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    Property profile & analytics

    2 Newman Rd Newbury, MA 01951-2204

    • Retail space
    • 722 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US38-1720735
    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 2 Newman Rd

    Year built
    1910
    Construction
    FRAME
    Lot size
    0.43 lot acres
    Property size
    722 SF
    Zone code
    AR4
    Property type
    Retail space
    APN
    NEWB M:0R26 B:0000 L:0007A
    APU
    NEWBM0R26B0000L0007A

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8464
    Latitude
    42.7669
    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
    $3,696
    $407,400
    $73,800
    $481,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $540,000
      1,788 SF

      134 Northern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,788 SF
      134 Northern Blvd, Newbury, MA 01951-1423
      View Details
    • Value Estimation
      $290,000
      3,888 SF

      72 Newburyport Tpke

      RETAIL STORES (PERSONAL SERVICES) • 3,888 SF
      72 Newburyport Tpke, Newbury, MA 01951-1115
      View Details
    • Value Estimation
      $415,000
      2,822 SF

      14 Plum Is Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,822 SF
      14 Plum Is Blvd, Newbury, MA 01951-2039
      View Details
    • Value Estimation
      $420,000
      3,960 SF

      76 Newburyport Tpke

      RETAIL STORES (PERSONAL SERVICES) • 3,960 SF
      76 Newburyport Tpke, Newbury, MA 01951-1115
      View Details
    • Value Estimation
      $290,000
      6,500 SF

      84 Boston Rd

      SHOW ROOM, WAREHOUSE • 6,500 SF
      84 Boston Rd, Newbury, MA 01951-1600
      View Details
    • Value Estimation
      $435,000
      4,260 SF

      96 Hanover St

      SHOW ROOM, WAREHOUSE • 4,260 SF
      96 Hanover St, Newbury, MA 01951-1127
      View Details

    Similar Nearby for Sale

    • $699,000

      Established Restaurant, Bar, and Keno

      Landmark restaurant for sale with liquor license and high volume.
      123abc Starving Walker Way, Salisbury, MA 01951
      View Details
    • $699,000
      0.58 Acres

      Prime Salisbury Restaurant Opportunity

      Established Landmark, High-Volume Sales
      Starving Walker Way, Salisbury, MA 01951
      View Details
    • Contact for pricing
      110,948 SF

      Class A Storage Facility

      High-quality self-storage facility with expansion potential in Newbury, Massachusetts.
      131 Newburyport Tpke, Newbury, MA 01951
      View Details
    • $1,399,900

      Newbury Investment Property Opportunity

      Three-unit property with barn near downtown Newburyport and Plum Island.
      11 High Rd, Newbury, MA 01951
      View Details
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    2 Newman Rd
    Newbury, MA 01951-2204
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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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