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1623-1625 Centre Street, Newton MA 02461

Newton, MA 02461 • Newton Highlands
$2,800,000
Est. $15,264/month
7
Beds
4
Baths
4,214
Sq Ft
$664
Price/Sq Ft
0.17
Acres
1920
Year Built
4 hours 39 minutes
Time on Market
Active Listed Mar 10, 2026 • MLS# 73484472 Copied!

About this home

Rare development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment, particularly when combined with the adjacent property at 1208 Walnut Street (MLS #73471998). Together the two parcels create a rare assemblage opportunity in Newton.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
7
Full Bathrooms
4
Living Area
4,214 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1920
Living Area 4,214 sq ft
Lot Size 0.17 acres
Bedrooms 7
Full Baths 4
Total Rooms 15

Interior

Heating None
Cooling None
Flooring Wood
Appliances None
Fireplace None
Fireplaces 2
Basement Full, Partially Finished
Laundry None
Features Living Room, Laundry Room

Exterior

Construction None
Architecture None
Roof None

Parking

Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,867
Assessed Value $1,108,800

Interior Features

Flooring: Wood
Appliances:
Interior Features: Living Room, Laundry Room
Windows:
Basement: Full, Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: Off Street

Special Features

Fireplaces: 2
Fireplace Type:

Location

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Neighborhood

Newton Highlands

1623-1625 Centre Street, Newton MA 02461

Newton, MA 02461

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $906
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 10, 2026
$2,800,000
Original listing
Agent: Ward Shifman Office: Coldwell Banker Realty - Newton

Price & Status History

Date Event Price Change
Mar 10, 2026 Sold $2,800,000
Mar 10, 2026 New Listing Added $2,800,000
Feb 12, 2026 Sold $2,800,000
Jan 26, 2026 Sold $2,800,000

Market Statistics

Time on Market
4 hours 39 minutes
Price per Sq Ft
$664

Tax History

Year Taxes Assessment
2025 $10,867 $1,108,800

Financial Details

Annual Property Tax
$10,867
Tax Year 2025
Assessed Value
$1,108,800

Listing Information

Listing Agent Ward Shifman
Listing Office Coldwell Banker Realty - Newton
Agent MLS ID BB983294
Office MLS ID AN6227
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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