5 Northern Blvd, Newbury MA 01951
Newbury, MA 01951 • Plum Island
$990,000
Est. $5,728/month
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About this home
**Seller open to "seller-financing" / partnership structures. One of the most compelling redevelopment opportunity available on Plum Island, with the the property offering ocean views just steps to the beach & 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. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.
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Property History
Property Timeline
Listed for Sale
Jun 15, 2026
$990,000
Original listing
Agent: The Bakhtiari Group
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/15/2026 | 🏠 Listed for Sale | $990,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,261 | $840,400 |
Financial Details
Annual Property Tax
$6,261
Tax Year 2025
Assessed Value
$840,400
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Side by Side
Year Built
1930
Living Area
1,810 sq ft
Lot Size
0.15 acres
Bedrooms
6
Full Baths
3
Total Rooms
9
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,261
Assessed Value
$840,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Sellers Flood Insurance Is $1, 182/year. Buyer To Assume Sellers Betterment Balance ($10, 401 As Of June 2026). Seller/sellers Agent Make No Representations Or Warranties. Buyer To Do Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
Buyer to do own due diligence
Documents
None
County
Essex
Total market time (incl. prior listings)
35 days
Property Overview
Property Type
3 Family - 3 Units Side by Side
Listing Type
For Sale
Year Built
1930
Bedrooms
6
Full Bathrooms
3
Living Area
1,810 sq ft
Total Rooms
9
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,810 sq ft above grade
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
Year Built:
1930
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter, Slab
Stories:
3
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:
Cleared, Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Off Street
Nearby Schools
School District
Triton School District local
B-
School Safety
2024-25
1.3%
Average
1.3%
Suspensions
0.7%
In-School
4.2% below state avg
Elementary Schools
3 schools
B+
Newbury Elementary School
3.2 mi
|
#280 of 824
|
Score: 51.4
Dropped 145 spots from last year
-6.8 below state avg
424 students
Less Diverse
Grades PK-06
Newburyport Montessori School
3.2 mi
Grades PK-K
Immaculate Conception School
3.4 mi
Grades K-08
Middle Schools
1 school
A
Rupert A Nock Middle School
4.0 mi
|
#59 of 352
|
Score: 55.1
Improved 46 spots from last year
-3.1 below state avg
470 students
Less Diverse
Rising School
Grades 06-08
High Schools
1 school
A
Newburyport High School
4.0 mi
|
#48 of 346
|
Score: 67.5
Improved 17 spots from last year
+9.3 above state avg
743 students
Less Diverse
18 sports
• 1,722 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$522
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
$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
Plum Island
5 Northern Blvd, Newbury MA 01951
Newbury, MA 01951
Listing Information
Listing Agent
The Bakhtiari Group
Listing Office
Compass
Office Phone
978-248-8081
Agent MLS ID
TM356376
Office MLS ID
AN7000
Listing Data Updated
Jul 20, 2026 12:15 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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