0 Baths

$5,195,000

6940 Rich Avenue, Newark CA, 94560

Price per sqft$128.94

Lot size0.92 Acres

Property typeLand

Listed by Joshua Johnson CA DRE# 01930127 with Marcus & Millichap 650-391-1784

Overview

Active

Listed Aug 7, 2026

Updated Aug 8

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.

Additional information

MLS^® ID: ML82057036

Exterior Features

Lot Size: 0.92 Acres

Listed by Joshua Johnson CA DRE# 01930127 with Marcus & Millichap 650-391-1784

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/8/2026 at 12:25 AM UTC Last Checked: 12:25 AM UTC