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Waterfront Multifamily Property
For Sale
$974,000
Pending

274 Bay Rd, Newmarket, NH 03857

Four town-approved residential units span a farmhouse and converted barn along Great Bay’s tidal shoreline.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market127

Property Features for 274 Bay Rd

General Information

Standard status Pending
Lot size 2.00 Acres
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Year Built 1778
Buildings 2
Units 4
Listing Agency:
Listed By: Bobbie Lynn Thomas
Source: Elliman
Added: Apr 27 Changed: Aug 29 Last Checked: Aug 30 at 7:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bobbie Lynn Thomas

Investment Insights

Based on property information with market context.

This 2-acre waterfront property includes four town-approved residential units arranged between a New England farmhouse and a converted barn. The farmhouse contains two units, while the barn provides two additional dwelling units. Built in 1778, the property retains a historic agricultural character alongside its current multifamily configuration.

A private shoreline on Great Bay provides direct access to the bay’s tidal waters, with views of wildlife and changing skies. The property is located minutes from downtown Newmarket and Route 95, with access to the Seacoast region. Future redevelopment or a conversion to a single-family waterfront estate may be explored subject to town approvals.

Key Highlights

  • 2‑acre Great Bay waterfront property with private shoreline
  • Four town‑approved separate residential units
  • Farmhouse configured with two residential units

Property Analytics

Current Use

Waterfront Land

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 03857, NH

9,430
Population
4,443
Households
2.1
Avg Household Size
39
Median Age
50%
College-Educated
98%
High-School Grad
12.6 sq mi
ZIP Area
748
Density / Sq Mi
$94,345
Median Household Income
$53,518
Median Earnings
$1,648
Median Rent
$384,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Four town-approved residential units span a farmhouse and converted barn along Great Bay’s tidal shoreline.
Where is this multifamily property located?
The property is located at 274 Bay Rd Newmarket, NH.
What is the asking price?
The asking price for this property is $974,000.
What are key features of this property?
This property features: 2‑acre Great Bay waterfront property with private shoreline; Four town‑approved separate residential units; Farmhouse configured with two residential units
More about this property
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