Active

18 Days on market

1015 Forbes St New Bedford — Photo 1 of 12

$599,900

1015 Forbes St, New Bedford, MA 02745

New Bedford, MA 02745

Investor Analysis

Beds

Baths

2.5

SqFt

1,980

Style

Single Family

Built

2004

Price reduction reflects motivation! Raised Ranch offers AC, large yard, vaulted ceilings large family room in lower level, 2 fireplaces, 2 car garage under, property is undergoing a fresh paint throughout! A real beauty, don't miss this one! 2 flat screen TVs to be conveyed with sale! Open floor plan with vaulted ceilings. Lower level features a Family Room, and half bath! Desirable North End location!

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$303/sqft

Local Avg (New Bedford)$354/sqft

14% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within New Bedford, MA.

Financials

Original Price$599,900

Annual Taxes$5,956

Parking

Garage2

Off-Street6

Interior Specifications

Total Rooms6

Fireplaces2

FlooringTile, Carpet

BasementFull, Partially Finished, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Oil

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningMUB

Property & Lot

Acres0.37

SqFt Lot16,161

Lot Features--

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Medical Facility • Laundromat • Highway Access • House of Worship

Geography

Property History

Listed

$599,900

Aug 25, 2026

MLS® 73569495

Expired

$649,900

Aug 2, 2026

MLS® 73474642

Listed

$649,900

Feb 2, 2026

MLS® 73474642

Population

24,519

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$74K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

39.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Bristol County

1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,980 sq ft principal dwelling). Lot size: 16,161 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full New Bedford, MA market report ZIP 02745 market data

Listing Provided By

Listing Agent: Kenneth A Mongeon

Listing Office: eXp Realty

MLS® Number: 73569495