31 Read St Newark, NJ 07105
North Ironbound NeighborhoodEstimated payment $4,139/month
About This Home
Legal 2 family with great opportunity for improvement. The property has been very well maintained. First floor apartment has 3 bedrooms, 1.5 bathrooms. 2nd floor apartment features 3 bedrooms, plus an office additional room, 1 bathroom. 3rd floor apartment has 1 bedroom room and 1 bathroom. Full finished basement offers additional space for tenants to enjoy with 2 kitchens and a full bath. Tenants all m/m lease terms. Well maintained yard with shed. Owner occupied with much pride in ownership. Buyer will bee responsible for C.O .Showings will be allowed only for prospect buyers with bank pre approval letter. SOLD AS IS. CITY OF NEWARK TAX RECORD STATE THAT IT WAS A 3 FAMILY DWELLING BUT ACCORDING TO NEWARK ZONING DEPARTMENT IT'S A LEGAL 2 FAMILY DWELLING. Higher and Best on 11/6/2025 at 5:00pm
Listing Agent
C-21 SEMIAO AND ASSOCIATES Brokerage Phone: 201-460-8000 Listed on: 10/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,587
Year Built
- Built in 1900 | Remodeled
Parking
- On-Street Parking
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Additional Features
- Basement Fills Entire Space Under The House
- 2,178 Sq Ft Lot
Community Details
- 4,120 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 1614-02012-0000-00019-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,418 | $225,800 | $69,800 | $156,000 |
| 2024 | $8,418 | $225,800 | $69,800 | $156,000 |
| 2022 | $8,436 | $225,800 | $69,800 | $156,000 |
| 2021 | $8,431 | $225,800 | $69,800 | $156,000 |
| 2020 | $8,580 | $225,800 | $69,800 | $156,000 |
| 2019 | $8,492 | $225,800 | $69,800 | $156,000 |
| 2018 | $8,339 | $225,800 | $69,800 | $156,000 |
| 2017 | $8,038 | $225,800 | $69,800 | $156,000 |
| 2016 | $7,768 | $225,800 | $69,800 | $156,000 |
| 2015 | $7,472 | $225,800 | $69,800 | $156,000 |
| 2014 | $7,002 | $225,800 | $69,800 | $156,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | Pending | -- | -- | -- |
| 10/29/2025 10/29/25 | For Sale | $650,000 | -- | $158 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $186,000 | -- | |
| Deed | $186,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Garden State MLS
MLS Number: 3995117
APN: 14-02012-0000-00019
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