Courtesy: Keller Williams Thrive
408-850-6900
This sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high-impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low-interest financing for affordable or mixed-income projects. Next door, a 59-unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets. Seller Financing Available, Up to 50% at 7.5% (5-Year Term) Flexible capital structure ideal for developers and value-add buyers. Seller Financing Highlights: Seller will finance up to 50% of purchase price 7.5% interest, fixed 5-year term with balloon payment Fast closing no bank approval needed Ideal for entitlement phase, early-stage development, or land banking
This sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high-impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low-interest financing for affordable or mixed-income projects. Next door, a 59-unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets. Seller Financing Available, Up to 50% at 7.5% (5-Year Term) Flexible capital structure ideal for developers and value-add buyers. Seller Financing Highlights: Seller will finance up to 50% of purchase price 7.5% interest, fixed 5-year term with balloon payment Fast closing no bank approval needed Ideal for entitlement phase, early-stage development, or land banking
Price Reduction Prime Buildable Lot in Coveted Neighborhood. Welcome to an exceptional opportunity in one of the most sought-after locations. This spacious lot offers the ideal canvas for your custom build, whether you're envisioning a single-family home or multi-family. This property has been approved for 6 single family homes. Zoned Residential Low Density(RL) Buyer to verify 18,750sf generous lot size to accommodate a variety of architectural styles. - Located in a vibrant, welcoming community. Less than 15 minutes from Meta and the Dumbarton Bridge. - Close proximity to schools, shopping, dining, and recreational facilities. Very walkable! - Nestled in a quiet yet accessible area known for its beauty and convenience. - Surrounded by well-maintained homes. Don't miss this rare chance to design and build your future in an area that truly has it all!
 |
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2025 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2025 Bay Area Real Estate Information Services, Inc. All rights reserved. |
Newark is located in California. Newark, California has a population of 47,815. Newark is less family-centric than the surrounding county with 36.11% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Newark, California is $144,011. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Newark is 36.5 years.
The average high temperature in July is 77.5 degrees, with an average low temperature in January of 42.4 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
