368 Essex Ave Gloucester, MA 01930
Property details
About 368 Essex Ave
Investors and developers, take note! This is a rare opportunity to acquire a substantial 3.7-acre parcel in a highly desirable West Gloucester location. This offering includes a considerable three-family property situated on a sprawling 2.44-acre lot, with an additional 1.26-acre lot being sold together. The existing property offers immediate income potential with three separate units. However, the real allure lies in the significant potential for subdivision (subject to buyer due diligence and approvals). Zoning is R20 with potential for 5 ANR lots and the property may be included in a future MBTA MF 3A Overlay district (not yet established). Imagine the possibilities for future development! Don't miss out on this unique chance to own a significant piece of land in a prime Gloucester setting.
Highlights
Summary
- Full Bathrooms: 3
- Flooring Type: Tile, Vinyl, Carpet, Concrete, Varies
- Total Bedroom Count: 7
- Garage Space: 2 spaces
- Parking: Shared Driveway, Off Street, Unpaved
- Exterior: Garden
- List Price: $1,499,000
- Price/SqFt: $391
- Annual Tax Amount: $9,065
- Tax Year: 2024
- Lot: Wooded, Sloped
- Directions: please use GPS
- Year Built: 1920
- Stories: 4
- Living Area: 3,831 SqFt
- Lot Size: 3.7 Acres
- MLS Number: 73373946
- MLS Name: MLS Property Information Network
- Office Name: Churchill Properties
- Office Phone: (978) 515-7031
- Listing Agent: Antonia Frank
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $931,700 | $9,065 |
| 2023 | $886,400 | $9,387 |
| 2022 | $725,500 | $8,510 |
| 2021 | $662,100 | $8,237 |
| 2020 | $634,500 | $7,823 |
| 2019 | $576,200 | $7,312 |
History based on county public records data.
Nearby schools
6
West Parish
Public District KG-5
0.1 mi
•10 Concord St
3
Beeman Memorial
Public District KG-5
2.4 mi
•138 Cherry St
3
Veterans Memorial
Public District KG-5
3.1 mi
•11 Webster St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,823. The most common annual income of people living in Gloucester, MA is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Extreme Sports
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Academy Sports & Outdoors
Kmart
Where do the neighbors go to eat?
Arbys
Little Caesars
Bob Evans
What do the neighbors drive?
GMC
Chevrolet
Buick
What do the neighbors listen to?
Adult Hits
Country
Oldies
Frequently asked questions
About 368 Essex Ave
The listing price of 368 Essex Ave property is $1,499,000.
The property 368 Essex Ave is a multi located in Gloucester, Massachusetts, 01930.
Active Listing: 368 Essex Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 368 Essex Ave are: West Parish (GreatSchools Rating 6/10), Beeman Memorial (GreatSchools Rating 3/10), Veterans Memorial (GreatSchools Rating 3/10), Ralph B O'Maley Middle School (GreatSchools Rating 4/10), Manchester Essex Regional Middle School (GreatSchools Rating 7/10), Rockport Middle School (GreatSchools Rating 8/10), Gloucester High School (GreatSchools Rating 3/10), Manchester Essex Regional High School (GreatSchools Rating 9/10), Rockport High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $9,065 (source: MLS/based on county public records data).
The property 368 Essex Ave is 3,831 SqFt (source: MLS/tax record).
The year of construction for 368 Essex Ave is 1920.
This home is located at 368 Essex Ave in Gloucester, MA and zip code 01930. This 3,831 square foot home, which was built in 1920, sits on a 3.70 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $1,499,000.
While more than 9 listings in Gloucester, MA in June 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. The number of homes for sale in Gloucester, MA increased by 8.9% between May and June 2025. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $707,500.