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5 Northern BlvdNewbury, MA 01951

For Sale

$990,000

Smart Buyer Rebate $4,950

One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & 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. Two potential development concepts (with town approvals) may include: (1) three luxury 2-bedroom, 1-bath condos with ~600sqft of heated living space, two-car parking & ~475sqft of outdoor deck space; or (2) two larger luxury condos with ~900sqft of heated living space, 2-car parking & ~750 sqft. of outdoor deck space. Conceptual plans available upon request to qualified buyers. Buyer to perform all due diligence re zoning, permitting, redevelopment potential & future use. 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.

Listed by Sean Bakhtiari

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Compass

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603-560-5357

Listed by The Bakhtiari Group

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Compass

Last updated June 15, 2026

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Source: MLSPin #73535880

Listing Facts

  • TypeMulti-family
  • NeighborhoodPlum Island
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu1
  • Taxes$6,261/year
  • Size1,810 sqft
  • Price per sqft$547

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/15/2026
Listed by Compass
$990,000

Property Details for 5 Northern Blvd

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1930
  • Year Built Details: Approximate

Features

  • Road Frontage Type: Public
  • Waterfront Features: Ocean, Direct Access, Walk To, 0 To 1/10 Mile To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 1,810
  • Building Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,499
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0U02 B:0000 L:00196,2081309
  • Tax Annual Amount: $6,261.00
  • Tax Assessed Value: $840,400.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 1,810
  • Living Area Source: Other

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 9

Parking

Parking

  • Open Parking Spaces: 6
  • Parking Features: Off Street
  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Newbury Element

High School

  • High School: Triton

Middle or Junior School

  • Middle Or Junior School: Triton

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 5 Northern Blvd.

What schools are nearby to 5 Northern Blvd?

Nearby schools include the Newbury Element Elementary School, Triton Middle School, and Triton High School.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 5 Northern Blvd.

What are the annual taxes for 5 Northern Blvd?

Annual taxes for this multi-family home are estimated at $6,261.

How does 5 Northern Blvd compare to other multi-family homes in Plum Island?

This multi-family home is listed 20% below the average price for multi-family homes in Plum Island and has been on the market for 120 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,810 sqft.

5 Northern Blvd is a 6-bedroom, 3-bath multi-family home for sale in Newbury MA 01951. Available on Prevu for 1 days at $990,000. This property features 1,810 square feet of living space, located in Plum Island. The median listing price for multi-family homes in this area is $1,499,000. Nearby schools include Newbury Element Elementary School, Triton Middle School, and Triton High School. Property amenities include parking. Browse more multi-family home listings in Essex County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.