5 Northern Blvd
Newbury, MA 01951
6
Bed
3
Bath
1,810Sqft
0.15Acre(Lot)
One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & 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 re zoning, permitting, development potential & future
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Total Bedroom: 6 -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1930 -
Exterior Features
Foundation Details: Concrete Perimeter, Slab -
Road Types
PavedPublic
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Lot Information
Lot Description: Cleared, Level Lot Size Area: 0.15 Lot Size Units: Acres Lot Square Feet: 6,499 Lot Acres: 0.15 Waterfront: Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public) Stories: 3 Main Square Feet: 0.15Property Information
Property Type: Residential Income Sub Type: 3 Family - 3 Units Side by SideSQ ft (Living Area): 1,810
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Listing Price Information
Original Listing Price: $990000
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Tax Information
Parcel Number: M:0U02 B:0000 L:00196,2081309 Annual Tax: $6261
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Parking Information
Parking Total: 6 Off Street
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Elementary School: Newbury ElementJunior High School: TritonSenior High School: Triton
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Location Information
Direction: Plum Island Blvd, turn left on Northern Blvd, property will be the first dwelling on lefthand side.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4 Northern Blvd, Newbury, MA, 01951 | $2,249,000 | 3 | 2 | 2,713 | 2,713 SqFt |
| 32 Plum Island Blvd, Newbury, MA, 01951 | $850,000 | 3 | 2 | 1,274 | 1,274 SqFt |
| 49 Northern Blvd, Newbury, MA, 01951 | $1,740,000 | 5 | 2 | 2,246 | 2,246 SqFt |
| 6 24th St, Newbury, MA, 01951 | $1,800,000 | 4 | 3 | 2,352 | 2,352 SqFt |
| 4 35th St, Newbury, MA, 01951 | $6,299,000 | 3 | 4 | 5,314 | 5,314 SqFt |
| 1 Basin Front Dr, Newbury, MA, 01951 | $975,000 | 2 | 1 | 1,332 | 1,332 SqFt |
| 6 Ivy Lane, Newbury, MA, 01951 | $1,149,000 | 3 | 2 | 1,050 | 1,050 SqFt |
| 58 Riverfront East, Newbury, MA, 01951 | $1,200,000 | 2 | 2 | 950 | 950 SqFt |
| 182 High Rd, Newbury, MA, 01951 | $1,274,900 | 3 | 4 | 3,343 | 3,343 SqFt |
| 105 High Road, Newbury, MA, 01951 | $2,195,000 | 4 | 4 | 3,676 | 3,676 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 11:58
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