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0 Paper Mill Road, Newark, DE 19711
$450,000
0 Paper Mill Road, Newark, DE 19711View this property at 0 Paper Mill Road, Newark, DE 19711
0 Paper Mill RoadNewarkDE19711
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Property 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!
Full Property Details
Full Property Details for 0 Paper Mill Rd
General
- Price: $450,000
- Taxes: $4 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: DENC2031452
- Updated: 9/1/2023
- Added to Site: 590 day(s) ago
Location
- Area: Newark/Glasgow (30905)
- County: New Castle
- Cross Streets: Creek View Rd
- Driving 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.
- City Limits: Yes
School Information
- School District: Christina
Utilities
- Sewer: No Sewer System, No Septic System
- Water: None
Structural Information
- Stories/Levels: 0
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 1.91
- Wooded Acres: 1
- Lot Size (Sq. Ft.): 83,199
- Lot Size Source: Assessor
- Lot Dimensions: 1419 ft x 65 ft
- Street/Road Desc.: Gravel
- Lot Features: Backs - Parkland
- Zoning: 18PL
- Lot Description: Backs - Parkland
Financial Considerations
- Price Per Sq. Ft.: $5.41
- Assessment Year: 2022
- School Tax: $3
- City/TownTax: $1
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $100
- Tax Amount: $4
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 293
Listed by EXP Realty, LLC, MATTHEW R WRIGHT
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Schools
Schools serving 0 Paper Mill Rd
School District:Christina School District
Rating | Name | Grades | Distance |
---|---|---|---|
220 Casho Mill Rd, Newark, DE 19711 | PK-5 | 1.6 mi | |
1500 Capitol Trl, Newark, DE 19711 | 6-8 | 2.4 mi | |
750 E Delaware Ave, Newark, DE 19711 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 Paper Mill Rd
Date
Details
Price
Change
Source
9/15/2022
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Paper Mill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
$349,800
—
2022
100%
$349,800
—
2021
100%
$349,800
—
2020
—
$349,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Paper Mill Rd
0 Paper Mill Road, Newark, DE 19711 (MLS# DENC2031452) is a Lots/Land property with a lot size of 1.91 acres. 0 Paper Mill Road is currently listed for $450,000 and was received on September 15, 2022. Want to learn more about 0 Paper Mill Road? Do you have questions about finding other Lots/Land real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.