new - 3 days on rocket

242 Merrimac St Unit 3, Newburyport, MA, 01950

$599,000

Home List Price

$7,113*

Closing Credit

2 Bedrooms
1 Full Bath
1,143 SqFt
$524/SqFt
Condo

Location

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242 Merrimac St Unit 3, Newburyport$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street
Year Built1880
HeatingSteam, Natural Gas
CoolingWindow Unit(s)
WaterfrontBeach
MLS #73322823
StatusActive
(New)

About 242 Merrimac St Unit 3

Check out this beautiful penthouse condo overlooking the Merrimac River, Cashman Park is next to your back yard and a quick walk downtown to one of the many restaurants and shop's. This 2 bedroom unit has beautiful wide pine floors throughout, exposed beams, vaulted ceilings and nicely update kitchen with island seating, an updated bath and in unit laundry, lots of storage and basement storage for larger items. 2 deeded spots and extra off street parking, a large yard for gathering with friends for a fire pit after a nice evening downtown! Start the New Year off right Open House Sat -Sun 11:30-1:00

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Living Area: 1,143 SqFt

Listing Office:

  • Office Name: RE/MAX Bentley's
  • Office Phone: (978) 572-1200
  • Listing Agent: Christopher Breen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach

Parking Information:

  • Parking: Off Street

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $524/SqFt
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Housing Market Comparison

See how this home compares to others in Newburyport, MA.

Med. Sold Price

$854.4K

Med. Price/SqFt

$528

Avg. Days On Market

43

# of Sold Homes

15

242 Merrimac St Unit 3 vs Newburyport

3 DAYS ON ROCKET

-40 Days

$599,000

-$255.4K Less

$524/SqFt

-$4 Less

KEY TAKEAWAY

This property is $255.4K less than the Median Sold Price and $4/SqFt less than other homes in Newburyport, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73322823

Listing Office:

  • Office Name: RE/MAX Bentley's
  • Office Phone: (978) 572-1200
  • Listing Agent: Christopher Breen

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-669364
6
/10
  • Edward G. Molin Elementary School

  • 70 Low St

  • 0.66 miles

  • Public District Grades 4-5

school-card-donut-669365
8
/10
  • Newbury Elementary

  • 63 Hanover St

  • 1.87 miles

  • Public District Grades PK-6

school-card-donut-669366
4
/10
  • Salisbury Elementary

  • 100 Lafayette Rd

  • 2.74 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,645. Most Newburyport, MA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Merrimac St Unit 3

What is the listing price of this property?

The listing price of 242 Merrimac St Unit 3 property is $599,000.

What type of property is this?

The property 242 Merrimac St Unit 3 is a condo located in Newburyport, Massachusetts, 01950.

Is this property for sale now?

Active Listing: 242 Merrimac St Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 242 Merrimac St Unit 3 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 242 Merrimac St Unit 3 is 1,143 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Merrimac St Unit 3 is 1880.

Rocket Homes›Massachusetts›Essex County›Newburyport›01950›242 Merrimac St Unit 3

This home is located at 242 Merrimac St Unit 3 in Newburyport, MA and zip code 01950 in the Newburyport North End neighborhood. This 1,143 square foot home was built in 1880. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $599,000.

Newburyport, MA housing market in December 2024 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 11 sold below. The number of listings in Newburyport, MA decreased by 17.6% between November 2024 and December 2024. In December 2024 median list price was $854,450 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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