602 River Rd Newburgh, NY 12550
Estimated payment $8,311/month
About This Lot
Discover one of the Hudson Valley’s most inspiring waterfront opportunities. Set on 4.5 acres in the coveted Balmville neighborhood, this property offers sweeping Hudson River views, a setting rich with history and nature, and the rare chance to transform an 1850 farmhouse into a truly exceptional home.
Properties like this don’t come around often. With a creative mindset and vision, it could become a modern farm-style masterpiece—think high ceilings, skylights, a river-facing pool, expansive deck, oversized windows, salvaged wood floors, exposed beams, cozy finishes, and interiors filled with natural light – the kind of place that could easily grace the pages of an architecture magazine.
Surrounded by multi-million-dollar estates and mature trees, the existing home is full of charm and possibility. Just minutes from Beacon’s vibrant arts scene, the Philip Johnson Wolfe House, Storm King, and The Powelton Club, the location is both serene and connected. Hiking trails, cultural landmarks, and Metro North access to Grand Central make for easy escapes—or a 90-minute drive puts you in the heart of New York City.
Don’t miss out on the opportunity to design your dream home. This one is worth seeing!
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,739
Lot Details
- 4.5 Acre Lot
Schools
- Newburgh Elementary School
- Heritage Middle School
- Newburgh Free Academy High School
Utilities
- Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 334600-020-000-0002-021.000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $13,495 | $128,600 | $42,500 | $86,100 |
| 2022 | $13,907 | $128,600 | $42,500 | $86,100 |
| 2021 | $13,985 | $128,600 | $42,500 | $86,100 |
| 2020 | $13,894 | $128,600 | $42,500 | $86,100 |
| 2019 | $4,109 | $128,600 | $42,500 | $86,100 |
| 2018 | $4,109 | $128,600 | $42,500 | $86,100 |
| 2017 | $14,183 | $128,600 | $42,500 | $86,100 |
| 2016 | $13,913 | $128,600 | $42,500 | $86,100 |
| 2015 | -- | $128,600 | $42,500 | $86,100 |
| 2014 | -- | $128,600 | $42,500 | $86,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $1,295,000 | -13.4% | $679 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $1,495,000 | -6.6% | $784 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $1,600,000 | -- | $839 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $388,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $75,000 | Credit Line Revolving |
Source: OneKey® MLS
MLS Number: 836751
APN: 334600-020-000-0002-021.000-0000
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