Annisquam Harbor, MA HL 350 2007 summer Release Edition size 2,500 In Stock Annisquam is believed to be a combination of “squam” a local Indian word meaning harbor and “Ann” from Cape Ann. Founded in 1631, Annisquam Village grew into a fishing and ship building center that competed with Gloucester and Nantucket. The Annisquam River is an estuary that is open at both ends into the Atlantic Ocean and separates both Gloucester and Cape Ann from the mainland. The northern end of the river opens into Ipswich Bay, and the southern end connects to Gloucester Harbor via the Blynman Canal. This unique position has made it a safe haven for mariners. Today a Coast Guard family lives at this historic light.