40 Read St, Newark, NJ 07105
OFF MARKET

$865,600

Trulia Estimate
  • Studio

40 Read St, Newark, NJ 07105

North Ironbound
Est. Refi. Payment $6,167/mo*
Refinance Your Home
Currently Off Market - Sold May 10, 2024 for $895,000

Home Value

Trulia Estimate
$866K
Since last month
Decreased$29K (-3.3%)
Since last year
Decreased$142K (-14.3%)
Since last sale
Decreased$48K (-5.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +8% in the last 10 years
MonthEstimated value
2026
September 2026$847K
August 2026$866K
July 2026$876K
June 2026$877K
May 2026$888K
April 2026$885K
March 2026$873K
February 2026$865K
January 2026$850K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
-
-
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 home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
46 Read St, Newark, NJ 07105
0.01
$675,000
6
4
-
For Sale
31 Read St, Newark, NJ 07105
0.03
$673,350
Studio
-
-
Recently Sold
25 Read St, Newark, NJ 07105
0.04
$732,300
Studio
-
-
Off Market
23 Fillmore St, Newark, NJ 07105
0.06
$599,000
6
3
-
For Sale
30-34 Somme Street, Newark, NJ 07105
0.07
$1,100,000
7
4
-
For Sale
19 Val Sumo Ln, Newark, NJ 07105
0.09
$560,000
4
3
-
Recently Sold
19 Val Sumo Ln #19, Newark, NJ 07105
0.09
$571,800
4
3
-
Off Market
13 Val Sumo Ln, Newark, NJ 07105
0.09
$575,000
3
3
-
Recently Sold
687-689 Market St #2, Newark, NJ 07105
0.10
$691,400
Studio
-
-
Off Market
51 Mott St, Newark, NJ 07105
0.10
$469,700
3
2
-
Off Market
39 Val Sumo Ln, Newark, NJ 07105
0.11
$580,400
5
4
-
Off Market

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

Multi-Family
Built in 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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $865,600, with a rent estimate of $2,629/month.
Last check for updates: about 16 hours ago
Listed by Giancarlo Vargas, (973) 344-8880
Sky Realty Associates
Bought with: Fernanda Gabri Silva
Source: GSMLS, MLS#3882392

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

Price and Tax history

DateEventPrice
Mar 22, 2026
Source: GSMLS #4012494
ListingRemoved
$2,600
Mar 9, 2026
Source: GSMLS #4012494
PriceChange
$2,600
Price decreased by 4%
Mar 4, 2026
Source: GSMLS #4012494
Listed For Rent
$2,700
May 10, 2024
Source: GSMLS #3882392
Sold
$895,000
Apr 2, 2024
Source: GSMLS #3882392
Pending
$895,000

Market trends in Newark

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$479K
$25.42KMoM
Sale-to-List Price
104.3%
0.2%MoM
Price per sq ft
—
Available listings
237
2MoM

Around this home

Neighborhood Overview

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

What Locals Say about North Ironbound

At least 523 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 yards are well-kept

  • 53 % Say kids play outside

  • 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

LGBTQ Local Legal Protections

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.

Frequently asked questions about 40 Read St

  • What is 40 Read St estimated to be worth?
    Trulia's estimated value for 40 Read St in Newark, NJ is $865,600.
  • What is the price history for 40 Read St?
    40 Read St in Newark, NJ last sold for $895,000 in May 2024.
  • Is Newark a buyer's or seller's market?
    Newark is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Newark?
    The median sale price in Newark is $479K. That is down $25.42K from the prior month.

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