As the waterfront town continues to welcome new businesses and eateries, Newburgh offers some good deals for real estate shoppers on the hunt for something with historic charm.
The restaurant scene, particularly along the Hudson River waterfront and Liberty Street, has really taken off in recent years. Can the real estate market be far behind? The median home value in in the Town of Newburgh is $228,600, according to Zillow, up 11.1 percent over the past year. The online real estate database company predicts that Newburgh home values will rise 7 percent within the next year.
Let’s take a look at five historic homes on the market right now, ranging in price from $79,000 for a condo in The Foundry at Washington Park to $599,000 for a grand Gothic Revival dating to 1856. Some are already renovated and restored, while others need a sure-footed injection of TLC and cash.
Photos © Dan M Lee Photography
Size: 5,545 square feet
Listing agent: Beryl Oles, Global Property Systems
Highlights: This 1856 Gothic Revival masterpiece on 1.9 well-tended acres offers a wealth of architectural details, including 10-foot ceilings, five fireplaces, mahogany coffered ceilings, wall paneling, original recessed mahogany bookcases, meticulously carved wood built-ins, ornamental plaster swag molding, and ceiling moldings with dainty corner cartouches. Other details include funky 1940s bathrooms and an updated kitchen.
Photo by Daniel Gilbert, Brick and Mortar RE LLC
Size: 1,596 square feet
Listing agent: Daniel Gilbert, Brick and Mortar RE LLC
Highlights: Right on the busy Liberty Street corridor, this 1901 house offers bright natural light, a formal dining room, attractive bay windows, hardwood floors, French doors, exposed brick, a front porch, and a full basement, along with a garage and driveway.
Photo by Ann Stratton
Size: 2,020 square feet
Listing agent: Rosemary Lee, Apple2Orange Realty
Highlights: A Victorian stunner a short way away from Water Street, this abode has been beautifully restored to preserve historic details. Set up as a legal two-family home, the property can be used for one family or split into an investment space. In 2015, the second-floor apartment was completely renovated to include a new kitchen and bathroom with a heated floor, along with an updated porch. In 2017, the first-floor apartment received similar treatment in the form of an upgraded bathroom and a patio in the rear garden.
Photo by Claire Browne
Size: 3,952 square feet
Listing agent: Claire Browne, Gate House Realty Inc.
Highlights: Set on 2.7 acres of park-like property, this Queen Anne Victorian that dates to 1900 features a grand wrap-around porch with mahogany decking, stained-glass windows, parquet floors, period moldings and fireplaces, French doors, and a kitchen with a breakfast nook and marble center island with a sink. The third floor holds a legal apartment with a separate entrance.
Size: 573 square feet
Listing agent: Josh Friedman, EREALTY ADVISORS USA INC
Highlights: This straightforward one-bed, one-bath condo is in the cool complex known as The Foundry at Washington Park in the heart of Newburgh. Walk to the riverfront restaurants and the ferry to Beacon for Metro-North train service. The complex offers underground parking and laundry facilities on each floor.