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$5,195,000
$7,200Reward *
6940 Rich Avenue, Newark, CA 94560Listing ID ML82057036

6940 Rich Avenue, Newark, CA 94560

Active
Time on site: 6 days • Last updated: 5 days ago
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.93
Days on Site
Days on Site
5

Large high-density residential development site in the heart of Old Town Newark. The zoning for the site allows residential development at densities between 30 dwelling units per acre and 100 dwelling units per acre. This property has the potential for 100+ apartment units if the developer uses state density bonus laws. The property is less than ten minutes drive to several major shopping centers. Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, 99 Ranch, and Lion Market are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood. There are 15 parks and sports facilities in Newark, ranging from neighborhood parks all the way up to an indoor recreation and swimming facility. Newark is located on the San Francisco Bay and there are miles of trails along the Bay. The site is also a short drive from Coyote Hill Regional Park and several regional parks in the hills above Fremont.

Property Information

Property Details

Location

Address
6940 Rich Avenue
County
Alameda
City
Newark
Zip Code
94560
School District
Other
High School
Other
Elementary School
Other
MLS Area
699 - Not Defined

Financial

Special Conditions
Standard
Joshua Johnson • Marcus & Millichap, (650) 391-1700

Market Report for 94560

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

ML5083433