
Newark, California 94560
This townhouse presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well above the $434,422 Fair Market Value by -14%. While the property requires a full rehab due to its Poor Condition Rating, it offers significant value-add potential through modernization. Residents benefit from resort-style amenities, including two pools, a spa, and tennis courts. Located near Highway 880 and Newark Memorial High School, this asset is well-suited for Buy-and-Hold Investors or Contractors seeking a project with strong commuter appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6043 Joaquin Murieta Ave D Subject | $499,000* List Price | 2 | 1 | 941 | $462 | - |
A 6281 Joaquin Murieta Avenue F Sold | $608,000 | 2 | 2 | 1,132 | $537 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1986 (38 years old), placing it in the 'Poor' category based on the age criteria (>30 years) without evidence of a major renovation. While the flooring appears updated, the presence of popcorn ceilings, dated brass hardware, and original-style fixtures suggests the systems and interior are nearing the end of their functional lifespan and require a full rehab.
The Newpark Village community offers an impressive array of amenities including two swimming pools, a spa, tennis courts, a gym, and a clubhouse, providing a lifestyle-rich environment for residents.
Ideally situated with immediate access to Highway 880 and public transportation, this property is perfectly positioned for professionals commuting throughout the Silicon Valley and East Bay.
The monthly HOA fee includes essential utilities such as water, sewer, and garbage pick-up, offering convenience and helping to stabilize monthly living expenses.
At $615 per month, the association fees are relatively high for this price point, which may impact the overall affordability and mortgage qualification for some buyers.
With two bedrooms but only one bathroom, the floor plan may be less competitive for families or co-living situations compared to units offering a second half-bath or master ensuite.
Peaceful location in Newark. Kitchen includes: Refrigerator, Electric Range/Oven, Microwave, and Garbage Disposal. The living room features an inviting Fireplace to keep you cozy. Relax on your private patio, or take advantage of the resort-style amenities. Have a get-together at the Clubhouse, take a swim in one of the two pools, unwind in the Spa, and get active on the Tennis Courts or in the Gym. Need to commute? Public transportation and Highway 880 are moments from your doorstep. HOA includes: Amenities, Water, Sewer, and Garbage pick-up. Walking distance to Abundant Shopping. MUST SEE! Do Not miss it!
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 7-8 • 2.6 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 42% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 941 | 1,528 | 8% |
| Lot Size | - | 1,159 | 42% |
| Price | $499.0K | $817.5K | 8% |
| Price per sq ft | $530 | $554 | 42% |
| Built year | 1986 | 1987 | 50% |
| HOA | $615.0 | $540 | 67% |
| Days on market | 34 | 137 | 8% |
May 11, 2026
$499,000
Initial Listing
Aug 31, 1999
$172,000
Public Record