Active
6 Days on market
368 Essex Avenue Gloucester — Photo 1 of 41

368 Essex Avenue Gloucester — Photo 1 of 41

$1,149,000

368 Essex Avenue, Gloucester, MA 01930

Gloucester, MA 01930 — West Gloucester

Beds

8

Baths

3.5

SqFt

3,831

Style

3 Family - 3 Units Side by Side

Built

1920

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.

Key facts

It was listed on September 28, 2026. The annual property taxes are $10,220 (2026 tax year). It sits on a 3.7-acre (161,172 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$300/sqft
Local Avg (Gloucester)$668/sqft
55% BelowMarket Average

* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$1,149,000
Annual Taxes$10,220

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms14
Fireplaces1
FlooringWood, Tile, Vinyl
BasementNone

Climate & Utilities

HeatingOil, Electric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter, Granite, Irregular
ZoningR-20 & 30

Property & Lot

Acres3.7
SqFt Lot161,172
Lot FeaturesWooded

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Walk/Jog Trails • Highway Access • House of Worship • Marina • Public School

Geography

Questions about this home

When was 368 Essex Avenue, Gloucester listed?

368 Essex Avenue, Gloucester was listed on September 28, 2026.

Has the price of 368 Essex Avenue, Gloucester changed?

The price hasn't changed since it was listed at $1,149,000.

What are the property taxes for 368 Essex Avenue, Gloucester?

The annual property taxes for 368 Essex Avenue, Gloucester are $10,220 (2026 tax year).

How big is the lot at 368 Essex Avenue, Gloucester?

368 Essex Avenue, Gloucester sits on a 3.7-acre (161,172 sq ft) lot.

What is the status of 368 Essex Avenue, Gloucester?

368 Essex Avenue, Gloucester is actively listed for sale.

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Lillian Lograsso

Listing Office: J. Barrett & Company

MLS® Number: 73583315