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37523 Shelter Rd, Newark, CA, 94560

3beds
2baths
1,490sqft
$950,000
$638price/sqft
$6,256/moest. monthly cost
$250,240/yrincome needed

About This Home

Huge price reduction!! Beautifully maintained corner-unit home in most desirable Newark neighborhood, offering 3 bedrooms, 2 bathrooms, and a bright, open-concept floor plan designed for comfortable everyday living. The sun-filled living room flows seamlessly into the modern kitchen, featuring a large island with breakfast bar, quartz countertops, stainless steel appliances, a brand-new refrigerator, and abundant cabinetry. The spacious primary suite offers a private ensuite bath, generous closet space, and Hunter Douglas blackout shades on all windows for added comfort. The oversized laundry room includes extra cabinetry and overhead storage, while a separate spacious storage room provides plenty of space for seasonal items, hobbies, or everyday organization. Additional highlights include wood and tile flooring, central A/C, a built-in vacuum system, a private deck, and an attached 2-car garage. Residents enjoy access to a clubhouse, playground, greenbelts, and walking trails. Ideally located near NewPark Mall, Pacific Commons, Costco, Coyote Hills Regional Park, the Dumbarton Bridge, I-880, shopping, dining, major Silicon Valley employers, and Meta shuttle access, this home offers exceptional convenience for work, recreation, and daily living.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

7/10
6/10

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Other
  • Roof: Composition

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: DiningAreainLivingRoom

Family Room

  • Features: NoFamilyRoom

Features

  • Number of fireplaces: 1
  • Fireplace features: Living Room

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,490
  • Total interior livable area: 1,490 sqft

Property

Details

  • Parcel number: 0920257161
  • Zoning: na
  • Special condition: Standard

Features

  • Stories: 3

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Coastal Flooding
Heat Wave

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance *$92$1,104
Property Taxes $963$11,556
Electricity $398$4,786
Total$6,256$75,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$214,491/yr
40% on housing$187,680/yr
45% on housing$166,826/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$638This listing

vs Other Active Listings

Avg $/sqft

ZIP 94560$615
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94560$784
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Contingent$899,000
2026-08-06Price change$899,000
2026-07-02Listed for sale$950,000
2020-06-09Listing removed$888,000
2020-06-09Listed for sale$888,000
2020-06-08Sold$902,000
2020-04-17Pending sale$888,000
2020-04-10Listed for sale$888,000

For Sale by Agent

AgentKhyati Karia
BrokerageRedfin

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