Neskaupstaður (Icelandic pronunciation: ​[ˈnɛsˌkʰœipˌstaːðʏr̥]) is a town located on the fjord Norðfjörður [ˈnɔrðˌfjœrðʏr̥] on the eastern side of Iceland. It is part of the municipality of Fjarðabyggð and, as of 2016, it has a population of 1,481. Neskaupstaður is the third largest town in Eastern Region. The town was originally built on a farm called "Nes", settled by Egill rauði ("the red"). The town was nicknamed "Little Moscow" in the 20th century due its strong socialist background.