848 N Bedford St East Bridgewater, MA 02333
Estimated payment $24,759/month
Highlights
- 64 Acre Lot
- No HOA
- Shops
- Property is near public transit
- Community Pool
- Level Lot
About This Lot
Exceptional development opportunity in East Bridgewater, Massachusetts! This prime property is approved for the construction of 140 multi-family apartments in three flexible phases, offering a strategic investment in the growing housing market. Located just 4 miles from Bridgewater State University, this site is ideally positioned to meet the increasing demand for rental housing from students, faculty, staff and commuters. Location: Close proximity to Bridgewater State University ensures consistent rental demand. Phased Development: Allows for a staged approach to construction and investment. Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater’s real estate market is thriving, with rising home values.10 mins from Commuter Rail
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,999
Year Built
- 1945
Lot Details
- 64 Acre Lot
- Level Lot
- Property is zoned Resi condo
Location
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 1010711
Community Details
Recreation
- Community Pool
- Electricity Available at Street
Additional Features
- No Home Owners Association
- Shops
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,551 | $184,300 | $184,300 | $0 |
| 2023 | $2,663 | $184,300 | $184,300 | $0 |
| 2022 | $2,616 | $167,700 | $167,700 | $0 |
| 2021 | $2,607 | $152,900 | $152,900 | $0 |
| 2020 | $2,436 | $140,900 | $140,900 | $0 |
| 2019 | $2,365 | $134,700 | $134,700 | $0 |
| 2018 | $2,283 | $127,100 | $127,100 | $0 |
| 2017 | $2,218 | $121,200 | $121,200 | $0 |
| 2016 | $2,332 | $128,400 | $128,400 | $0 |
| 2015 | $2,648 | $149,100 | $149,100 | $0 |
| 2014 | $2,536 | $146,000 | $146,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | For Sale | $4,295,000 | +513.6% | -- |
| 09/28/2018 09/28/18 | Sold | $700,000 | -53.3% | $609 / Sq Ft |
| 12/29/2014 12/29/14 | Pending | -- | -- | -- |
| 09/08/2014 09/08/14 | For Sale | $1,500,000 | -- | $1,305 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $275,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,080,000 | No Value Available | |
| Closed | $1,308,800 | No Value Available | |
| Closed | $1,047,000 | No Value Available | |
| Closed | $215,000 | Purchase Money Mortgage | |
| Previous Owner | $200,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73361686
APN: EBRI-000109-000000-000005
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