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    Property profile & analytics

    148-150 Needham St Newton, MA 02464

    • Retail space
    • 5,622 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 28, 2025
    $4,500,000
    Location Intelligence
    Property ID
    US38-1035321
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 148-150 Needham St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    5,622 SF
    Zone code
    MU2
    Property type
    Retail space
    APN
    NEWT S:83 B:013 L:0010
    APU
    NEWTS83B013L0010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2124
    Latitude
    42.3124
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $27,741
    $852,900
    $660,500
    $1,513,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      188 Needham St

      Restaurants • 2,800 SF
      188 Needham St, Newton, MA 02464
      View Details
    • Value Estimation by Request
      3,588 SF

      104 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 3,588 SF
      104 Needham St, Newton, MA 02464
      View Details
    • Value Estimation by Request
      34,460 SF

      230 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 34,460 SF
      230 Needham St, Newton, MA 02464-1569
      View Details
    • Value Estimation by Request
      41,476 SF

      188-192 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 41,476 SF
      188-192 Needham St, Newton, MA 02464
      View Details
    • Value Estimation by Request
      6,862 SF

      100 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 6,862 SF
      100 Needham St, Newton, MA 02464-1500
      View Details
    • Value Estimation by Request
      24,669 SF

      225 Needham St

      RETAIL STORES (PERSONAL SERVICES) • 24,669 SF
      225 Needham St, Newton, MA 02464-1507
      View Details

    Similar Nearby for Sale

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      Versatile retail or office space with high visibility.
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    • $48,000

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      Long-established dry cleaner, laundry, and tailor business for sale.
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    • $5,995,000
      38,200 SF

      Commercially Zoned Land For Sale

      Commercially zoned property with development potential in Newton, Massachusetts.
      103 Thurston Rd, Newton, MA 02464
      View Details
    • $375,000
      0.17 Acres

      Newton MA Commercial Space

      Prime Newton Location, High Visibility
      Hale St, Newton, MA 02464
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Retail Space in Newton, MA

      2,800 SF retail space available Q2 2023 in Newton.
      188 Needham St, Newton, MA 02464
      View Details
    • $43 SF/Yr
      825 SF

      Corner Retail Space in Newton

      Rare corner retail space with large windows and high ceilings.
      287-301 Elliot St, Newton, MA 02464
      View Details
    • Contact for pricing
      4,600 SF

      Newton Restaurant/Retail Space Available

      Up to 4,600 SF restaurant/retail space for lease.
      165 Needham St, Newton Upper Falls, MA 02464
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Affluent Newton

      Located in Newton, close to major routes and affluent neighborhoods.
      1024 Chestnut St, Newton, MA 02464
      View Details
    • $33 SF/Yr
      12,434 SF

      Newton Creative Office Space

      Middlesex County, MA: 5 Suites Available
      233 Needham St, Newton, MA 02464
      View Details
    • Contact for pricing
      1,571 SF

      Renovated Mill Office Space

      Office space in a renovated mill building near Charles River.
      377-397 Elliot St, Newton Upper Falls, MA 02464
      View Details
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    148-150 Needham St
    Newton, MA 02464
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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