48 River Ave, Newton MA 02464

Newton, MA 02464 • Newton Upper Falls
$1,395,000
$1,325,000
Est. $7,620/month
0.27
Acres
81
Days on Market
For Sale Price Drop -$70,000 Listed Jun 4, 2026 • MLS# 73530433 Copied! • Updated Jul 25, 2026

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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

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
Annual Tax $8,641
Assessed Value $881,700
Seller Disclosures None
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
For Sale

Floor Layout

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
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
E

Elementary Schools

10 schools
Solomon Schechter Day School
2.1 mi
Grades K-08
Learning Prep School
2.4 mi
Grades 02-12
Newton Country Day School
3.0 mi
Grades 05-12
Fessenden School
3.2 mi
Grades K-09
Mount Alvernia Academy
3.3 mi
Grades PK-06
Campus School at Boston College
3.3 mi
Grades PK-12
Chestnut Hill School
3.3 mi
Grades PK-06
Dearborn Academy School
3.3 mi
Grades 02-12
Brimmer + May School
3.4 mi
Grades PK-12
Jackson School
3.5 mi
Grades K-06
M

Middle Schools

4 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+
F.A. Day Middle School
3.3 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
A+
Bigelow Middle School
3.7 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
H

High Schools

4 schools
Fusion Academy
0.6 mi
Grades 06-12
Clearway School
1.8 mi
Grades 06-12
A+
Newton South High School
2.0 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
2.5 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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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

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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.

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.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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