Essex County  »  07105  »  Read St  »  40 Read St

40 Read Street, Newark, NJ 07105 - Property report

Also known as: 40 Read St

Property image for 40 Read Street, Newark, NJ 07105
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Property type

Other Exempt Properties (15F)

Year built

2023

Acreage

0.039

Sale price

$1

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
40 Read Street
ZIP code
07105
County
Essex
Block
2016
Lot
36
Neighborhood
North Ironbound
Municipality
714
Parcel ID
2016-36

Owner

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Sales
Sale date
03/22/2022
Sale price
$1
Arm's length
Tax
Tax year
2026
Building
Property type
Other Exempt Properties (15F)
Building sq. ft.
3,045
Year built
2023
Exterior structural material
Lot
Acreage
0.039
Zoning & Use
Zoning

Area overview

Walk score
91 /100.  Walker's Paradise
Transit score
72 /100.  Excellent Transit
Bike score
67 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 40 Read Street, Newark, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 40 Read Street, Newark, NJ 07105

Sale date Sale price Buyer name Seller name
03/22/2022 $1 XX XXXX XXXXXX XXX XX XXXX XXXXXX XXX; XX XXXXX XXXXXXXX

*Most recent sale on record for this property.

More about Essex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
11/19/2025 - R Mortgage XXX XXXXX XXX XXXXXXXX XXX
05/17/2024 - R Deed and Realty Tax Fees X.X. XXXXXXXXXXXX XXX XXX XXXXX
01/12/2024 - R
01/11/2024 - D
New Construction Deed XX XXXX XXXXXX XXX X.X. XXXXXXXXXXXX XXX
05/02/2022 - R
03/22/2022 - D
Deed and Realty Tax Fees XX XXXX XXXXXX XXX XX XXXX XXXXXX XXX
03/05/2021 - R Deed and Realty Tax Fees XXXXXX XXXXX XXXXXXXXX XX XXXX XXXXXX XXX
02/07/1974 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 40 Read Street, Newark, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$17,564
Recent tax assessments
Market value
$439,200
Land value
$62,300
Building value
$376,900

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $439,200 $439,200 3.999 $17,564 +641.31%
2024 $62,300 $62,300 3.803 $2,369 +2.01%
2023 $62,300 $62,300 3.728 $2,323 -0.21%
2022 $62,300 $62,300 3.736 $2,328 +0.05%
2021 $62,300 $62,300 3.734 $2,326 -1.74%
2020 $62,300 $62,300 3.8 $2,367 +1.04%
2019 $62,300 $62,300 3.761 $2,343 +1.84%
2018 $62,300 $62,300 3.693 $2,301 +3.74%
2017 $62,300 $62,300 3.56 $2,218 +3.49%
2016 $62,300 $62,300 3.44 $2,143 +3.96%

Permit information for 40 Read Street, Newark, NJ

No recently recorded permits for this property.

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 40 Read Street, Newark, NJ 07105 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Alpha and Omega NR Private PK-11 56 0.04
Alpha and Omega NR Private PK-11 56 0.04
Wilson Avenue Elementary School 6 Public K-8 1,099 0.37
Hawkins Street Elementary School 2 Public K-8 726 0.46
Ann Street Elementary School 5 Public K-8 1,200 0.66
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.77
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.77
Ironbound Academy Elementary School NR Public K-4 190 0.77
East Ward Elementary School 1 Public PK, K-5 666 1.06
East Ward Elementary School 1 Public PK, K-5 666 1.06
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Alpha and Omega NR Private PK-11 56 0.04
Wilson Avenue Elementary School 6 Public K-8 1,099 0.37
Hawkins Street Elementary School 2 Public K-8 726 0.46
Ann Street Elementary School 5 Public K-8 1,200 0.66
Lafayette Street Elementary School 6 Public PK, K-8 1,180 0.77
Gray Charter School 9 Charter K-8 344 1.07
East Newark Middle School NR Public 6-8 73 1.08
Washington No. 1 Middle School 5 Public 6-8 494 1.15
Team Academy Charter School 5 Charter K-12 6,096 1.17
Oliver Street Elementary School 6 Public PK, K-8 1,045 1.18
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Alpha and Omega NR Private PK-11 56 0.04
East Side High School 2 Public 9-12 2,255 0.72
Team Academy Charter School 5 Charter K-12 6,096 1.17
Harrison High School 3 Public 9-12 716 1.29
North Star Academy Charter School of Newark 6 Charter K-12 6,352 1.30
Alif Muhammad's Nia School NR Private 8-12 116 1.31
Great Oaks Charter School 4 Charter PK, K-12 2,012 1.34
The Mesivta of North Jersey NR Private 9-12 0 1.38
St. James Preparatory School NR Private 8-12 0 1.64
St. Benedict's Preparatory School NR Private K-12 749 1.65

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 40 Read Street, Newark, NJ 07105?

The development at 40 Read Street, Newark, NJ 07105 was built in 2023.

What is the total square footage of 40 Read Street, Newark, NJ 07105?

40 Read Street, Newark, NJ 07105 has a total of 3,045 square feet.

When was 40 Read Street, Newark, NJ 07105 last sold and what was the sale price?

40 Read Street, Newark, NJ 07105 was last sold on 03/22/2022 for $1.

What is the assessed value of 40 Read Street, Newark, NJ 07105?

40 Read Street, Newark, NJ 07105 is currently assessed at $439,200.

What are the property taxes for 40 Read Street, Newark, NJ 07105?

The property taxes for 40 Read Street, Newark, NJ 07105 total $17,563.

Disclaimer

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