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6940 Rich Avenue

Newark, CA 94560
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SqFt40,291

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $5,195,000

AD Id : 89244730

MLS Id : ML82057036

Lot Size : 40,291 Sqft(Lot)

County : Alameda

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Map

Feature Features

  • Lot Information

    Main Square Feet: 40291 Lot Size Acres: 0.925 Lot Size Source: Other Lot Size Square Feet: 40,291 Lot Description: Level

  • Listing Price Information

    Listing Price: $5195000

  • Tax Information

    Parcel Number: 092005200104

  • School Information

    Elementary School: Other Junior High School: Other Senior High School: Other
  • Utility Information

    ElectricityAvailable
  • Location Information

    Direction: Cross Street: Magnolia Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Thornton Avenue, Newark, CA, 94560 $3,140,000 -- -- -- 20,995.92 Sqft(Lot)
36952 Mulberry Street, Newark, CA, 94560 $2,000,000 -- -- -- 20,000 Sqft(Lot)

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ByOwner last updated this listing 08/12/2026 @ 09:30

MLS: ML82057036 LISTED BY: Joshua Johnson, Marcus & Millichap 650-391-1700 SOURCE: CRMLS

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