1623 Centre Street, Newton MA 02461
Newton, MA 02461 • Newton Highlands
$2,675,000
Est. $14,632/month
About this home
Rare "By-Right" 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. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
May 12, 2026
Active → Active Under Contract
Pending Sale
May 8, 2026
Offer accepted, sale pending
Listed for Sale
Mar 27, 2026
$2,675,000
Original listing
Agent: Ward Shifman
Office: Coldwell Banker Realty - Newton
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/12/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 05/08/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/27/2026 | 🏠 Listed for Sale | $2,675,000 | - | - | Original listing |
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
Facts & Features
Home Facts
Type
Land
Style
Residential
Lot Size
0.17 acres
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Utilities
Electric
On-site
Water
Public
Sewer
Public Sewer
Gas
On-site
Other
None
Financial
Annual Tax
$10,867
Assessed Value
$1,108,800
MA Disclosures
Seller Disclosures
Renderings Are For Marketing Purposes Only; No Representations Are Made. Buyers Should Perform Their Own Due Diligence. Vc2 Zoning Encourages Higher-density Multifamily Near Mbta Train Access. Inquire With Agent Regarding Solar Panel Lease Buyout. Existing Building Built In 1920.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Total market time (incl. prior listings)
47 days
Property Overview
Property Type
Residential
Listing Type
Land
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Newton School District local
A+
School Safety
2024-25
0.3%
Low
0.3%
Suspensions
0.7%
In-School
5.2% below state avg
Elementary Schools
10 schools
Newton Country Day School
1.9 mi
Grades 05-12
Mount Alvernia Academy
2.0 mi
Grades PK-06
Campus School at Boston College
2.1 mi
Grades PK-12
Chestnut Hill School
2.1 mi
Grades PK-06
Solomon Schechter Day School
2.1 mi
Grades K-08
Brimmer + May School
2.2 mi
Grades PK-12
Learning Prep School
2.3 mi
Grades 02-12
Dearborn Academy School
2.4 mi
Grades 02-12
Jackson School
2.5 mi
Grades K-06
Fessenden School
2.7 mi
Grades K-09
Middle Schools
4 schools
A+
Oak Hill Middle School
1.0 mi
|
#23 of 352
|
Score: 60.8
Improved 14 spots from last year
+2.6 above state avg
649 students
Diverse
Diverse Student Body
Grades 06-08
A+
Charles E Brown Middle School
1.1 mi
|
#2 of 352
|
Score: 66.4
Improved 36 spots from last year
+8.2 above state avg
713 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
A+
Bigelow Middle School
2.6 mi
|
#26 of 352
|
Score: 60.6
Improved 44 spots from last year
+2.4 above state avg
434 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
A+
F.A. Day Middle School
2.6 mi
|
#11 of 352
|
Score: 63.2
Improved 40 spots from last year
+5 above state avg
860 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
4 schools
Fusion Academy
1.1 mi
Grades 06-12
Clearway School
2.5 mi
Grades 06-12
A+
Newton South High School
1.0 mi
|
#5 of 346
|
Score: 77.9
Improved 20 spots from last year
+19.7 above state avg
1,898 students
Diverse
20 sports
• 2,730 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
A+
Newton North High School
1.7 mi
|
#7 of 346
|
Score: 76.5
Improved 44 spots from last year
+18.3 above state avg
2,096 students
Diverse
20 sports
• 3,076 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$906
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
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.
Location
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Neighborhood
Newton Highlands
1623 Centre Street, Newton MA 02461
Newton, MA 02461
Listing Information
Listing Agent
Ward Shifman
Listing Office
Coldwell Banker Realty - Newton
Office Phone
617-969-2447
Agent MLS ID
BB983294
Office MLS ID
AN6227
Listing Data Updated
Jul 30, 2026 2:15 PM EDT
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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