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    Property profile & analytics

    53 4th Ave Needham, MA 02494

    • Investment properties
    • 53,688 SF
    • 3.83 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 31, 2021
    $18,500,000
    Location Intelligence
    Property ID
    US38-1644141
    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

    • Investment properties

    Property Details for 53 4th Ave

    Year built
    1962
    Lot size
    3.83 lot acres
    Property size
    53,688 SF
    Zone code
    I
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NEED M:300.0 B:0009 L:0000.0
    APU
    NEEDM3000B0009L00000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Needham
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2133
    Latitude
    42.2999
    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
    2017
    $106,047
    $2,950,500
    $2,782,600
    $5,733,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,160 SF

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    • Value Estimation by Request
      15,249 SF

      238 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 15,249 SF
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    • Value Estimation by Request
      3,360 SF

      471 Hunnewell St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,360 SF
      471 Hunnewell St, Needham, MA 02494-1351
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    • Value Estimation by Request
      160,742 SF

      100 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 160,742 SF
      100 Ww St, Needham, MA 02494-1380
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    • Value Estimation by Request
      1.00 Acre

      206 A St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      206 A St, Needham, MA 02494-2807
      View Details
    • Value Estimation by Request
      2,507 SF

      868 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,507 SF
      868 Highland Ave, Needham, MA 02494-1378
      View Details

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    Similar Nearby for Lease

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      8,126 SF flex space for lease in Needham Heights.
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      Renovated Retail Space for Lease

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      1,468 SF

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      Modern flex space, I-95 access, 7,000-42,000 SF.
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      Needham Office Space Available

      Office space available for rent in Needham, Massachusetts.
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    53 4th Ave
    Needham, MA 02494
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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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