368 Essex Ave, Gloucester MA 01930

Gloucester, MA 01930 • West Gloucester
$1,499,000
Est. $7,978/month
7
Beds
3
Baths
3,831
Sq Ft
$391
Price/Sq Ft
3.70
Acres
1920
Year Built
3 Family
Type
135
Days on Market
Active Price Drop -$200,000 Listed Sep 26, 2025 • MLS# 73373946

About this home

Investors, developers, and homesteading enthusiasts — take note! Rare opportunity to acquire a 3.7-acre parcel in highly desirable West Gloucester. Includes a spacious three-family home on 2.44 acres plus an additional 1.26-acre lot, sold together. The existing property offers immediate income potential with three units — ideal for multi-generational living or rental income. Beyond investment appeal, this land invites a self-sufficient, homesteading lifestyle: think gardens, chickens, fruit trees, and room to roam — all minutes from town. Zoned R20 with potential for 5 ANR lots (subject to buyer due diligence and approvals), the property also holds significant development potential. Whether you’re creating a private homestead or exploring subdivision opportunities, the possibilities are abundant. Don’t miss this unique chance to own a rare and versatile piece of land in prime Gloucester!

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1920
Bedrooms
7
Full Bathrooms
3
Living Area
3,831 sq ft
Total Rooms
14
Stories
4
Levels
4

Interior Features

Flooring
Tile, Vinyl, Carpet, Concrete, Varies
Has Fireplace
Yes
Number of Fireplaces
1
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior & Structure

Roof
Shingle
Foundation
Slab
Exterior Features
Garden
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
3.70 acres
Lot Size
161,172 sq ft
Lot Size Area
3.7000
Lot Features
Wooded, Additional Land Avail., Sloped
Frontage Length
450 ft
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
5
Parking Features
Shared Driveway, Off Street, Unpaved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails, Conservation Area, Highway Access, Marina, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,065
Tax Year
2024
Tax Assessed Value
$931,700
Parcel Number
M:0229 B:0039 L:0000,1904862
Zoning
R-20

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
368R Essex Ave is zoned R-30. Sellers are asking for a U&O. Unit 1 - tenant occupied - lease until 10/1. Unit 2&3 owner/family occupied. oil heat/hot water unit 1, electric heat/hot water unit 2&3. No photos/ floorplans of unit 2.

Location

Loading map...

Neighborhood

West Gloucester

368 Essex Ave, Gloucester MA 01930

Gloucester, MA 01930

Walkability

Loading Walk Score...

Schools

Elementary School
West Parish
Rating information coming soon
Middle School
O'maley
Rating information coming soon
High School
Ghs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $755
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
May 13, 2025
$1,499,000
Original listing
Office: Churchill Properties

Price & Status History

Date Event Price Change
May 13, 2025 New Listing Added $1,499,000

Market Statistics

Days on Market
135 days
Price per Sq Ft
$391
Total Price Drop
-$200,000

Tax History

Year Taxes Assessment
2024 $9,065 $931,700

Financial Details

Annual Property Tax
$9,065
Tax Year 2024
Assessed Value
$931,700

Listing Information

Listing Agent Antonia Frank
Listing Office Churchill Properties
Agent MLS ID CN223997
Office MLS ID AN4955

Similar Homes

368 Essex Ave, Gloucester MA 01930 - Photo 1 368 Essex Ave, Gloucester MA 01930 - Photo 2 368 Essex Ave, Gloucester MA 01930 - Photo 3 368 Essex Ave, Gloucester MA 01930 - Photo 4 368 Essex Ave, Gloucester MA 01930 - Photo 5 368 Essex Ave, Gloucester MA 01930 - Photo 6 368 Essex Ave, Gloucester MA 01930 - Photo 7 368 Essex Ave, Gloucester MA 01930 - Photo 8 368 Essex Ave, Gloucester MA 01930 - Photo 9 368 Essex Ave, Gloucester MA 01930 - Photo 10 368 Essex Ave, Gloucester MA 01930 - Photo 11 368 Essex Ave, Gloucester MA 01930 - Photo 12 368 Essex Ave, Gloucester MA 01930 - Photo 13 368 Essex Ave, Gloucester MA 01930 - Photo 14 368 Essex Ave, Gloucester MA 01930 - Photo 15 368 Essex Ave, Gloucester MA 01930 - Photo 16 368 Essex Ave, Gloucester MA 01930 - Photo 17 368 Essex Ave, Gloucester MA 01930 - Photo 18 368 Essex Ave, Gloucester MA 01930 - Photo 19 368 Essex Ave, Gloucester MA 01930 - Photo 20 368 Essex Ave, Gloucester MA 01930 - Photo 21 368 Essex Ave, Gloucester MA 01930 - Photo 22 368 Essex Ave, Gloucester MA 01930 - Photo 23 368 Essex Ave, Gloucester MA 01930 - Photo 24 368 Essex Ave, Gloucester MA 01930 - Photo 25 368 Essex Ave, Gloucester MA 01930 - Photo 26 368 Essex Ave, Gloucester MA 01930 - Photo 27 368 Essex Ave, Gloucester MA 01930 - Photo 28 368 Essex Ave, Gloucester MA 01930 - Photo 29 368 Essex Ave, Gloucester MA 01930 - Photo 30 368 Essex Ave, Gloucester MA 01930 - Photo 31

Contact Agent

Schedule a Tour