Exceptional development opportunity in E Bridgewater, Massachusetts! This prime property is approved for the development of 30 rental apartments. Located just 4 miles from Bridgewater State University, this site is ideally positioned to meet the increasing demand for rental housing from students, faculty, staff and commuters. Location: Close proximity to Bridgewater State University ensures consistent rental demand. Phased Development: Allows for a staged approach to construction and investment. Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater’s real estate market is thriving, with rising home values. 10 mins from Commuter Rail.
East Bridgewater is located in Massachusetts. East Bridgewater, Massachusetts has a population of 14,393. East Bridgewater is less family-centric than the surrounding county with 31.96% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in East Bridgewater, Massachusetts is $110,842. The median household income for the surrounding county is $98,190 compared to the national median of $69,021. The median age of people living in East Bridgewater is 39.9 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 50.7 inches per year, with 36.7 inches of snow per year.
