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Listed by: Joshua Johnson (650) 391-1784 DRE #01930127 | Marcus & Millichap (650) 391-1700
$5,195,000
Monthly Est:$25,857
-- Bed
-- Bath
40,291sqft lot
6940 Rich Ave, Newark, CA 94560
$5,195,000
$25,857/moEst:
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Land
Built in -
$-- HOA
40,291 sqft lot
$129/sq.ft
Description
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: August 8, 2026 at 12:22 am
- Source: California Regional MLS-CA | MLS#: ML82057036
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
40,291 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82057036
MLS Status
Active
Days on Market
64
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Utilities
Electricity Available
Other Features
Lot Features
Level
Price History
| Date | Event | Price |
|---|---|---|
08/07/2026 Source: | Listed for Sale | $5,195,000 $0/sqft |
Find Homes by Property Features in Newark, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 11, 2026, 03:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage