40 Read St, Newark, NJ 07105 Property Records

Essex County and Newark City property record for 40 Read St, Newark, NJ 07105

Property Summary

Property Type	Exempt (Full or Partial)
Details	3,045 sqft · built 2023
Lot Size	0.039 acres (1,681 sqft)
Owner	2 Individual Names on Record
Last Sale	$895,000 (May 2024)
Tax Bill	$16,702 (2024)
Deeds & Mortgages	May 2024 Sale & Mortgage Jan 2024 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`14-02016-0000-00036`

Property Details

APN / Parcel Number

Primary APN	`14-02016-0000-00036`
Alternative APN	`140201600036`

Interior

Building Area	3,045 sqft

Exterior

Year Built	Built 2023
Effective Year Built	Effective 2023
Lot Area	1,681 sqft (0.039 acres)
Lot Dimensions	67 ft deep x 25 ft wide

Location & Zoning

Old Parcel Number	140201600036
Street Address	40 READ ST
City	NEWARK
State	NJ
Zip	07105
Property Category	Other
Property Type	Other > Exempt (Full or Partial)
Legal Description	25X67.3 AVG. 5 YEAR TAX AGREEMENT
Legal Block	2016
Legal Lot Number	36
Jurisdiction	ESSEX NJ
Township / Civil Division	NEWARK
Census Block Group	1
Census Block	1005
Census Tract	7501

Owner

Source: Essex County and Newark City records, as of July 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	40 READ ST, NEWARK, NJ 07105
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 17, 2024	Deed, Subdivision Related Transfer · Conventional Mortgage MLD MORTGAGE
Jan 12, 2024	Deed, Transfer TSG TITLE AGENCY INC, ATS TITLE AGENCY INC
May 2, 2022	Intrafamily Transfer, Transfer OLD REPUBLIC TITLE
Mar 5, 2021	Deed, Transfer TSG TITLE AGENCY INC, ATS TITLE AGENCY INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 17, 2024 · Amount on Record
Deed Sale	May 17, 2024 · Amount on Record
Prior Sale	Jan 12, 2024 · Amount on Record
Deed Document Number	202428538
Prior Transfer Date	Apr 15, 2022
Prior Transfer Doc	0000043691
Record Updated	Sep 20, 2026

May 2024: Deed, Subdivision Related Transfer

Document Type	Deed
Jurisdiction	ESSEX NJ
Recording Date	May 17, 2024
Property Address	40 READ ST, NEWARK, NJ 07105-3720
Document Number	0000028538
Instrument Date	May 2, 2024
Instrument	2024028538
Transaction Type	Subdivision Related Transfer
Record Updated	Oct 16, 2025
Title Company	PRESTIGE TITLE AGENCY INC

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,237.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	47 BALSAM AVE, EAST HANOVER, NJ 07936-1502

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40 READ ST, NEWARK, NJ 07105-3720

Mortgage

Document Number	0000028540
Date	May 17, 2024
Instrument	2024028540

Lender

Name	MLD MORTGAGE
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jun 1, 2054

January 2024: Deed, Transfer

Document Type	Deed
Jurisdiction	ESSEX NJ
Recording Date	Jan 12, 2024
Property Address	40 READ ST, NEWARK, NJ 07105-3720
Document Number	0000002493
Instrument Date	Jan 5, 2024
Instrument	2024002493
Transaction Type	Transfer
Record Updated	Oct 16, 2025
Title Company	TSG TITLE AGENCY INC, ATS TITLE AGENCY INC

Transaction

Amount	Amount Recorded
Tax	$1,550.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	25 CLIFTON ST, NEWARK, NJ 07114-1527

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	47 BALSAM AVE, EAST HANOVER, NJ 07936-1502

May 2022: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	ESSEX NJ
Recording Date	May 2, 2022
Property Address	40 READ ST, NEWARK, NJ 07105-3720
Document Number	0000043691
Instrument Date	Apr 15, 2022
Instrument	2022043691
Transaction Type	Transfer
Record Updated	Oct 16, 2025
Title Company	OLD REPUBLIC TITLE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	25 CLIFTON ST, NEWARK, NJ 07114-1527

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	25 CLIFTON ST, NEWARK, NJ 07114-1527

March 2021: Deed, Transfer

Document Type	Deed
Jurisdiction	ESSEX NJ
Recording Date	Mar 5, 2021
Property Address	40 READ ST, NEWARK, NJ 07105-3720
Document Number	0000027002
Instrument Date	Sep 21, 2020
Instrument	2021027002
Transaction Type	Transfer
Record Updated	Oct 16, 2025
Title Company	TSG TITLE AGENCY INC, ATS TITLE AGENCY INC

Transaction

Amount	Amount Recorded
Tax	$25.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	33 GATE CT, BURLNGTN CITY, NJ 08016-3034

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40 READ ST, NEWARK, NJ 07105-3720

Tax Assessment & Valuation

Source: Essex County and Newark City assessment roll, as of July 2, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Essex County
Municipality	Newark City
Unified School District	Newark City School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$439,200 (-) Land $62,300 Building $376,900	$439,200 (-) Land $62,300 Building $376,900
2025		$439,200 (+604.98%) Land $62,300 Building $376,900	$439,200 (+604.98%) Land $62,300 Building $376,900
2024	$16,702.00 (+617.75%)
2023		$62,300 (-) Land $62,300	$62,300 (-) Land $62,300
2022	$2,327.00 (+4.4%)	$62,300 Land $62,300	$62,300 Land $62,300
2021	$2,229.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 24, 2020 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	3 (1995–2012)
Most Recent Claim	Oct 2012 · Hurricane Sandy

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NEWARK WATER DEPARTMENT serves 294,274 people · EPA ID NJ0714001
Water Source	Surface water
Last State Inspection	Oct 2024
Lead	4 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Sep 2020 Treatment failure resolved · Sep 2020 Haloacetic acids resolved · Jan 2020
Treatment and Procedure	Corrosion control Jul 2022 Lead public education Mar 2019
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 501 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Fiber · Cable	8,000 / 8,000
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300

May also be available: AT&T, T-Mobile, Xfinity.

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