Approved for 6 Single Family Homes - Discover a prime investment at 7843 Railroad Ave with site plans for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle 6 single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, this site is close to major employers and popular amenities, making it ideal for multiple rental properties, build to sell units, or to be used as a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.
Property Details
Property Features
Listing Office:
Office Name: KW Bay Area Estates
Office Phone: (408) 560-9000
Listing Agent: Stephen Thaddeus Wawryk
Lot Features
Lot Information:
Lot Size: 0.43 Acres
Other
Directions Information:
Directions: Cross Street: Locust Street
Price Information
Listing Price Info
Price Summary:
List Price: $1,400,000
Tax Information:
Annual Amount: $2,957
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Newark, CA.
This property is $100K more than the Median Sold Price in Newark, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81982298
Listing Office:
Office Name: KW Bay Area Estates
Office Phone: (408) 560-9000
Listing Agent: Stephen Thaddeus Wawryk
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 08, 2001
May 08, 2001Home Sold
$175,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,957
$243,600
2020
$2,957
$241,102
2019
$3,050
$236,376
2018
$3,083
$231,742
2017
$3,083
$227,199
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
A. L. Schilling Elementary
36901 Spruce St
Distance between this listing and this school0.24 miles
Public District Grades KG-6
5
/10
Lincoln Elementary
36111 Bettenct St
Distance between this listing and this school0.80 miles
Public District Grades KG-6
4
/10
James Graham Elementary
36270 Cherry St
Distance between this listing and this school0.84 miles
Public District Grades KG-6
Nearby Schools
4
/10
Newark Junior High School
6201 Lafayette Ave
Distance between this listing and this school1.06 miles
Public District Grades 7-8
8
/10
Thornton Junior High
4357 Thornton Ave
Distance between this listing and this school2.57 miles
Public District Grades 7-8
6
/10
Centerville Junior High
37720 Fremont Blvd
Distance between this listing and this school3.07 miles
Public District Grades 7-8
Nearby Schools
3
/10
Crossroads High (Alternative)
35753 Cedar Blvd
Distance between this listing and this school1.45 miles
Public District Grades KG-12
2
/10
Bridgepoint High (Continuation)
35753 Cedar Blvd
Distance between this listing and this school1.52 miles
Public District Grades 9-12
6
/10
Newark Memorial High School
39375 Cedar Blvd
Distance between this listing and this school2.29 miles
The neighbors living near this home have an average income of $59,830. The most common annual income of people living in Newark, CA is between $35k-100k. The majority of families are married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7843 Railroad Ave
What is the listing price of this property?
The listing price of 7843 Railroad Ave property is $1,400,000.
What type of property is this?
The property 7843 Railroad Ave is land located in Newark, California, 94560.
Is this property for sale now?
Active Listing: 7843 Railroad Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,957 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 8, 2001 for $175,000. (source: MLS/tax record).
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This home is located at 7843 Railroad Ave in Newark, CA and zip code 94560. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $1,400,000.
Over 14 listings were sold over their listed price in November 2024 in Newark, CA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. In November 2024 in Newark, CA there were 33% less homes for sale than in October 2024. While the average time on the market in November 2024 was 14 days, the median list price was $1,300,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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