368 Essex Avenue
$1,149,000
8
Beds
3/1
Baths
3,831
Sqft
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$1,149,000
8
Beds
3/1
Baths
3,831
Living Area
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Property Description
A rare opportunity in West Gloucester! This 4,000+ sq. ft. three-family property is being offered with TWO parcels totaling approximately 3.7 acres—an exceptional combination of multi-family living, acreage, income potential, and possible future development. The offering includes 368 Essex Ave., featuring a spacious three-family home situated on approximately 2.44 acres with substantial frontage along Essex Ave., plus 368R Essex Ave., an additional approximately 1.26-acre R-30 zoned parcel located behind the main property and described as an “orchard” on the deed. Investors, contractors, developers, flippers, and cash buyers—bring your vision! The multi-family home is in need of updating and improvement, but offers tremendous space and potential for renovation, rental income, or repositioning. With two parcels and nearly 4 acres combined, the possibilities are intriguing. Property is being sold as-is. Buyers and buyers’ agents to perform their own due diligence regarding zoning, subdivision potential, permitted uses, approvals, and development possibilities.
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Highlights
- Acres: 3
- Has View: Yes
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1920
- Area: West Gloucester
- Heating: Oil, Electric
- Parking Spots: 10
- Property Type: 3 Family - 3 Units Side by Side
- Total Rooms: 14
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Fireplaces: 1
- Foundation: Concrete Perimeter, Granite, Irregular
- Lot Features: Wooded
- Roof: Shingle
- Total Number of Units: 3
- Year Built Details: Approximate, Renovated Since, Unknown/Mixed
- Zoning: R-20 & 30
- Exterior Features: Garden
- Flooring: Wood, Tile, Vinyl
- Interior Features: Living Room, Kitchen, Mudroom, Living RM/Dining RM Combo, Loft
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: Scenic View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Marina, Public School, T-Station
- Parking Features: Off Street
- Covered Parking Spaces: 2
- Waterfront Features: Ocean, Unknown To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,097,700
- Tax Year: 2026
- Total Rent: $1,800
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $10,220
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of J. Barrett & Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.