81-87 ESSEX ST
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Location
81-87 ESSEX ST
Mblu
86/ / 10/ /
Acct#
0086 0000 0010 A
Owner
PALERO REALTY TRUST
Assessment
$1,746,700
PID
3292
Building Count
1
Legal Description
Location
Urban
Street/Road
Paved
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,555,400$191,300$1,746,700

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerPALERO REALTY TRUST
Co-OwnerBENIGNO A ESPAILLAT TRS
Address225 BROADWAY #7
METHUEN, MA 01844-3003
Sale Price$300,000
Certificate
Book & Page 06002/0110
Sale Date02/06/2001
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PALERO REALTY TRUST$300,000 06002/01101O02/06/2001
ESSEX & NEWBURY REALTY TRUST$190,000 05226/02920011/02/1998
ABASCAL CLEMENTE$0 04061/0326 06/01/1994

Building Information
Building 1 : Section 1
Year Built: 1910
Living Area: 13,488
Replacement Cost: $2,590,123
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$1,554,100
Building Attributes
FieldDescription
Style:Stores/Apt Com
ModelCommercial
GradeAverage
Stories:3
Occupancy22.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Water
AC TypeNone
Bldg UsePRI COMM MDL-94
Total Rooms 
Total Bedrms09
Total Baths9
Bldg CondAverage/Good
1st Floor Use:0310
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsABOVE AVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 8,992 8,992
BASFirst Floor 4,496 4,496
UBMBasement, Unfinished 4,496 0
   17,984 13,488

Extra Features
Extra Features

No Data for Extra Features


Parcel Information
Use Code0310
DescriptionPRI COMM MDL-94  
Deeded Acres0.11

Land
Land Use
Use Code0310
DescriptionPRI COMM MDL-94  
ZoneB3
Neighborhood940
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.11
Frontage0
Depth0
Assessed Value$191,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SGN1SIGN-1 SD W/M  20.00 S.F HT$4001
SGN3W/INT LIGHTS  12.00 S.F HT$9001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$1,555,400$191,300$1,746,700
2025$1,637,200$182,100$1,819,300
2024$1,444,300$155,900$1,600,200

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