$5,195,000

6940 Rich Ave Newark, CA 94560

Newark Area

Estimated payment $33,748/month

Total Views 1,214
-- Acre
-- Price per Acre
-- Sq Ft Lot

About This 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.

Listing Agent

Joshua Johnson

Marcus & Millichap License #01930127 Listed on: 08/07/2026

Property Details

Property Type

  • Land

Lot Details

  • Chain Link Fence
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Listing Details

  • Zoning: CMU, Commercial Mixed Use
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Commercial
  • Development Status: No Site Approval
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 27017

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 40291.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 40291.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2026 08/07/26 For Sale $5,195,000 -- --
Source: MLSListings

Source: MLSListings

MLS Number: ML82057036

MLSListings
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