3 months on rocket

Sale Pending

40 Read St, Newark City, NJ, 07105

$895,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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40 Read St, Newark$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingSee Remarks, Built-In Garage
Garage2 spaces
Year Built2023
HeatingMulti Unit(s), Forced Air, Natural Gas
CoolingMulti Unit(s), Central Air
BasementYes
MLS #3882392
Lot Size0.04 Acres
StatusSale Pending
(Under Contract)

About 40 Read St

Beautiful brand new 2 family house with 3 bedrooms, 2 bathrooms per apartment with granite countertop plus finished basement. Easy to get access to the property. Thanks

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story
  • Year Built: 2023

Listing Office:

  • Office Name: SKY REALTY ASSOCIATES
  • Office Phone: (973) 344-8880

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: See Remarks, Built-In Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Forced Air, Natural Gas
  • Cooling: Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • East Side High School, Public District Grades 9-12
  • Technology High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Wilson Avenue Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. List Price

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

40 Read St vs Newark

95 DAYS ON ROCKET

-2 Days

$895,000

+$445K More

KEY TAKEAWAY

This property is $445K more than the Median List Price in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3882392

Listing Office:

  • Office Name: SKY REALTY ASSOCIATES
  • Office Phone: (973) 344-8880

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: 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 an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein 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.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$4,534

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2740927
5
/10

  • Wilson Avenue Elementary School

  • 19 Wilson Ave

  • 0.39 miles

  • Public District Grades PK-8

High School

school-card-donut-2740928
2
/10

  • East Side High School

  • 238 Van Buren St

  • 0.70 miles

  • Public District Grades 9-12

school-card-donut-2740929
8
/10

  • Technology High School

  • 223 Broadway

  • 2.08 miles

  • Public District Grades 9-12

school-card-donut-2740930
1
/10

  • Central High School

  • 250 18th Ave

  • 2.25 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,030. Residents of Newark, NJ typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07105›40 Read St

This home is located at 40 Read St in Newark City, NJ and zip code 07105 in the East Ward neighborhood. This home, which was built in 2023, sits on a 0.04 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $895,000.

The inventory of homes for sale in Newark, NJ between February 2024 and March 2024 increased by 31.1%. In March 2024 median list price was $449,995 and the average listing age was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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