40 River Avenue, Norwich, CT 06360
Property image
Property image
FOR SALE

$242,500

  • 3 Beds
  • 2 Baths
  • 2,435 sqft

40 River Avenue, Norwich, CT 06360

Est. Mortgage $1,659/mo*
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We estimate this home will sell faster than 88% nearby.

Home Highlights

Property Type
Single-Family Home
Year Built
1860
Price/Sqft
$100
Parking
Garage

Local Information

  • Map ViewExplore the area around 40 River Avenue.
  • Schools1 Preschool School1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Rare investment opportunity! This Victorian-style property is being sold together with an adjacent vacant residential lot offering beautiful views of the Thames River. The home features two kitchens, oil heat, an updated electrical panel, and a detached two-car garage, providing an excellent foundation for a renovation project. Major improvements have already begun, including roughed-in electrical and a first floor bathroom with new studs and drywall. The second-floor bathroom has been gutted to the studs and is ready for your finishing touches. The property requires a new furnace, cosmetic updates throughout, and completion of the kitchens and bathrooms, making it an ideal project for investors, builders, or owner occupants looking to build equity. Included in the sale is 41 River Ave, a separate 5,227 SF (.12-acre) residential lot with scenic Thames River views. The previous owner envisioned a waterfront-view porch and patio overlooking the river. While the lot will require significant landscaping due to its slope, it offers outstanding potential to create a one-of-a-kind outdoor retreat or future homesite. Don't miss this unique chance to own a renovation project plus an additional buildable lot with water views in one package! Sale dependent upon the contract owner's ability to take title.
Last check for updates: about 12 hours ago
Listing courtesy of Derek Greene, (888) 278-5840
Derek Greene, (888) 278-5840
Source: Smart MLS, MLS#24196250
Also Listed on Smart MLS.
We estimate this home will sell faster than 88% nearby.

Home Details for 40 River Avenue

Interior Features

Interior Details
Basement: PartialNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 2435 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Water HeaterRefrigerator
Heating & Cooling
Heating: OtherNo CoolingAir Conditioning: NoneHas Heating
Fireplace & Spa
No Fireplace
View
Has a ViewView: Water

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Other
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2435 Square Feet

Days on Market

Days on Market: 30

Property Information

Year Built
Year Built: 1860
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Victorian
Building
Construction Materials: Shingle SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 2415992

Price & Status

Price
List Price: $242,500Price Per Sqft: $100
Status Change & Dates
Possession Timing: Vacant At Close

Active Status

MLS Status: Active

Location

Direction & Address
City: Norwich
School Information
Elementary School: Veterans MemorialHigh School: Norwich Free Academy

Agent Information

Listing Agent
Listing ID: 24196250

Building

Building Area
Building Area: 2435 Square Feet

HOA

No HOA

Lot Information

Lot Area: 9147.6 sqft

Miscellaneous

BasementMls Number: 24196250Attic: NoneWater ViewWater View: WaterAttribution Contact: (888) 278-5840Above Grade Unfinished Area: 2435

Around this home

What Locals Say about Norwich

At least 439 Trulia users voted on each feature.

  • 82 % Say car is needed

  • 75 % Say it's dog friendly

  • 71 % Say parking is easy

  • 70 % Say there's holiday spirit

  • 66 % Say yards are well-kept

  • 64 % Say there are sidewalks

  • 55 % Say there's wildlife

  • 52 % Say kids play outside

  • 49 % Say streets are well-lit

  • 48 % Say it's walkable to restaurants

  • 48 % Say people would walk alone at night

  • 47 % Say neighbors are friendly

  • 46 % Say it's quiet

  • 43 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to grocery stores

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Fancyfqnacy
    "What makes this neighborhood unique is That I can’t get to my local store very often and you can wake save on the daytime ."
    1
    Flag
  • Joshua Koplowitz
    "Honestly, a lot of the dogs aren’t very well socialized and some seem pretty aggressive……………….,..,…."
    2
    Flag
  • Trulia User
    " I think they would like everything in this neighborhood there's lots of friendly dogs friendly people "
    0
    Flag
  • Trulia User
    "There are enty of families, pets, and local sores. As well as, a walmart, target, etc, nearby. Best for people with a car, but there is reasonable public transport. "
    4
    Flag
  • Yohana1291
    "Everyone mind their own business, no one bothers you and is safe. So far we been living here for 4 years. We move from New York City and so far we like it here. Feels like country field even my dog loves it here."
    3
    Flag
  • Babydoll4blaine69
    "It’s decent commute to stores and work and places to go to but not a lot of good site seeing places to grab from the area but the commute to get to thoses places highway close by to get to "
    0
    Flag
  • Donica J.
    "Well there are a lot of dogs around most on leashes being walked. There’s a good size dog park here in Norwich everyone is pretty friendly there !"
    0
    Flag
  • Kenbrando
    "Beans dont fry in the kitchen and they dont burn on the grill either...Safe and stable neighborhood. Neighbors stay to themselves and keep up on their properties."
    4
    Flag
  • Shelline J.
    "There is good transportation system. The bus system is well maintained and handicap accessible. I use my car and i dont have to worry about street parking most of the time. "
    1
    Flag
  • Caitlin
    "Not particularly safe due to people who drive unsafe and commit crimes nearby. I would not recommend for families"
    0
    Flag
  • Kaelyn C.
    "been here for a year now, it's quiet despite being a relatively busy town and all my neighbors are super friendly "
    0
    Flag
  • Mariely A. .
    "sure it’s nice, people make the area not safe but if you’re cautious you should be fine. also people tend to think norwich is gang violence but let’s be honest. "
    0
    Flag
  • Matt P.
    "Legendary neighborhood with nice people and fun things to do. The library is one of my favorite cool hangouts. Neighbors generally pick up poop after the chihuahua poops on the ground. It is overall a fun and freiinty neighborhood.. I love it. Don’t want to live here for good though. Not sung enough."
    0
    Flag
  • Mathew M.
    "There is theft and general crime. People smoking week on their decks. You can hear the neighbors cussing their kids out in their homes on the street. "
    2
    Flag
  • Gmpast
    "it's great quiet neighborhood, love visiting here, been considering moving here. Been looking in paper and online for place to rent"
    0
    Flag
  • Elizabeth B.
    "great school for kids there is two different parks..the area has barbershops hair dressers and small delis "
    11
    Flag
  • Tina S.
    "great take bus or my truck lil on the rough side every now and then but great most of the time busy with work and stuff"
    0
    Flag
  • Dannikaavent
    "We have a lot of cultural festivals, 5k runs, sports, community programs, churches and small businesses."
    0
    Flag
  • Jessica C.
    "The town is just dirty in some parts. People are friendly for the most part, but I’ve noticed that the people around Washington st, into School st are generally not nice to their animals and I don’t do well with that. Uhhh public transit is good. Across the st. "
    0
    Flag
  • Jenny B.
    "People come out for events like The Chelsea Parade, the Carnival, fireworks on 4th of July by the marina, and other festivals"
    0
    Flag
  • Dannikaavent
    "The schools are diverse, start full day at 3 years old and have free meals for all kids. The city is pretty safe and welcoming."
    0
    Flag
  • Wayne F.
    "there is a great historical park. With a small public beach, great for walking running. Stroller, bikes are welcome and handicap accessible. There also two free playgrounds, one has a handicapp swing. picnic tables are located through the wooded areas. "
    0
    Flag
  • Reggie D.
    "you see people walking their dogs all the time joggers running quiet neighborhoods a great place to raise your children "
    5
    Flag
  • Shampayne P.
    "i’ve lived here for 3 years and everyone is friendly and respectful. rated five stars for me. norwich is great in different aspects "
    0
    Flag
  • April M Lussier
    "It's just like any other town; there's good and bad, but it's not as bad as some people make it out to be. I love the parks and wildlife here and people are generally friendly."
    28
    Flag
  • Walter T.
    "Down or the casino Sometimes at the high schools all the churches that are in the surrounding area this is not a highly active area most of the opportunities for entertainment or at the casino or out of town"
    0
    Flag
  • Leecy R.
    "no one interacts with anyone and plot against each other there is no unity in the community and the community is very selective."
    0
    Flag
  • Leecy R.
    "can be quiet at times no one really gets in each others business unless you let them. everyone comes home closes their door and goes in their living quarters and dont really talk to anyone. no community events around greenville probably with the bad rap of drug dealing going on because of lot of unemployed persons. looks like a lot of drama with child support a heavy police presence and cameras. "
    0
    Flag
  • Maggie Y.
    "we have lots of nests for birds and bears roam free and eat all the honey and flowers and its a great community of jewish people "
    0
    Flag
  • Kellcyie R.
    "Norwich has NFA and anyone would be blessed to be going to NFA, Norwich has good parks, Norwich has everything is a walking distance. "
    0
    Flag
  • Meghan C.
    "People walk their dogs all the time in my neighborhood, but there’s also a lot of traffic so if people’s dogs get out they could get hit!! "
    0
    Flag
  • Andrew c.
    "Norwich ct: it is good because it is close to everything, but it is not the best for taxes and it's an old city with a downtown that needs revitalization"
    0
    Flag
  • Kurai_kokoro
    "It’s too quiet and everyone is trying too hard to act like they’re from. The South. I can hear crickets playing banjos."
    1
    Flag

Market trends in Norwich

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$292K
$3KMoM
Sale-to-List Price
100.6%
0.6%MoM
Price per sq ft
$202
$11MoM
Available listings
115
17MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
176 Laurel Hill Avenue, Norwich, CT
0.12
Single-Family Home
$260,000
10/01/25
3
1.5
1,592
12 Rogers Avenue, Norwich, CT
0.31
Single-Family Home
$142,350
09/19/25
3
1.5
1,321
115 West Thames Street, Norwich, CT
0.42
Single-Family Home
$382,000
06/12/26
3
1.5
2,108
26 Kinney Avenue, Norwich, CT
0.44
Single-Family Home
$291,600
03/27/26
3
1.5
1,426
5 Stetson Street, Norwich, CT
0.46
Single-Family Home
$330,000
09/23/25
3
2
1,648
85 West Thames Street, Norwich, CT
0.35
Single-Family Home
$325,000
12/16/25
5
2
3,038
20 Summer Street, Norwich, CT
0.26
Single-Family Home
$259,000
07/30/26
3
1.5
1,640
75 Summit Street, Norwich, CT
0.37
Single-Family Home
$324,900
07/24/26
3
1.5
1,126
58 Sunnyside Avenue, Norwich, CT
0.52
Single-Family Home
$282,500
07/23/26
3
2
1,330

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
24 River Avenue, Norwich, CT 06360
0.04
$515,000
9
3
3,563
Recently Sold
111 Laurel Hill Avenue, Norwich, CT 06360
0.04
$414,800
6
3
2,614
Off Market
116 Laurel Hill Avenue, Norwich, CT 06360
0.05
$347,600
4
4
2,317
Off Market
84 River Avenue, Norwich, CT 06360
0.09
$371,200
5
2
1,641
Off Market
17 Winchester Street, Norwich, CT 06360
0.10
$310,700
4
2
2,057
Off Market
90 Spruce Street, Norwich, CT 06360
0.09
$240,400
3
1.5
1,508
Off Market
67 Spruce Street, Norwich, CT 06360
0.10
$281,300
3
2
1,519
Off Market
84 Laurel Hill Road, Norwich, CT 06360
0.12
$334,000
Studio
-
2,138
Off Market
100 Spruce Street, Norwich, CT 06360
0.09
$302,500
3
2
1,772
Off Market
65 Spruce Street, Norwich, CT 06360
0.11
$252,900
3
2
1,346
Off Market
76 Laurel Hill Avenue, Norwich, CT 06360
0.13
$150,000
4
2
2,580
Recently Sold

Price and Tax history

DateEventPrice
Aug 4, 2026
Source: Smart MLS #24196250
Listed For Sale
$242,500
Jun 23, 2014
Source: Smart MLS #E274703
Sold
$209,000
Oct 6, 2013
Source: Agent Provided
ListingRemoved
$219,000
Aug 15, 2013
Source: Agent Provided
PriceChange
$219,000
Price decreased by 2%
Jun 4, 2013
Source: Agent Provided
PriceChange
$224,000
Price decreased by 1%

LGBTQ Local Legal Protections

Derek Greene, Derek Greene, (888) 278-5840
Agent Phone: (888) 278-5840
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 40 River Avenue

  • What is the estimated monthly payment for 40 River Avenue?
    Based on a $242,500 list price with 20% down at today's rates, the estimated monthly payment for 40 River Avenue in Norwich, CT is approximately $1,693 (about $1,283 principal & interest, $335 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 40 River Avenue compare to homes in Norwich?
    40 River Avenue in Norwich, CT is listed at $242,500, about 17% below the $292K median sale price in Norwich.
  • What do residents say about Norwich?
    Residents describe Norwich, CT as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Norwich, CT.
  • What are the closest schools to 40 River Avenue?
    The closest schools to 40 River Avenue in Norwich, CT are Kelly Middle School (rated 5/10), Veterans' Memorial School (Pre-K/Elementary, rated 5/10).
  • How big is the lot at 40 River Avenue?
    The lot at 40 River Avenue in Norwich, CT is about 0.21 acres (9,148 sq ft).
  • Does 40 River Avenue have a garage?
    Yes, 40 River Avenue in Norwich, CT has a garage.
40 River Avenue, Norwich, CT 06360 is a 3 bedroom, 3 bathroom, 2,435 sqft single-family home built in 1860. This property is currently available for sale and was listed by Smart MLS on Aug 4, 2026. The MLS # for this home is MLS# 24196250.