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48 River Ave, Newton MA 02464

Newton, MA 02464 • Newton Upper Falls
$1,395,000
Est. $7,974/month
0.27
Acres
9 hours 29 minutes
Time on Market
Active Listed May 4, 2026 • MLS# 73512343 Copied!

About this home

Rare, fully permitted, shovel ready, 2 luxury townhomes project available on the Charles River in Newton. Located on a tranquil dead-end street, the property consists of a single family on a 11,647 SqFt lot, with extensive shoreline, ideal for kayaking and fishing. The plans feature spacious layouts for each unit, including living, dining, and family rooms, three bedrooms and 3.5 bathrooms, 3,724Sqft and 3,646Sqft each. Ideally located with quick access to I-95, Route 9, and D line MBTA train, the property offers easy commuting. The plans incorporate ample yard space and off-street parking. Permit details and design drawings are available upon request.

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Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 0.27 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric Other (see Remarks)
Water Public
Sewer Public Sewer
Gas Other (see Remarks)
Other None

Financial

Annual Tax $8,641
Assessed Value $881,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, River
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station

Location

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Neighborhood

Newton Upper Falls

48 River Ave, Newton MA 02464

Newton, MA 02464

Walkability

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Nearby Schools

School District
Newton School District local
A+
School Safety 2024-25
0.3% Low
0.3% Suspensions 0.7% In-School
5.2% below state avg
E

Elementary Schools

10 schools
Solomon Schechter Day School
2.1 mi
Grades K-08
Learning Prep School
2.4 mi
Grades 02-12
Newton Country Day School
3.0 mi
Grades 05-12
Fessenden School
3.2 mi
Grades K-09
Mount Alvernia Academy
3.3 mi
Grades PK-06
Campus School at Boston College
3.3 mi
Grades PK-12
Chestnut Hill School
3.3 mi
Grades PK-06
Dearborn Academy School
3.3 mi
Grades 02-12
Brimmer + May School
3.4 mi
Grades PK-12
Jackson School
3.5 mi
Grades K-06
M

Middle Schools

4 schools
A+
Oak Hill Middle School
1.8 mi | #23 of 352 | Score: 60.8
Improved 14 spots from last year
+2.6 above state avg
649 students Diverse
Diverse Student Body
Grades 06-08
A+
Charles E Brown Middle School
1.9 mi | #2 of 352 | Score: 66.4
Improved 36 spots from last year
+8.2 above state avg
713 students Diverse
Rising School Diverse Student Body
Grades 06-08
A+
F.A. Day Middle School
3.3 mi | #11 of 352 | Score: 63.2
Improved 40 spots from last year
+5 above state avg
860 students Diverse
Rising School Diverse Student Body
Grades 06-08
A+
Bigelow Middle School
3.7 mi | #26 of 352 | Score: 60.6
Improved 44 spots from last year
+2.4 above state avg
434 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

4 schools
Fusion Academy
0.6 mi
Grades 06-12
Clearway School
1.8 mi
Grades 06-12
A+
Newton South High School
2.0 mi | #5 of 346 | Score: 77.9
Improved 20 spots from last year
+19.7 above state avg
1,898 students Diverse
20 sports • 2,730 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
A+
Newton North High School
2.5 mi | #7 of 346 | Score: 76.5
Improved 44 spots from last year
+18.3 above state avg
2,096 students Diverse
20 sports • 3,076 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $720
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 4, 2026
$1,395,000
Original listing
Agent: Johnny Ruiz Office: Centre Realty Group

Price & Status History

Date Event Price Change
May 4, 2026 New Listing Added $1,395,000

Market Statistics

Time on Market
9 hours 29 minutes
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2026 $8,641 $881,700

Financial Details

Annual Property Tax
$8,641
Tax Year 2026
Assessed Value
$881,700

Listing Information

Listing Agent Johnny Ruiz
Listing Office Centre Realty Group
Agent MLS ID CT008718
Office MLS ID AN4832
Listing Data Updated May 4, 2026 5:21 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Newton, MA

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