40 Ocean Ave, Lynn, MA 01902 Property Records

Essex County and Lynn City property record for 40 Ocean Ave, Lynn, MA 01902

Property Summary

Property TypeApartments (5+ Units)
Details13 bd · 10 ba · 8,472 sqft · built 1900
Lot Size0.073 acres (3,197 sqft)
OwnerCompany Name on Record
Last Sale$1,330,000 (Dec 2025)
Tax Bill$15,740 (2025)
Deeds & MortgagesDec 2025 Sale & Mortgage
May 2019 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APNB:093 L:574 S:009

Property Details

APN / Parcel Number

Primary APNB:093 L:574 S:009
Alternative APN
  • LYNN M:093 B:574 L:009

Interior

Bedrooms13 Beds
Full Baths10 Baths
Half Baths6 Half Baths
Total Rooms33 Rooms
Units7 Units
Stories3 Stories
Building Area8,472 sqft Living Area
Gross Area10,052 sqft
Basement Area2,492 sqft
Unfinished Basement1,246 sqft

Exterior

Year BuiltBuilt 1900
Effective Year BuiltEffective 1900
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Roof TypeFlat
Roof MaterialTar & Gravel
Lot Area3,197 sqft (0.073 acres)

Utilities, Heating & Cooling

Heating SystemHot Water
Heating FuelOil

Location & Zoning

Street Address40 OCEAN AVE
CityLYNN
StateMA
Zip01902-3224
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Local Zoning CodeR2
Legal Block574
Legal Lot Number9
JurisdictionLYNN MA
Township / Civil DivisionLYNN
Census Block Group2
Census Block2003
Census Tract206700

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Diamond Historic District
listed 1996 · 590 contributing resources · NRIS 96001040

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Essex County and Lynn City records, as of April 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address40 OCEAN AVE, LYNN, MA 01902-3224
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 15, 2025Quit Claim Deed, Transfer
40 OCEAN AVE RLTY T
May 10, 2019Deed of Trust, Mortgage · Unknown
BEVERLY BANK & TRUST CO NA
Aug 19, 2019Deed of Trust, Mortgage
BEVERLY BK
Jan 25, 2018Deed of Trust, Mortgage
EASTERN BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 15, 2025 · Amount on Record
Deed SaleDec 15, 2025 · Amount on Record
Prior Transfer DateDec 12, 2025
Prior Transfer Doc0000663319
Record UpdatedJun 8, 2026

December 2025: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLYNN MA
Recording DateDec 15, 2025
Property Address40 OCEAN AVE, LYNN, MA 01902-3224
Document Number0000663319
Instrument DateDec 12, 2025
Instrument663319
Transaction TypeTransfer
Record UpdatedJan 7, 2026

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address40 OCEAN AVE, LYNN, MA 01902-3224

Mortgage

Document Number0000663321
DateDec 15, 2025
Instrument663321
Lender
Name40 OCEAN AVE RLTY T
Agreement
AmountAmount Recorded

May 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLYNN MA
Property Address40 OCEAN AVE, LYNN, MA 01902-3224
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number37499-489
DateMay 10, 2019
Book Page37499/489
Instrument20190510000760
Lender
NameBEVERLY BANK & TRUST CO NA
TypeBank
Agreement
TypeUnknown
AmountAmount Recorded

August 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLYNN MA
Property Address40 OCEAN AVE, LYNN, MA 01902-3224
Document Number0000604684
Instrument DateAug 19, 2019
Transaction TypeMortgage
Record UpdatedSep 4, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Trust
Address40 OCEAN AVE LYNN MA 019023224, LYNN, MA 01902-3224

Mortgage

Document Number0000604684
DateAug 19, 2019
Instrument604684
Lender
NameBEVERLY BK
TypeBank
Agreement
AmountAmount Recorded

January 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLYNN MA
Property Address40 OCEAN AVE, LYNN, MA 01902-3224
Document Number0000589900
Instrument DateJan 25, 2018
Transaction TypeMortgage
Record UpdatedFeb 13, 2018

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCorporate Trust

Mortgage

Document Number0000589900
DateJan 26, 2018
Instrument589900
Lender
NameEASTERN BK
TypeBank
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Essex County and Lynn City assessment roll, as of April 14, 2026

Property Jurisdictions

TypeName
StateMassachusetts
CountyEssex County
MunicipalityLynn City
Unified School DistrictLynn School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2025$15,740.00 (-1.04%)$1,519,300 (+0.59%) Land $207,100 Building $1,312,200
2024$15,905.00 (+13.58%)$1,510,400 (+20.26%) Land $219,400 Building $1,291,000
2023$14,003.00$1,255,900 Land $203,300 Building $1,052,600

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective July 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone VE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies121 units insured
incl. 120 condo units
Nearby Flood Claims1 (2018)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2018 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLYNN WATER AND SEWER COMM
serves 101,253 people · EPA ID MA3163000
Water SourceSurface water
Last State InspectionNov 2023
Lead2 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 137 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber
2,300 / 2,300
Xfinity
Cable
2,000 / 250

May also be available: Starry, T-Mobile.

Nearby Properties on Ocean Ave

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