Price Ranges in Assembly Square

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Overview

Assembly Square is a 145 acre neighborhood in Somerville, MA, an area dubbed by Curbed Boston as one of the ‘best brand-new neighborhoods’ in the Eastern United States.  Located 2.5 miles from downtown Boston, Assembly Square is bordered to the north by Ten Hills and Massachusetts Route 28.  It’s bordered to the south by Charlestown.  Assembly Square’s western border runs along Interstate 93.  The area is known for its many outdoor amenities, including a marina, revitalized waterfront park along with bike paths.  Rich in history, Assembly Square’s name originates from the fact that it was home to a Ford assembly plant, which opened in 1926 and was a major employer during WWII.

Assembly Row

One of Assembly Square’s major developments is Assembly Row, which has undergone significant development in the last few years.  This 50 acre mixed-use space broke ground in April 2012.  Situated right by public transportation (Orange line – Assembly Station, which is only 3 stops from downtown), Assembly Row includes apartment buildings, retail outlets, and restaurants.  It also boasts almost 2 million square feet of office space, a 12-screen cinema and a 200-room hotel.  Banana Republic, Brooks Brothers, LOFT, J Crew, Nike and Saks Off 5 are among its many premium retail outlets.  Assembly Row offers some great restaurants as well, including Legal on the Mystic (the newest one in the chain), Fuji, Papagayo Mexican Kitchen & Tequila Bar, Tony C’s Sports Bar & Grill, Starbucks, J.P. Licks and the French eatery PAUL, the perfect place to grab a snack after going shopping.

Avalon at Assembly Row

Assembly Square is also home to new apartment buildings.  Altogether it’s expected that Assembly Row will have 2,000 housing units.  One of the notable apartment buildings is AvalonBay’s Avalon at Assembly Row, located at 333 Great River Rd.  This smoke-free, pet-friendly residence has many attractive features: 24/7 maintenance service, a modern fitness center overlooking the Mystic River, a 6-acre park by the Mystic River, garage parking and all the shops and dining options of Assembly Row.  In addition, there are professionally landscaped courtyards with outdoor air fireplaces and gas BBQ grills as well as an outdoor heated swimming pool.

Another perk of Assembly Row is that it’s both walker and biker-friendly.  You can easily get to it via the bike paths and lanes in Baxter Park.

Studios at Avalon at Assembly Row start at $2,320 and 1-bedrooms at $2,330.  You also have the option of buying a furnished apartment.  All apartments have in-unit washer/dryer and granite countertops.  Some apartments come with balconies and patios and views of the Mystic.

New Luxury Condos

A luxury condominium building is also in the works.  Currently under construction, the 117 condo units will be available for sale at the beginning of 2016, with move-in dates set for late 2017 or early 2018.  Federal Realty Investment Trust is the site owner and developer in charge of this second phase of development for Assembly Row.  AvalonBay led the first phase of Assembly Row’s development.  In addition to the 117 for-sale condo units, the development will include 167,000 square feet of residential space, a 155-room boutique hotel and 700,000 square feet of office space, now being constructed by Partners HealthCare.  The 117 condos will be on top of the 155-room boutique hotel.

Assembly Square is already a vibrant, lively neighborhood.  With this next stage of development set, the neighborhood is poised to become even more desirable.

Location

Buildings in Assembly Square

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Market Stats for Assembly Square

Listing Inventory

579

Units

  • 1 Land
  • 120 Condos
  • 33 Single Fam
  • 373 Rentals

Median Listing Price

$970K

Based on Condos & Single Family listings

Homes Sold in Last 12 Mo

423

--42% Over Prev 12 Mo

Avg Days on Market

190

In Past 12 Months

579 Listings Available in Assembly Square View All

Photo of 2-8 Broadway
2-8 Broadway
Somerville, MA
$14,500,000
99 beds 99 baths 27,176 sqft
Photo of 52, 54 Bonair Street
52, 54 Bonair Street
Somerville, MA
$4,599,000
21 beds 10 baths 8,937 sqft
Photo of 669 Somerville Ave
669 Somerville Ave
Somerville, MA
$4,500,000
14 beds 8,415 sqft
Photo of 318 Highland Ave
318 Highland Ave
Somerville, MA
$3,998,000
5 beds 7 baths 7,040 sqft
Photo of 42-44 Greenville
42-44 Greenville
Somerville, MA
$3,900,000
10 beds 6 baths 6,169 sqft

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