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6940 Rich Avenue

Newark CA 94560

40291 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

40291 sq. ft. lot size
Land

Happy sellers in Newark

97%
97% of sellers in Newark reported that their sale price either exceeded or met their price expectations.

Newark stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Newark over the last 12 months.

Local market activity for land plots in Newark

In the last 12 months, 1 land similar to 6940 Rich Avenue, have been sold.

This represents a 50% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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