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7318 Carter Ave, Newark, CA 94560

$1.15M3bd · 3ba · 2,006 sqft
Lot 2,642 sqft•HOA $141/mo•Single Family Residence•
Active
•27d on market•MLS# 01-41148315

Property Description

PRICED TO SELL AND OFFERING BUYERS A CREDIT TOWARD AN INTEREST RATE BUY-DOWN OR CLOSING COSTS. Located in Newark’s desirable Carter Station community, this contemporary north-facing home offers 3 bedrooms, 2.5 bathrooms, a versatile bonus loft, and 2,006 square feet of living space. With an exceptional amount of living space for the price, this home offers impressive value per square foot and a spacious, thoughtfully designed floor plan. The home offers amazing curb appeal with mature, beautifully maintained landscaping and a secure gated entry, all maintained by the HOA. The bright living room features abundant windows, soaring two-story ceilings, and an adjacent dining area. The spacious kitchen offers stainless steel appliances, generous counter space, a pantry cabinet, and center island for added workspace and casual dining. Adjacent to the kitchen is a comfortable den with a fireplace and TV area, creating a welcoming space for relaxing and gathering. A beautiful open staircase leads to the upper level, where an oversized loft provides flexible space for a home office, family room, playroom, or other lifestyle needs. The loft could also be enclosed to create a spacious fourth bedroom. A convenient laundry room is also located upstairs. The spacious primary bedroom features a private ensuite bathroom with dual sinks, soaking tub, separate stall shower, and large walk-in closet. Additional features include wood laminate flooring throughout the main level, new carpet, an attached two-car finished garage, central air conditioning, and a low-maintenance backyard with stamped concrete patio and planter box. Enjoy a convenient Newark location near shopping, dining, and outdoor recreation, including Starbucks, NewPark Mall, the Farmers Market, Coyote Hills, and Don Edwards San Francisco Bay National Wildlife Refuge. Commuters will appreciate easy access to I-880 and Highway 84/Dumbarton Bridge, with convenient connections to Silicon Valley and major Bay Area employment centers, including Meta and Tesla.

Features & Amenities

FeeBuilt 1999

Property Details

Land Type
Fee
Year Built
1999
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet, Laminate
Roof
Shingle
City
Newark
Zip Code
94560
County
Alameda
Listed byColdwell Banker Realty, Brooke Crossland

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,815.03
Principal & Interest
Loan Amount
$920,000
Total Interest
$1,173,409
Total Payment Over 30 Years
$2,093,409
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

7318 Carter Ave, Newark, CA 94560

Newark · Single Family Residence

$1.15M
Residential Tier
Beds
3
Baths
3
Sqft
2,006
Lot
2,642 sqft
Year
1999
$/Sqft
$573
Pool: No✓
Garage: 2-car✓

Listed 14.8% below the median closed sale of $1,350,000. Price per sqft ($573) is a 13% discount to closed comps ($661). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.15M· $573/sqft
Total list price
Closed comps
vs closed median $1.35M
−$200K (−14.8%)
Active comps
vs active median $1.47M
−$318K (−21.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $802
−$229 (−28.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9177 Wave Cove WayNewark2021442,2891,800$641$1.47M3178
39807 SpadefootNewark2020432,0684,685$957$1.98M3873
38475 Jacaranda DrNewark1975431,6787,020$893$1.50M2469
36746 Peach Ct.Newark1974431,9467,732$694$1.35M3069
6440 Lotus CtNewark1963321,6417,102$825$1.35M10266
Total: 5 · Average3.83.01,924.45,667.8$802$1.53M45
Median1,946$1.47M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
9137 Seawind WayNewark202008/04/2026341,9841,734$1.25M$1.30M$6541.044785
37764 Hickory StNewark201808/21/2026432,1923,080$1.60M$1.58M$7200.992281
36088 Salisbury DrNewark197208/10/2026431,9284,104$1.30M$1.35M$7001.042479
36671 Ponderosa Ct.Newark197708/31/2026331,9537,754$1.40M$1.38M$7040.986577
38182 Luma TerNewark201508/31/2026442,4051,964$1.30M$1.27M$5280.985577
Total: 5 · Average3.63.42,092.43,727.2$1.37M$1.37M$661.2—42.6
Median1,984$1.35M$1.35M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.