Property Overview:
5923 Musick Ave is a single-family home in Newark, CA, built in 1954. It features 3 bedrooms, 1 bathroom, and 956 sq. ft. of living space, plus a bonus room (permits unknown). The home includes a parking garage and sits on a 7,927 sq. ft. lot. The estimated home value is $948,800 (sold for $560,000 in 2016).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.2% (lower than state average of 11.8%).
- Property crime risk: 10.5% (slightly lower than state average of 10.8%).
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Schools:
Nearby schools include E. L. Musick Elementary, Newark Junior High, Crossroads High (Alternative), and Bridgepoint High (Continuation).- Average SAT score: 1000 (510 Math, 490 English)—above state average of 975.
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Job Market:
- 56.8% white-collar jobs, 43.2% blue-collar jobs.
- Unemployment rate: 4.0% (lower than state average of 4.7%).
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Demographics:
- Community population: 42,218 (13.2% growth since 2000).
- 77.1% families with children.
- Largest age group: 25-34 years (14.98%), followed by 35-44 years (14.85%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 47.8°F (January), 80.4°F (July).
- Average rainfall: 18.1 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $77,621.
- Average annual spending: $58,229.
Property Features:
- Ready to move in with 3 bedrooms, 1 bath, and a bonus room (permits unknown).
- Well-maintained backyard.
- Corner lot with nearly 8,000 sq. ft.—potential to add an ADU.
- Great floorplan—ideal for contractors and investors as a fixer-upper.
- Close proximity to schools, grocery stores, freeway, and Dumbarton Bridge.
Location Benefits:
- Desirable Newark neighborhood with family-friendly community.
- Convenient access to commuting routes and local amenities.
- Strong potential for future value growth and expansion (ADU opportunity).