}

0 Paper Mill Road, Newark, DE 19711 $450,000

Beds/Baths: /
Acreage: 1.91
Zoning:
18PL
MLS#: DENC2031452

Description

Prime 1.9 Acre Wooded Oasis in the heart of Newark. Nestled amid the vibrant City of Newark, this remarkable 1.9+/- acre wooded parcel is a hidden gem offering a world of possibilities. Located in close proximity to the University of Delaware, this property presents a golden opportunity for investors and developers seeking to make their mark in this bustling community. Property Highlights: Size: Approximately 1.9 acres of lush, wooded terrain, providing a natural sanctuary within city limits. Location: Situated right in the heart of Newark, this property offers unparalleled convenience. It's within easy walking distance to most of the University of Delaware, making it an ideal location for student housing. Versatility: The property's zoning was surveyed as 50% Residential and 50% Industrial, offering a versatile canvas for your vision. Whether you dream of creating student housing, a parking lot, or a storage facility, this land can accommodate a variety of purposes. Access: Convenient road access via Paper Mill Road ensures ease of transportation to and from the property. Zoning Correction: The seller is committed to working with the new owner to correct the zoning, aligning it with the surveyed residential/industrial designation. Surrounded by Opportunities: This parcel enjoys a convenient location between N. College Ave and Papermill Rd, at the intersection of Creek View Rd. It's flanked by 16 residential properties to the North West, Kershaw Park to the North East, and Delmarva Power Station to the South. Situated between White Clay Creek and Delmarva Power Station, this property offers a unique blend of nature and urban proximity. Entrance Easement: Delmarva Power holds an easement on the front footage to allow access to the Delmarva Power Station. Don't miss your chance to secure this exceptional 1.9+/- acre parcel in the heart of Newark. Whether you're looking to invest, develop, or create a unique urban oasis, this property holds the key to a host of exciting opportunities. Don't miss out on this opportunity. Reach out today to explore the potential of this prime piece of real estate and turn your vision into reality!

Taxes: $4
Lot Dimens: 1419 ft x 65 ft
Front Footage:
School Dist: Christina
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Water - None, No Septic System, No Sewer System

Lot
Backs - Parkland, Gravel Road

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (20 schools)

School District Grades Place Distance
Maclary (R. Elisabeth) Elementary School Christina School District K–5 Newark 1.23 mi
West Park Place Elementary School Christina School District K–5 Newark 1.23 mi
Downes (John R.) Elementary School Christina School District K–5 Newark 1.42 mi
Brookside Elementary School Christina School District K–5 Newark 1.91 mi
McVey (Joseph M.) Elementary School Christina School District K–5 Newark 2.31 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.33 mi
Smith (Jennie E.) Elementary School Christina School District K–5 Newark 2.4 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.56 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 2.59 mi
Wilson (Etta J.) Elementary School Christina School District K–5 Newark 3.01 mi
Newark Charter School Newark Charter School K–12 Newark 3.15 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 3.72 mi
Forest Oak Elementary School Red Clay Consolidated School District K–5 Newark 3.77 mi
Gallaher (Robert S.) Elementary School Christina School District K–5 Newark 3.93 mi
Cecil Manor Elementary Cecil County Public Schools Preschool–5 Elkton 4.13 mi
Heritage Elementary School Red Clay Consolidated School District K–5 Wilmington 4.21 mi
Brader (Henry M.) Elementary School Christina School District K–5 Newark 4.36 mi
Linden Hill Elementary School Red Clay Consolidated School District K–5 Wilmington 4.39 mi
Marshall (Thurgood) Elementary School Christina School District K–5 Newark 4.67 mi
Jones (Albert H.) Elementary School Christina School District K–5 Newark 4.92 mi

Public Middle (9 schools)

School District Grades Place Distance
Brennen School (The) Christina School District Preschool–12 Newark 2.33 mi
Kirk (George V.) Middle School Christina School District 6–8 Newark 2.42 mi
Shue-Medill Middle School Christina School District 6–8 Newark 2.5 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.56 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 2.59 mi
Gauger-Cobbs Middle School Christina School District 6–8 Newark 2.71 mi
Newark Charter School Newark Charter School K–12 Newark 3.15 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 3.72 mi
Skyline Middle School Red Clay Consolidated School District 6–8 Wilmington 4.18 mi

Public High (9 schools)

School District Grades Place Distance
Newark High School Christina School District 9–12 Newark 0.84 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.33 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 2.56 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 2.59 mi
Newark Charter School Newark Charter School K–12 Newark 3.15 mi
Christiana High School Christina School District 6–12 Newark 3.36 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 3.72 mi
Glasgow High School Christina School District 9–12 Newark 4.06 mi
Dickinson (John) School Red Clay Consolidated School District 6–12 Wilmington 4.91 mi

Private (9 schools)

School Grades Place Distance
The College School Nonsectarian 2–8 Newark 1.05 mi
Newark Center For Creative Learning Nonsectarian K–8 Newark 1.25 mi
Islamic Academy Of Delaware Islamic Preschool–8 Newark 3.04 mi
Tarbiyah Islamic School Of Delaware Islamic Preschool–8 Newark 3.3 mi
Delaware Tarbiyah School Islamic Preschool–8 Newark 3.5 mi
Tutor Time Child Care Nonsectarian Preschool–K Newark 3.69 mi
St Mark's High School Roman Catholic 9–12 Wilmington 3.94 mi
The Independence School Nonsectarian Preschool–8 Newark 4.33 mi
Learning Express Academy Nonsectarian K–8 Newark 4.95 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Newark (19711), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 23
  • Average salary of people in this community: $56,866

Community Summary

  • Population Density (ppl / mile): 1,943
  • Household Size (ppl): 2.60
  • Households w/ Children: 45%

Housing Inventory

  • Owned: 12,610 (59.8%)
  • Rented: 6,997 (33.2%)
  • Vacant: 1,481 (7.0%)
  • Total: 21,088

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 53,194
Households: 19,607
Median Age: 34.30

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.8%
  • Some High School: 3.5%
  • High School Graduate: 20.2%
  • Some College: 16.5%
  • Associate Degree: 7.6%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 22.5%

Income by dollar range

Median Income: $78,818

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,114
  • One Bedroom: $1,050
  • Two Bedroom: $1,232
  • Three Bedroom: $1,596
  • Four Bedroom: $1,889

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: EXP Realty, LLC , (888) 543-4829, de.broker@exprealty.net

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 3/28/2024.

0 Paper Mill Road, Newark, DE 19711

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