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$1,199,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,455 Sq. Ft.
  • 1 Car Garage
  • Updated 43 minutes ago
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This exceptional residence (Unit 2302) just became available, offering the very best direct water views on the market at RIVERWALK. Situated closest to the waterfront, Unit 2302 offers superior views from every room, while a private balcony captures sweeping river and city vistas. The bright open-concept layout, soaring ceilings, and south-facing oversized windows are sure to impress the most discerning buyers. This newer-construction (2025) residence offers two primary suites, two full baths, and a separate home office. The chef's kitchen features a beautiful center island clad in stone, Bosch stainless steel appliances, including a state-of-the-art induction range, custom cabinetry, stone countertops, and a matching stone backsplash. The primary suite features a walk-in closet and spa-like bath with heated floors, heated towel rack, double vanity, seamless glass shower, and smart bidet. Unit 2302 also comes with two deeded parking spaces, including one heated garage space, plus a private storage room-valuable upgrades purchased separately by the current owner. Elevator service adds convenience, while common amenities include a clubroom lounge and fitness center, both currently under construction, plus a riverside outdoor kitchen and patio area. Leave your car at home-downtown Salem's restaurants, shops, museums, and commuter rail to Boston are all just minutes away. This is a must-see residence at Salem's premier waterfront condominium community. Easy to show!

Full Property Details for 16 Franklin St #2302

General

  • Price: $1,199,000
  • HOA FEE: $724
  • Taxes: $10,946 (2026)
  • Status: Active
  • Type: Condo
  • Source: MLSPin
  • MLS ID: 73586241
  • Updated: Today (10/3/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 6
  • Interior Features: Lighting - Overhead, Crown Molding, Decorative Molding, Home Office, Foyer, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Flooring: Wood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2
  • Bathroom 1: Full Bathroom, Bathroom Double Vanity/Double Sink, Tiled Bathroom with Shower Stall, Linen Closet, Custo, Main, Third
  • Bathroom 2: Full Bathroom, Tiled Bathroom with Tub and Shower, S, Main, Third

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Yes, Main, Third
  • Bedroom 2: Closet, Wood Flooring, Recessed Lighting, Crown Molding, Main, Third

Other Rooms

  • Living Room: Wood Flooring, Exterior Deck, High-Speed Internet Hookup, Open Floorplan, Recessed Lighting, Slider, Lighting - Overhead, Decorative Molding, Main, Third
  • Kitchen: Wood Flooring, Dining Area, Stone/Granite/Solid Countertops, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant, Decorative Molding, Main, Third
  • Dining Room: Wood Flooring, Open Floorplan, Lighting - Overhead, Main, Third
  • Office: Flooring - Wood, Lighting - Overhead, Main
  • Laundry: Third Floor, In Unit

Additional Information

  • Security/Safety: Intercom

Exterior

  • Exterior Features: Deck, Patio, City View(s), Professional Landscaping, Sprinkler System

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 2
  • Parking Features: Attached, Under, Garage Door Opener, Heated Garage, Storage, Deeded, Paved, Exclusive Parking

Location

  • County: Essex
  • Complex: Riverwalk
  • Building Name: Riverwalk
  • Driving Directions: Route 114 (North Street) to Franklin Street.

Community

  • Assoc. Fees Include: Elevator(s), Recreation Facilities, Fitness Center, Clubroom
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Heat Pump, Unit Control
  • Cooling Zones: 3
  • Heating Type: Heat Pump, Unit Control
  • Heating Fuel: Heat Pump, Unit Control
  • Heating Zones: 3

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Exterior Const.: Frame, Stone
  • Basement: Yes
  • Basement Desc.: N
  • Roof: Rubber
  • Drive-In Doors: Insulated Doors
  • Stories/Levels: 1
  • Square Feet: 1,455
  • Sq. Ft. Source: Plans
  • Year Built: 2025

Water Features

  • Water Front: Yes
  • Water Front Desc.: Waterfront, River, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Financial Considerations

  • Price Per Sq. Ft.: $824.05
  • Association Fee: $724
  • Tax Amount: $10,946.72
  • Tax Year: 2026

Disclosures and Reports

  • Documents Avail.: Master Deed, Unit Deed, Floor Plans
  • Disclosures/Rstr.: Newer construction (2025). This unit is the 1st resale unit in condo complex. Office virtually staged. Club room & Gym images are renderings-under construction. All images ai enhanced. Condo fee is discounted @ $333.60 per month until a management Co is hired. Developer is current property manager.
  • Property ID: 2132543
Buyer's Brokerage Compensation: Contact Listing Agent
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— 16 Franklin St #2302 —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 16 Franklin St #2302

School District:Salem School District, Salem, MA
NameGradesDistance
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-50.5 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-50.7 mi
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.9 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.9 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-120.4 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121.6 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.3 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-51.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Franklin St #2302 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2026
Listed
$1,199,000
267.62%
MLS
9/03/2026
Sold
$326,150
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 Franklin St #2302

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,874
-50%
$1,576,200
1%
2022
$35,645
—
$1,557,000
11%
2022
$35,645
—
$1,408,600
4%
2022
$35,645
353%
$1,354,800
375%
2021
$7,877
2%
$285,400
5%
2020
$7,699
8%
$270,900
12%
2019
$7,148
12%
$241,900
14%
2018
$6,378
—
$212,800
—
2017
$6,382
1%
$212,800
—
2016
$6,288
9%
$212,800
15%
2015
$5,758
16%
$185,800
20%
2014
$4,961
—
$154,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 Franklin St #2302

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16 Franklin Street #2302, Salem, MA 01970 (MLS# 73586241) is a Condo property with 2 bedrooms and 2 full bathrooms. 16 Franklin Street #2302 is currently listed for $1,199,000 and was received on October 03, 2026. This property is listed by Mark Wade from our Marblehead Office.Want to learn more about 16 Franklin Street #2302? Do you have questions about finding other Condo real estate for sale in North Lawrence? You can browse all North Lawrence real estate or contact a Coldwell Banker agent to request more information.

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