Lynn, MA Foreclosures
- Overview
The City of Lynn was settled by colonists from the New England Company in Salem in 1629. Early settlers relied primarily on family farming and shell fishing although an iron works was established in the city in 1643.
Leather tanning became a major industry very early on and by 1775 there were a string of tanneries along Black Marsh Brook, called Tanney Brook, to the harbor. When the MBTA was extended from Boston to Salem in 1837, it went through Lynn, encouraging growth in the shoe industry and a factory district was created as well as shoe workers' neighborhoods of boardinghouses. The Civil War brought great prosperity to the city and further growth of the shoe factories. Even the fires of 1869 and 1889, which destroyed much of the central business district from Central Square to Broad Street, didn't stop expansion. The gutted buildings were simply replaced by five and six story shoe factories.
While Lynn developed its major industrial capacity, handsome summer estates were being built along its shore by the middle of the 19th century. These established the city as a fashionable Boston resort area. At least a dozen large shore estates were built and other land was subdivided for increasingly suburban residential development. When Lynn Shore Drive was opened in 1910, it encouraged the development of high rises to take advantage of the shore view.
Lynn, now the largest city in Essex County, is an urban manufacturing and commercial center, densely populated and culturally diverse. Residents are proud of the city's long history, which parallels the history of New England as a whole.
(Seal supplied by community. Narrative based on information provided by the Massachusetts Historical Commission)
Foreclosures in Lynn, MA
 New Listing
$179,000
Multi-Family
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New Listing
$59,900
Condo
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New Listing
$103,000
Single Family
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MBTA Stations
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