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40 Read Street

40 Read Street, Newark, NJ 07105
Property in North Ironbound
1 Units For Sale
Unit for sale at 40 Read St, Newark City, NJ 07105

$895,000

  • 6 Beds
40 Read St, Newark City, NJ 07105 Listing by Giancarlo Vargas

40 Read Street has been categorized by the local assessors in Newark, NJ as a vacant type of property. The linear feet between the front and back of the lot is 673 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 1,681 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40 Read Street was last sold in Jan 5, 2024 for $750,000. Prior to that sales transaction, the property was sold for $10,000 in Sep 21, 2020. Current property owners are expected to pay $2,328 in taxes per year. The property on 40 Read Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $62,300. To break that down further, the land itself was valued at $62,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

Building Features

Parking

Parking Available
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
-00011130
11/30/-0001
Studio
-
-
$799,000
bedrooms
Studio
bathrooms
-
$750,000 -6.13%
01/12/2024
-
EDUARDO VIEGAS
SKY REALTY ASSOCIATES

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,681
  • Lot Size Depth Feet: 673
  • Lot Size Frontage Feet: 250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.039
  • Standard Land Use Code: Vacant land (general)

Ownership

  • Current Owner : JF CONSTRUCTION LLC
  • Previous Owner : 40 READ STREET LLC
  • Owner Before Previous Owner: COSTA ALICE B
  • Owner Before Previous Owner 2: CAMPOS MARIA FRANCISCO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newark City School District
  • Census Tract: 007501

Geography

  • Assessors Map Reference: TAX MAP 54
  • District: 14
  • Parcel: 14 02016-0000-00036
  • Block: 2016
  • Lot: 36
  • Municipality: NEWARK CITY
  • Latitude: 40.7312
  • Longitude: -74.1488

    Address

  • Full Address: 40 Read St
  • Address - House Number: 40
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Newark
  • Carrier Code: C013
  • 4-Digit Zip Code: 3720
  • Zip Code: 07105

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,328

    Market Valuation

  • Market Total Value: $62,300
  • Market Land Value: $62,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,300
  • Assessed Land Value: $62,300

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 12, 2024
  • Current Sale Transaction ID: 11919776584
  • Current Sale Price: $750,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2493
  • Previous Sale Recording Date: Mar 05, 2021
  • Previous Sale Contract Date: Sep 21, 2020
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Deed

About North Ironbound



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Frequently Asked Questions

What neighborhood is 40 Read Street located in?
The 40 Read Street is a located in the neighborhood of North Ironbound in North Ironbound, Newark.
How many listings are currently for sale in 40 Read Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 40 Read Street?
The average sales price for units in 40 Read Street is $895,000 currently.

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