diff --git a/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.FrameworkReferenceResolution.targets b/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.FrameworkReferenceResolution.targets
index cca9e91baa7a..fe2f507440b7 100644
--- a/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.FrameworkReferenceResolution.targets
+++ b/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.FrameworkReferenceResolution.targets
@@ -338,7 +338,7 @@ Copyright (c) .NET Foundation. All rights reserved.
     <ItemGroup>
       <_ExistingReferenceAssembliesPackageReference Include="@(PackageReference)" Condition="'%(PackageReference.Identity)' == 'Microsoft.NETFramework.ReferenceAssemblies'"/>
 
-      <PackageReference Include="Microsoft.NETFramework.ReferenceAssemblies" Version="$(MicrosoftNETFrameworkReferenceAssembliesLatestPackageVersion)" IsImplicitlyDefined="true"
+      <PackageReference Include="Microsoft.NETFramework.ReferenceAssemblies" Version="$(MicrosoftNETFrameworkReferenceAssembliesLatestPackageVersion)" IsImplicitlyDefined="true" PrivateAssets="All"
                         Condition="'$(_FullFrameworkReferenceAssemblyPaths)' == '' and '@(_ExistingReferenceAssembliesPackageReference)' == ''"/>
     </ItemGroup>
   </Target>
diff --git a/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.props b/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.props
index e4a557f82ab0..d4587122664c 100644
--- a/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.props
+++ b/src/Tasks/Microsoft.NET.Build.Tasks/targets/Microsoft.NET.Sdk.props
@@ -100,7 +100,7 @@ Copyright (c) .NET Foundation. All rights reserved.
     <PackageRequireLicenseAcceptance Condition="'$(PackageRequireLicenseAcceptance)'==''">false</PackageRequireLicenseAcceptance>
     <DebugSymbols Condition="'$(DebugSymbols)'==''">false</DebugSymbols>
     <CheckForOverflowUnderflow Condition="'$(CheckForOverflowUnderflow)'==''">false</CheckForOverflowUnderflow>
-    <AutomaticallyUseReferenceAssemblyPackages>true</AutomaticallyUseReferenceAssemblyPackages>
+    <AutomaticallyUseReferenceAssemblyPackages Condition="'$(AutomaticallyUseReferenceAssemblyPackages)'==''">true</AutomaticallyUseReferenceAssemblyPackages>
     <MicrosoftNETFrameworkReferenceAssembliesLatestPackageVersion>1.0.0</MicrosoftNETFrameworkReferenceAssembliesLatestPackageVersion>
     
     <!-- Uncomment this once https://github.com/Microsoft/visualfsharp/issues/3207 gets fixed -->
diff --git a/src/Tests/Microsoft.NET.Restore.Tests/GivenThatWeWantAutomaticTargetingPackReferences.cs b/src/Tests/Microsoft.NET.Restore.Tests/GivenThatWeWantAutomaticTargetingPackReferences.cs
index 56e584b3e7ae..c192bf219ea2 100644
--- a/src/Tests/Microsoft.NET.Restore.Tests/GivenThatWeWantAutomaticTargetingPackReferences.cs
+++ b/src/Tests/Microsoft.NET.Restore.Tests/GivenThatWeWantAutomaticTargetingPackReferences.cs
@@ -5,6 +5,7 @@
 using Microsoft.Build.Utilities;
 using Microsoft.NET.TestFramework;
 using Microsoft.NET.TestFramework.Assertions;
+using Microsoft.NET.TestFramework.Commands;
 using Microsoft.NET.TestFramework.ProjectConstruction;
 using NuGet.Common;
 using NuGet.Frameworks;
@@ -181,5 +182,46 @@ public void It_restores_net_framework_project_with_existing_references()
             netFrameworkLibrary.Type.Should().Be("package");
             netFrameworkLibrary.Version.ToFullString().Should().Be("1.0.0");
         }
+
+        [Fact]
+        public void It_fails_without_assembly_pack_reference()
+        {
+            var targetFramework = "net472";
+            var testProject = new TestProject()
+            {
+                Name = "ProjectWithoutTargetingPackRef",
+                TargetFrameworks = targetFramework,
+                IsSdkProject = true,
+            };
+            testProject.AdditionalProperties["AutomaticallyUseReferenceAssemblyPackages"] = "false";
+
+            var testAsset = _testAssetsManager.CreateTestProject(testProject);
+
+            var buildCommand = new BuildCommand(Log, Path.Combine(testAsset.TestRoot, testProject.Name));
+            if (TestProject.ReferenceAssembliesAreInstalled(TargetDotNetFrameworkVersion.Version472))
+            {
+                buildCommand.Execute()
+                    .Should()
+                    .Pass();
+
+                string projectAssetsJsonPath = Path.Combine(
+                    testAsset.Path,
+                    testProject.Name,
+                    "obj",
+                    "project.assets.json");
+                LockFile lockFile = LockFileUtilities.GetLockFile(
+                    projectAssetsJsonPath,
+                    NullLogger.Instance);
+                lockFile.GetTarget(NuGetFramework.Parse(".NETFramework,Version=v4.7.2"), null).Libraries.FirstOrDefault((file) => file.Name.Contains("net472"))
+                        .Should()
+                        .BeNull();
+            }
+            else
+            {
+                buildCommand.Execute()
+                    .Should()
+                    .Fail();
+            }
+        }
     }
 }