0 Paper Mill Road
Newark, DE 19711
- – beds
- – baths
- – sqft
- ~2 acre lot
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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!
Last checked:
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Last updated Dec 12, 2024
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MLS# DENC2031452 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Negotiable
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Buyer Financing:Cash
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Possession:0-30 Days CD, 31-60 Days CD, 61-90 Days CD, Negotiable, Immediate
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Lease Considered:No
Location
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Directions:Road frontage is estimated 22 feet of road frontage at the light across from Timothy's between the walking bridge and Delmarva Power Station.
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Cross Street:Creek View Rd
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Latitude:39.68861720
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Longitude:-75.75078291
The Property
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Property Subtype:Land
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Property Type:Land
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Current Use:Vacant
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Lot Size Units:Square Feet
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Lot Size Acres:1.91
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Lot Size Source:Assessor
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Lot Size Dimensions:1419 ft x 65 ft
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Lot Dimensions Source:Estimated
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Lot Features:Backs - Parkland
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Lot SqFt:83,199 Sqft
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Additional Parcels:No
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Zoning Description:Parkland
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Zoning:18PL
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Road Surface Type:Gravel
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In City Limits:Yes
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Horse:No
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Water View:No
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Wooded Acres:1.91
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Front Foot Fee:22.30
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (302) 283-9785
- Office phone:
- (888) 543-4829
Taxes
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Tax ID Number:18-014.00-293
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Tax Year:2022
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Tax Lot:293
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Tax Annual Amount:$4
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Tax Assessed Value:$100
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Year Assessed:2022
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School Tax:3.0
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City/Town Tax:1.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Utilities
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Sewer/Septic:No Sewer System, No Septic System
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Water Source:None
Schools
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School District Name:Christina
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School District Source:Listing Agent
The Community
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HOA:No
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Condo/Coop Association:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/24/24
Jul 24, 2024
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Sold | BRIGHT | $355,000 | -21.1% (-11.4% / YR) |
|
9/15/22
Sep 15, 2022
|
Listed / Active | BRIGHT | $450,000 |
