48 River Ave, Newton MA 02464
Newton, MA 02464 • Newton Upper Falls
$1,395,000
$1,325,000
Est. $7,620/month
About this home
Rare, fully permitted, shovel ready, 2 luxury townhomes project available on the Charles River in Newton. Located on a tranquildead-end street, the property consists of a single family on a 11,647 SqFt lot, with extensive shoreline, ideal for kayaking andfishing. The plans feature spacious layouts for each unit, including living, dining, and family rooms, three bedrooms and 3.5bathrooms, 3,724Sqft and 3,646Sqft each. Ideally located with quick access to I-95, Route 9, and D line MBTA train, the propertyoffers easy commuting. The plans incorporate ample yard space and off-street parking. Permit details and design drawings areavailable upon request.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5%
Price Range
Property Timeline
Price Reduced
Jul 21, 2026
$1,325,000
$70,000
(-5.02%)
From $1,395,000 to $1,325,000 (-5.0%)
Listed for Sale
Jun 4, 2026
$1,395,000
Original listing
Agent: Johnny Ruiz
Office: Centre Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/21/2026 | ↓ Price Reduced | $1,325,000 | $70,000 | - | From $1,395,000 to $1,325,000 (-5.0%) |
| 06/04/2026 | 🏠 Listed for Sale | $1,395,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,641 | $881,700 |
Financial Details
Annual Property Tax
$8,641
Tax Year 2026
Assessed Value
$881,700
Facts & Features
Home Facts
Type
Land
Style
Residential
Lot Size
0.27 acres
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Utilities
Electric
Other (see Remarks)
Water
Public
Sewer
Public Sewer
Gas
Other (see Remarks)
Other
None
Financial
Annual Tax
$8,641
Assessed Value
$881,700
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Total market time (incl. prior listings)
51 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:
Other
Road Surface:
Parking & Garage
Parking Features:
Special Features
Waterfront:
Yes
Waterfront Type:
Waterfront
Community Amenities:
Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Public School, T-Station, University
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
3 schools
Confidence Connection
0.5 mi
Grades PK-08
Needham Montessori School
0.6 mi
Grades 01-03
A
John Eliot School
0.9 mi
|
#98 of 824
|
Score: 59.5
Dropped 40 spots from last year
+1.3 above state avg
397 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
Middle Schools
3 schools
A+
Oak Hill Middle School
1.8 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
1.9 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+
Pollard Middle School
2.5 mi
|
#10 of 352
|
Score: 63.3
Dropped 6 spots from last year
+5.1 above state avg
867 students
Moderate
Strong Attendance
Grades 07-08
High Schools
3 schools
Fusion Academy
0.6 mi
Grades 06-12
A+
Needham High School
1.7 mi
|
#4 of 346
|
Score: 78.0
Improved 7 spots from last year
+19.8 above state avg
1,633 students
Moderate
20 sports
• 2,794 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Clearway School
1.8 mi
Grades 06-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$720
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
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 Upper Falls
48 River Ave, Newton MA 02464
Newton, MA 02464
Listing Information
Listing Agent
Johnny Ruiz
Listing Office
Centre Realty Group
Office Phone
617-332-0077
Agent MLS ID
CT008718
Office MLS ID
BB5200
Listing Data Updated
Jul 25, 2026 3:05 AM 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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