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1 Jefferson St Newburyport — Photo 1 of 40

1 Jefferson St Newburyport — Photo 1 of 40

Recent Drop: $100,000

$3,250,000
$3,150,000

$3,150,000

Investment Analysis — 1 Jefferson St

Newburyport, MA 01950 — North End

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01950 carries an estimated $3,080/mo in gross rent — about a 0.34% cap rate and $10,609/yr in estimated NOI at the $3,150,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,293

Style

Single Family

Built

1770

Discover a rare opportunity to own a private 1.3 acre lot on the Merrimack River in the heart of Newburyport's North End. With sweeping views of Carr Island across the river, this property is rich in history as it offers a distinctive 3 bedroom post and beam 1770 Pre-Revolutionary center-chimney home. A private pier provides exceptional waterfront access—an unparalleled amenity in this coveted location. The home is being offered "as-is', presenting an outstanding chance to restore, renovate, or expand to suit your vision. With its blend of privacy, historic charm, and direct riverfront setting, this property represents one of Newburyport’s most remarkable and sought-after opportunities. Artist renderings are conceptual in nature and are intended solely to demonstrate potential future improvements. The offering price is for the existing residence, land, and architectural plans only. Buyer to verify all information and feasibility.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,293 sq ft principal dwelling). Lot size: 56,728 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$3,750,000
Annual Taxes$17,481

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms8
Fireplaces5
FlooringWood, Vinyl, Pine, Other
BasementFull, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer, Other

Building & Exterior

ConstructionFrame
RoofWood
FoundationStone, Brick/Mortar
ZoningSFR Water

Property & Lot

Acres1.3
SqFt Lot56,728
Lot FeaturesGentle Sloping

Amenities & Appliances

Water Heater • Oven • Range • Refrigerator

Neighborhood

Marina • Other

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeBedroom 2Bedroom 3Bathroom 2
First
Living RoomKitchenFamily RoomPrimary BedroomBathroom 1
Living Room
Lvl First

13.5 x 17.8

Kitchen
Lvl First

7.8 x 12.9

Office
Lvl Second

16.2 x 12.3

Family Room
Lvl First

13.5 x 17.8

Flooring - Wood, Crown Molding

Primary Bedroom
Lvl First

10.7 x 12

Bathroom - Full

Bedroom 2
Lvl Second

13.5 x 17.5

Bedroom 3
Lvl Second

13.2 x 17.5

Fireplace, Flooring - Wood

Bathroom 1
Lvl First

7.4 x 5.4

Bathroom 2
Lvl Second

5.2 x 8

Property History

Price Drop
$3,150,000

Was $3,250,000

Jun 7, 2026

MLS® 73459612

Price Drop
$3,250,000

Was $3,500,000

May 2, 2026

MLS® 73459612

Price Drop
$3,500,000

Was $3,750,000

Feb 18, 2026

MLS® 73459612

Listed
$3,750,000

Dec 3, 2025

MLS® 73459612

Listing Provided By

Listing Agent: Eileen Gagnon

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73459612