INNOVATE Real Estate
Residential at 48 River Ave, Newton MA 02464
Residential at 48 River Ave, Newton MA 02464, photo 2 of 9
Residential at 48 River Ave, Newton MA 02464, photo 3 of 9
Residential at 48 River Ave, Newton MA 02464, photo 4 of 9
Residential at 48 River Ave, Newton MA 02464, photo 5 of 9
Residential at 48 River Ave, Newton MA 02464, photo 6 of 9
Residential at 48 River Ave, Newton MA 02464, photo 7 of 9
Residential at 48 River Ave, Newton MA 02464, photo 8 of 9
Residential at 48 River Ave, Newton MA 02464, photo 9 of 9
9 photos

$1,250,000

48 River Ave, Newton MA 02464
Newton, MA 02464
Listed by Johnny Ruiz
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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

Highlights

Waterfront

Property details

MLS
MLS Property Information Network
MLS #
73530433
Property type
Residential
Subdivision
N/A
Status
Active
Days on market
142
On market date
June 4, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.27 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
John Eliot
0.81 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
431
Student:teacher ratio
12.7:1
District
Needham
Middle
Oak Hill Middle
1.79 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
661
Student:teacher ratio
10.2:1
District
Newton
High
Needham High
1.73 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,669
Student:teacher ratio
12.9:1
District
Needham

Walkability

Blended score for Newton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks15
Schools20
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Newton, from live MLS data.

On the market 142 days -- 39 more days than Newton's current average of 103 days.
For reference, the median list price across 914 active listings in Newton right now is $988,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.