6940 Rich Avenue, Newark, CA 94560

Newark
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
6940 Rich Avenue,Newark, CA 94560
$5,195,000
  • 0.93 Acres
  • Lots / Land
  • Active
Listed by: joshua johnson
Office: marcus & millichap650-391-1700
MLS#:ML82057036
Source:CRMLS

Price summary

  • Price:$5,195,000

About this home

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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Home facts

  • Listing ID #:ML82057036
  • Added:47 day(s) ago
  • Updated:September 24, 2026 at 11:07 AM

Structure and exterior

  • Lot area:0.93 Acres
  • Lot Features:Level with Street

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,195,000
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