1 MERRIMACK ST
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Location
1 MERRIMACK ST
Mblu
178/ 4060/ 1/ /
Parcel ID
A02930
Owner
JEM REALTY TRUST
PBN
Assessment
$1,154,800
Appraisal
$1,154,800
Internal ID
37620
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$937,100$217,700$1,154,800
Assessment
Valuation YearImprovementsLandTotal
2026$937,100$217,700$1,154,800

Owner of Record
OwnerJEM REALTY TRUST
Co-OwnerSWANSBURG DONALD E III TRUSTEE
Address6 FOSTER ST
WAKEFIELD, MA 01880
Sale Price$878,000
Certificate
Book & Page 00229/0174
Sale Date05/12/2021
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
JEM REALTY TRUST$878,000 00229/01740005/12/2021
TRS PATEL BRIDGE ST TRUST$545,000 00180/02150007/09/2001
LEAHY DANIEL P ET UX$1 00173/03371B03/16/1999
SIMPSON BUILDING REALTY ASSOCI$35,000 00124/0389UNKQ07/28/1919

Building Information
Building 1 : Section 1
Year Built: 1880
Living Area: 16,206
Replacement Cost: $1,314,059
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$880,400
Building Attributes
FieldDescription
Style:Retail/Office Up
ModelCommercial
GradeAverage +20
Stories:3
Occupancy10.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureWood Truss
Roof CoverTar & Gravel
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Pine/Soft Wood
Interior Floor 2Inlaid Sht Gds
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Struct Class 
Bldg UseRetail > 10,000 SF
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3400
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 10,368 10,368
BASFirst Floor 5,838 5,838
UBMBasement, Unfinished 5,184 0
   21,390 16,206

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1PSSNGR ELEVTR3.00 STOP$40,2001
SPR1SPRINKLERS-WET16200.00 S.F.$8,7001
A/CAIR CONDITION5838.00 UNITS$7,8001

Land
Land Use
Use Code3220
DescriptionRetail > 10,000 SF  
ZoneDMU
NeighborhoodC100
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.14
Frontage0
Depth0
Assessed Value$217,700
Appraised Value$217,700

Outbuildings
Outbuildings

No Data for Outbuildings

Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$815,200$203,500$1,018,700
2024$774,500$193,900$968,400
2023$720,500$176,300$896,800

Assessment
Valuation YearImprovementsLandTotal
2025$815,200$203,500$1,018,700
2024$774,500$193,900$968,400
2023$720,500$176,300$896,800

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