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Pending

1623 Centre Street, Newton MA 02461

$2,675,000

Estimated $17,388/month Calculator

Land

Residential

7,477 (0.17)

Rare "By-Right" development opportunity in the heart of Newton Highlands Village, just steps to shops, restaurants, and the MBTA Green Line. The property sits on over 7,400 sq ft of land within Newton’s newly adopted VC2 Village Center zoning district, which encourages higher-density village housing with reduced setbacks, increased lot coverage, and building heights of up to approximately 3.5 stories.This property is being offered primarily as a development opportunity, with zoning that allows multifamily housing by right without the need for a special permit, making it a rare and highly attractive project for builders and developers. While the existing three-family home offers charm, including a spacious first-floor unit with four bedrooms and two baths plus two additional units above, the highest and best use may be redevelopment. The rendering shows four townhomes, however a small elevator building is also a possible and allowed scenario.

This home has been viewed 8 times

Last Checked: July 2nd, 2026 at 8:53am (Source: MLS PIN #73492831)

General Information for 1623 Centre Street, Newton MA 02461

Listing ID73492831

Price2675000

Land TypeResidential

Approx AcresApprox. 0.17 acres (7,477 SqFt)

Number of Lots

Road Frontage Type

ZoningMR2/VC2

Electric220 Volts

GasOn-Site

WaterPublic

SewerPublic Sewer

PERC Test

Association Required

Association Fee

Lot FeaturesGentle Sloping

Waterfront0

Waterfront FeaturesRiver

View

Disclosures for 1623 Centre Street, Newton MA 02461

Special Listing Conditions

Financial Information for 1623 Centre Street, Newton MA 02461

Association Fee

Tax10867

Tax Year2025

Assessed Value$1,108,800

Contact Information for 1623 Centre Street, Newton MA 02461

Agent

Name: Ward Shifman

Office

Name: Coldwell Banker Realty - Newton

Phone: 617-969-2447

Team Members

Name: Todd Glaskin

Name: Alison Haran

Payment Calculator

, Interest

Property Taxes 905.58

Principal & Interest 16482.5

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Newton

Ward Shifman

Agent Phone

Office Phone

(617) 969-2447

Text Agent Call Agent Call Office

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EXIT

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