1623 Centre Street Newton, MA ^$ 2,675,000

1623 Centre Street

^$ 2,675,000

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1623 Centre Street

Newton, MA, 02461

^$ 2,675,000

Studio Baths0.0

Monthly Estimate*

^$ 16,470

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Studio

Lots and Land for sale in Newton, MA

for $2,675,000. The lot size is 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.

Lots and Land Active

Price

^$ 2,675,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 10,867

Style

Level

Lot Size

0.17

Town/City

Newton

County/Region

Middlesex

MLS | Web ID

73492831

List By

Ward Shifman

Listing Agent

Coldwell Banker Realty - Newton

Broker

Affordability Calculator

$17,376

Per Month

Monthly Principal & Interest: $16,470
Monthly Property Taxes: $906
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Lots and land listings in Newton, MA

Average List Price ^$3,773,455

Percent of Sale Price 41%

About Newton, MA

86,108 Population

3% Since 2002

^$130,037 Median Income

41.32 Median Age

34% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
3/27/2026	$2,675,000		Listed Price

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1623 Centre Street, Newton, MA, 02461 is a Lots and Land for sale at $2,675,000 with a lot size of 0.17. 1623 Centre Street is a studio with 0.0 baths. The property's zip code is 02461 which is in Newton, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 3/28/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 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, or as to the accuracy of any of the Images, set forth herein.

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1623 Centre Street

Lots and Land for sale in Newton, MA

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