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$675,000 Just Listed
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Property Description
Welcome to this spacious two-family home located in the highly sought-after Ironbound section of Newark. This well-maintained property offers a total of 6 bedrooms and 4 full bathrooms, making it an excellent opportunity for both owner-occupants and investors. The property provides excellent rental income potential. Conveniently located near schools, parks, shopping, restaurants, Newark Penn Station, Newark Liberty International Airport, and major highways, this home combines comfort, convenience, and investment value in one of Newark's most desirable neighborhoods. Don't miss this exceptional opportunity to own a two-family property in the heart of the Ironbound!
Full Property Details
Full Property Details for 46 Read St
General
- Price: $675,000
- Taxes: $6,354 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4050302
- Updated: 9/3/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Patio, Storage Shed
Location
- County: Essex
- Driving Directions: Market st to Read st
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 25 x 79 AVG.
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $91,400
- Land Assmt: $67,500
- Tax Amount: $6,354
- Tax Year: 2025
Disclosures and Reports
- Block: 2016
- Lot Number: 39
Listed by Rosa Agency
Get Pre-Approved Today
Schools
Schools serving 46 Read St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108 | K-8 | 0.4 mi |
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105 | K-8 | 0.8 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.2 mi |
East Side High School 238 Van Buren Street, Newark, NJ 07105 | 9-12 | 0.7 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 2.1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 2.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 2.3 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 2.5 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 46 Read St
Date
Details
Price
Change
Source
9/03/2026
Listed
$675,000
321.88%
MLS
5/06/2013
Sold
$160,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 46 Read St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,354
7%
$158,900
—
2022
$5,936
—
$158,900
—
2021
$5,933
33%
$158,900
—
2021
$4,473
-25%
$158,900
—
2019
$5,976
2%
$158,900
—
2018
$5,868
4%
$158,900
—
2017
$5,657
3%
$158,900
—
2016
$5,466
4%
$158,900
—
2015
$5,258
7%
$158,900
—
2014
$4,927
—
$158,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 46 Read St
46 Read St, Newark, NJ 07105 (MLS# 4050302) is a Multi-Family property with 2 units containing 6 bedrooms and 4 full bathrooms. 46 Read St is currently listed for $675,000 and was received on September 03, 2026. Want to learn more about 46 Read St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

