
Newark, California 94560
This Updated End-Unit Condominium is a Strong Value Opportunity, listed at $498,888—positioned well below the $525,000 Fair Market Value by 4%. This valuation gap provides $26,112 in Instant Equity for the incoming owner. Maintaining a Good Condition Rating, the interior features a Granite Kitchen, fresh paint, and new carpeting. Residents benefit from a private patio and community amenities including a pool, spa, and gym, all located near Newark Memorial High School. This is an ideal acquisition for Silicon Valley professionals or first-time buyers seeking a commuter-friendly, turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39843 Cedar Boulevard 227 Subject | $498,888* List Price | 2 | 2 | 1,071 | $490 | - |
A 39953 Cedar Blvd 324 Sold | $525,000 | 2 | 2 | 1,071 | $490 | 0.1 mi |
B 39975 Cedar Blvd 334 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.1 mi |
C 39965 Parada St A Sold | $527,000 | 2 | 2 | 992 | $531 | 0.3 mi |
D 39975 Cedar Boulevard 136 Active | $629,000 List Price | 2 | 2 | 1,071 | $587 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1986 (>30 years old), it has undergone significant cosmetic updates including fresh interior paint and new carpeting. The kitchen is modernized with granite countertops and stainless steel appliances, and the overall condition is well-maintained and move-in ready, fitting the functional criteria for a 'Good' rating despite the age of the structure.
Positioned as the best-priced two-bedroom unit in the community following a recent price reduction, offering exceptional value for first-time buyers in the Newark market.
This rare end-unit provides enhanced privacy with fewer shared walls and features move-in ready updates including fresh interior paint, new carpeting, and granite countertops.
Ideally situated with easy access to I-880 and the Dumbarton Bridge, significantly reducing commute times to major tech hubs in Silicon Valley and the Peninsula.
The monthly HOA fee of $617 is relatively high, which may impact the debt-to-income ratio and overall affordability for budget-conscious purchasers.
Built in 1986, the complex is approaching 40 years of age, which may necessitate future capital improvements or special assessments for common area maintenance.
Best-priced 2BD/2BA in the community! Rare end-unit in a gated Newark complex, Bright and comfortable home with an open layout, plenty of natural light, fresh interior paint, & new carpet--move-in ready for its next owner. The kitchen features granite countertops and stainless steel appliances, opening to the dining and living areas for easy everyday living. The living room includes a cozy fireplace and access to a private patio, perfect for relaxing or reading at the end of the day. The primary suite offers spacious closets and dual sinks for added convenience. The second bedroom works well for guests, a home office, or flexible use depending on your needs. Additional features include in-unit laundry, two parking spaces, and an end-unit location that provides extra privacy with fewer shared walls. The community is gated and offers amenities including pools, spas, and the exercise gym, all set in a peaceful environment. Conveniently located near shopping centers, restaurants, and major commute routes including I-880 and the Dumbarton Bridge, making travel to Silicon Valley and the Peninsula easier. A great option for 1st-time buyers or anyone looking for comfortable, low-maintenance living in a central Newark location.
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 2.8 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,071 | 1,448 | 29% |
| Lot Size | - | - | 50% |
| Price | $498.9K | $700.0K | 14% |
| Price per sq ft | $466 | $532 | 19% |
| Built year | 1986 | 1987 | 48% |
| HOA | $617.0 | $491 | 95% |
| Days on market | 48 | 126 | 10% |
Apr 1, 2026
$498,888
$525,000
-5% Price Drop
Initial Listing
Mar 5, 2026
$525,000
Initial Listing
Dec 31, 2014
$339,000
Public Record
May 31, 2012
$195,000
Public Record
Apr 30, 1999
$156,500
Public Record