For sale

$990,000

5 Northern Blvd, Newbury, MA 01951

6beds

1,810sqft

$6,477/mo

Get pre-qualified

3 Family - 3 Units Side by Side

Built in 1930

-- sqft lot

$907,400 Zestimate^®

$547/sqft

$-- HOA

What's special

Ocean views

**Seller open to "seller-financing" / partnership structures. One of the most compelling redevelopment opportunity available on Plum Island, with the the property offering ocean views just steps to the beach & attractions. Situated on a 6,499sqft lot with 6 off-street parking spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. 2 potential development concepts may include: (1) three luxury 2-bedroom, 1-bath condos with parking & outdoor deck space; or (2) two larger 3-bedroom luxury condos with parking & outdoor deck space. Conceptual plans are available to qualified buyers. Additional development potential and/or expanded FAR (Floor Area Ratio) may be possible through future town permitting/approvals. Buyer to perform all due diligence. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.

97 days
574
11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,810
Total interior livable area: 1,810 sqft
Finished area above ground: 1,810

Property

Parking

Total spaces: 6
Parking features: Off Street
Uncovered spaces: 6

Features

Has view: Yes
View description: Water, Ocean, Public Water View
Has water view: Yes
Water view: Ocean,Public,Water
Waterfront features: Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Lot

Size: 6,499 Square Feet
Features: Cleared, Level

Details

Parcel number: M:0U02 B:0000 L:00196,2081309
Zoning: AR4

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Side by Side

Materials

Foundation: Concrete Perimeter, Slab

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Location

Region: Newbury

Financial & listing details

Price per square foot: $547/sqft
Tax assessed value: $840,400
Annual tax amount: $6,261
Date on market: 7/7/2026
Total actual rent: 0
Road surface type: Paved

Estimated market value

$907,400

$789,000 - $1.03M

$2,800/mo

Price history

Date	Event	Price
6/15/2026	Listed for sale	$990,000-1%$547/sqft
Source: MLS PIN #73535880 Report a problem
5/1/2026	Listing removed	$1,000,000$552/sqft
Source: eXp Realty #73451357 Report a problem
11/5/2025	Listed for sale	$1,000,000+2.6%$552/sqft
Source: MLS PIN #73451357 Report a problem
6/2/2025	Listing removed	$975,000$539/sqft
Source: MLS PIN #73338197 Report a problem
2/25/2025	Listed for sale	$975,000-2.5%$539/sqft
Source: MLS PIN #73338197 Report a problem
10/1/2024	Listing removed	$999,999$552/sqft
Source: MLS PIN #73209972 Report a problem
3/7/2024	Listed for sale	$999,999$552/sqft
Source: MLS PIN #73209972 Report a problem
9/1/2023	Listing removed	$999,999$552/sqft
Source: MLS PIN #73131856 Report a problem
7/5/2023	Listed for sale	$999,999+250.9%$552/sqft
Source: MLS PIN #73131856 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
11/11/2019	Listing removed	$1,500$1/sqft
Source: Owner Report a problem
10/8/2019	Listed for rent	$1,500+7.1%$1/sqft
Source: Owner Report a problem
10/8/2018	Listing removed	$1,400$1/sqft
Source: Owner Report a problem
9/24/2018	Price change	$1,400-3.4%$1/sqft
Source: Owner Report a problem
9/11/2018	Price change	$1,450+16%$1/sqft
Source: Owner Report a problem
8/2/2018	Listed for rent	$1,250+8.7%$1/sqft
Source: Owner Report a problem
1/18/2018	Listing removed	$1,150$1/sqft
Source: Owner Report a problem
10/30/2017	Price change	$1,150-30.3%$1/sqft
Source: Owner Report a problem
9/24/2017	Price change	$1,650-2.9%$1/sqft
Source: Owner Report a problem
8/22/2017	Price change	$1,700-2.9%$1/sqft
Source: Owner Report a problem
7/31/2017	Listed for rent	$1,750$1/sqft
Source: Owner Report a problem
9/3/2013	Sold	$285,000+119.4%$157/sqft
Source: Public Record Report a problem
6/19/2013	Listed for sale	$129,900-61.8%$72/sqft
Source: Homeowners Assistance Program, LLC #71543872 Report a problem
6/13/2003	Sold	$340,000+52.5%$188/sqft
Source: Public Record Report a problem
5/29/2001	Sold	$223,000+106.5%$123/sqft
Source: Public Record Report a problem
5/30/1995	Sold	$108,000+54.3%$60/sqft
Source: Public Record Report a problem
7/1/1993	Sold	$70,000+4.5%$39/sqft
Source: Public Record Report a problem
3/18/1993	Sold	$66,970$37/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,261 +7.5%	$840,400 +10.8%
2024	$5,824 +24%	$758,300 +39.9%
2023	$4,698	$541,900
2022	$4,698 +37.7%	$541,900 +69.2%
2021	$3,413 +12.2%	$320,200 +15.7%
2020	$3,041 +1.7%	$276,700
2019	$2,991 +0.9%	$276,700 +1.8%
2018	$2,964 +2.7%	$271,900
2017	$2,885 -10.4%	$271,900 -3.7%
2016	$3,219 +1.9%	$282,400 +3%
2015	$3,159 -10.4%	$274,200 -12%
2014	$3,527 -0.7%	$311,600
2013	$3,552 +4.3%	$311,600 +1.3%
2012	$3,406 -15.1%	$307,700 -21.9%
2011	$4,013 -3.3%	$394,200 -9.5%
2010	$4,148 +9.9%	$435,700 +5.8%
2009	$3,773 -3.1%	$411,900 -9.4%
2008	$3,894 +3.7%	$454,400 -0.4%
2007	$3,756 +12.6%	$456,400 +20.3%
2006	$3,336 +16.9%	$379,500 +12.4%
2005	$2,854 +12.2%	$337,700 +14.4%
2004	$2,544 -2%	$295,100 +16%
2003	$2,595 +5.5%	$254,400 +8%
2002	$2,459 +56.5%	$235,500 +100.3%
1997	$1,571	$117,600