trulia User
    " Resturant’s and easy commute to nyc with path and nj transit close by. Up and coming for sure lots of new development"
    5
    Flag
  • Alana P.
    "I have lived in the Irobound around thirty seven years. The place has changed. It is very congested with cars. New buildings are going up so in year's to come the congestion will be far greater. Parking is an absolute nightmare."
    7
    Flag
  • Trulia User
    "I lived in this neighborhood for a couple years its an okay neighborhood if you're Portuguese or brazilian."
    1
    Flag
  • Trulia User
    "the restaurants, nightlife,stores everywhere,park around the corner,schools are up the street,Bodega on every corner,prudential center is 1 mile away,njpac is 1.5 miles away "
    1
    Flag
  • Trulia User
    "I lived here all my life since 1994. In the same house. Everything is walking distance and it’s a great area to live and socialize with so many restaurants nearby. "
    0
    Flag
  • Trulia User
    "Always a lot of heavy traffic in the area. Even to get to one end of town to the other. The congestions makes it very hard to maneuver through town."
    0
    Flag
  • Trulia User
    "Great neighborhood with great restaurants. People are friendly and it is very close to New York City."
    0
    Flag
  • Trulia User
    "This neighborhood is a good neighborhood for children. Clean and safe with numerous parks in the area to keep your kids busy. "
    0
    Flag
  • Trulia User
    "I’ve been here for over 10 years. Very convenient for New York commuters. Great restaurants in the area."
    0
    Flag
  • Trulia User
    "Penn station is in walking distance easy access to busses, trains and taxis. 5 min from Newark airport. "
    0
    Flag
  • Trulia User
    "the good things living in newark is because everything is near. you dont need a car mostly of the time"
    0
    Flag
  • Trulia User
    "There are many families, there are great parks, restaurants, 3 blocks away from pen station and prudential center. Very good grammar school 1/2 block away and good public high school."
    0
    Flag
  • Trulia User
    "Horrible a lot of traffic and roads are full of pot holes , all the taxes that we pay and they can’t even fix simple things as pot holes. "
    0
    Flag
  • Nelson T.
    "Parking is the worst part of living in the Ironbound. Great restaurants and location. Some city services are awful like garbage pick up but improving. "
    6
    Flag
  • Anthony C.
    "there are a lot of dogs, many are friendly but can be a bit noisy. Overall the owners pick after them."
    2
    Flag
  • Kittykreole
    "Lots of bars and restaurants in the neighborhood. Which means a higher rate of car accidents, possibly due to alcohol consumption. But it’s one of the safest areas in Newark in terms of homicide, gang activity, gun violence, etc. "
    10
    Flag
  • Manuel A.
    "My neighborhood has amazing public transportation to go anywhere you want at any time of the day or night "
    2
    Flag
  • Dyeanne1967
    "The variety of restaurants , bakeries, and bars, parks are clean, only downfall Parking is horrible. "
    10
    Flag
  • Jaimie M.
    "Ironbound is a good area to live with lots of stores and many different types of food as in restaurants bar and night life. "
    3
    Flag
  • Bby G.
    "Most people that own dogs complain about tiger owners, although in this neighborhood they are the ones that don’t pick after their dogs."
    0
    Flag
  • Anthony L.
    "Lots of places to eat and the people are nice. I feel safe walking the streets during the daytime "
    7
    Flag
  • Dr. S. M.
    "open spaces and parks are not hard to find. a walkers dream. great location VERY near transit. "
    0
    Flag
  • Bruna D. S. F.
    "Too many trash on the streets and chicken bones. If your dog uses to pick up bones from the street, you’re get stressed out just like me."
    0
    Flag
  • Rodriguezkarina
    "There are many places to visit with the family in our neighborhood. Severals parks for the kids to enjoy"
    0
    Flag
  • Caroline C.
    "The sense of community, the proximity to everything, from shops to restaurants to the major highways, Ironbound is up and coming! And I LOVE It here "
    0
    Flag

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Homes for sale near 40 Read St

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Off Market Homes Near 40 Read St

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The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.