Date
Details
Price
Change
Source
8/07/2026
Listed
$5,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$5,195,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 6940 Rich Ave
General
- Price: $5,195,000
- Status: Active
- Type: Development
- Source: RE_Infolink
- MLS ID: ML82057036
- Updated: 8/7/2026
- Added to Site: Today
Additional Information
- Extras: Not Applicable
Location
- Area: Newark
- County: Alameda
- Cross Streets: Magnolia Street
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity on Site, Gas (On Site)
Lot Features
- Minimum Lot Size: 40291
- Lot Size (Sq. Ft.): 40,291
- Development Status: No Site Approval
- Present Use: Commercial
- Zoning: CMU, Commercial Mixed Use
- Lot Description: Level
- Fencing (Description): Chain Link
Listed by Marcus & Millichap, Joshua Johnson
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 6940 Rich Ave —
Joshua Johnson
Marcus & Millichap
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 6940 Rich Ave
School District:Newark Unified School District
| Name | Grades | Distance |
|---|---|---|
Birch Grove Intermediate 37490 Birch Street, Newark, CA 94560 | 3-6 | 0.8 mi |
Birch Grove Primary 6071 Smith Avenue, Newark, CA 94560 | K-2 | 1.1 mi |
Newark Junior High School 6201 Lafayette Avenue, Newark, CA 94560 | 7-8 | 0.9 mi |
Newark Memorial High School 39375 Cedar Boulevard, Newark, CA 94560 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6940 Rich Ave
Estimate the Cost
Estimate the Cost for 6940 Rich Ave
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- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- Single Family
- Active
- Updated 22 hours ago
- 4Beds
- 3Total Baths
Listed by Joe Schembri (CalRE#: 00890599) (510) 774-4328 and Star Santa Cruz (CalRE#: 01469907) (510) 468-9568
- Single Family
- Active
- Updated 22 hours ago
- 4Beds
- 2Total Baths
Listed by Belliveau Realty Group (510) 676-7900
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,607Sq. Ft.
- Condo
- Active
- Updated 10 hours ago
- 2Beds
- 2Total Baths
Listed by Intero Real Estate Services, Kaajal Shahani and Intero Real Estate Services, Suman Mirchandani
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
Listed by Keller Williams Tri-Valley, Lisa Desmond and Keller Williams Tri-Valley, Liz Venema
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
Listed by Bayview Resid. Brokerage, Louis Robelo
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- Residential Lots
- Closed
- 1.23Acres
Listed by John J Dutra, Broker, John J. Dutra
Sold by Losk & Company Real Estate, Ronald Losk
Sold by Losk & Company Real Estate, Ronald Losk
- Single Family
- Closed
- 5Beds
- 5Total Baths
Listed by Compass, Helen Du
Sold by Re/Max Accord, Sudhir Matthew
Sold by Re/Max Accord, Sudhir Matthew
- Single Family
- Closed
- 4Beds
- 4Total Baths
Listed by Cal Real Estate, Albert Valdez
Sold by Intero Real Estate Services, Mohammad Zaman
Sold by Intero Real Estate Services, Mohammad Zaman
- Single Family
- Closed
- 6Beds
- 6Total Baths
Listed by Compass, Surinder Gill and Compass, Jessica Talamantes
Sold by Maxreal, Binfang Huang
Sold by Maxreal, Binfang Huang
6940 Rich Ave, Newark, CA 94560 (MLS# ML82057036) is a Development property with a lot size of acres. 6940 Rich Ave is currently listed for $5,195,000 and was received on August 07, 2026. Want to learn more about 6940 Rich Ave? Do you have questions about finding other Development real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.