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Set in the heart of Auburndale Village, 283 Melrose Ave offers approximately 43,783 ± sq ft of VC2-zoned land steps to village shops and a short distance to the Commuter Rail. The newly created VC2 district is designed to encourage housing and mixed-use density in Newton’s village centers - making this one of the rare, well-located sites positioned to capitalize on that vision. The property presents multiple paths for value creation, including the potential to sub-divide the lot and pursue multiple buildings up to 3.5 stories with tight setbacks. With two existing condemned structures on site, the offering is being marketed as land for redevelopment. This is a unique opportunity to deliver much-needed residential or mixed-use product in a walkable, transit-served location - an ideal canvas for modern village-center living. More details are available.
General Information for 283 Melrose Street Newton, MA 02466 |
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| Town | Newton |
| Village | Auburndale |
| County | Middlesex |
| Stories | 0 |
| SQFT | 100 |
| Status | Available |
| Listing Number | 73451393 (MLSPIN) |
Rooms Information for 283 Melrose Street Newton, MA 02466 |
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Interior Information for 283 Melrose Street Newton, MA 02466 |
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| Basement | Full |
Exterior Information for 283 Melrose Street Newton, MA 02466 |
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| Lot Size | 1.01 acres |
| Lot Description | Corner Lot Easements Zero Lot Line Level |
| Parking | Paved Drive |
| Lot | Corner Lot Easements Zero Lot Line Level |
| Water | Public |
| Sewer | Public Sewer |
Neighborhood Information for 283 Melrose Street Newton, MA 02466 |
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| Neighborhood Amenities | Public Transportation Shopping Pool Tennis Court(s) Park Walk/Jog Trails Golf Medical Facility Bike Path Conservation Area Highway Access House of Worship Marina Private School Public School T-Station University |
Schools information for 283 Melrose Street Newton, MA 02466 |
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| Elementary | Williams |
| Middle | Brown |
| High | South |
| General Area Public, Private School and College Information | |
Miscellaneous Information for 283 Melrose Street Newton, MA 02466 |
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| Year Built | 2020 |
| Association Fee | 0 |
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| Condo | Data |
|---|---|
| Units | 6,167 |
| Avg Price | $929,541 |
| Avg Days Listed | 110 |
| Total New Listings | 1 |
| House | Data |
|---|---|
| Units | 10,540 |
| Avg Price | $1,207,827 |
| Avg Days Listed | 96 |
| Total New Listings | 3 |
| Multi-Family | Data |
|---|---|
| Units | 2,072 |
| Avg Price | $1,337,952 |
| Avg Days Listed | 115 |
| Total New Listings | 1 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
(AN6227/BB983294)
