INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of funds Seller will show the property and give more information.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1920
Stories: 3
Living Area: 975 SqFt
Listing Office:
Office Name: Crown Homes Real Estate
Office Phone: (302) 504-6147
Listing Agent: Corey J Harris
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: On New London Ave
Price Information
Listing Price Info
Price Summary:
List Price: $6,630,000
Price Per SqFt: $6,800/SqFt
Tax Information:
Annual Amount: $634
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newark, DE.
This property is $6.2M more than the Median Sold Price and $6.6K/SqFt more than other homes in Newark, DE.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DENC2058646
Listing Office:
Office Name: Crown Homes Real Estate
Office Phone: (302) 504-6147
Listing Agent: Corey J Harris
Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
West Park Place Elementary School
193 W Park Pl
Distance between this listing and this school0.83 miles
Public District Grades KG-5
6
/10
Downes (John R.) Elementary School
220 Casho Mill Rd
Distance between this listing and this school0.99 miles
Public District Grades KG-5
7
/10
Maclary (R. Elisabeth) Elementary School
300 Saint Regis Dr
Distance between this listing and this school1.70 miles
Public District Grades KG-5
Nearby Schools
2
/10
Kirk (George V.) Middle School
140 Brennen Dr
Distance between this listing and this school2.67 miles
Public District Grades 6-8
2
/10
Gauger-Cobbs Middle School
50 Gender Rd
Distance between this listing and this school2.80 miles
Public District Grades 6-8
2
/10
Shue-Medill Middle School
1500 Capitol Trl
Distance between this listing and this school2.95 miles
Public District Grades 6-8
Nearby Schools
3
/10
Newark High School
750 E Delaware Ave
Distance between this listing and this school1.06 miles
Public District Grades 9-12
9
/10
Newark Charter School
200 McIntire Dr
Distance between this listing and this school2.69 miles
Public Charter Grades KG-12
5
/10
Christiana High School
190 Salem Church Rd
Distance between this listing and this school3.59 miles
The neighbors living near this home have an average income of $77,667. The most common annual income of people living in Newark, DE is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Newark, DE
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Newark, DE.
Newark's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences. The architectural styles in Newark are eclectic, with a blend of contemporary, colonial, and ranch-style homes. A significant portion of the housing stock was developed in the late 20th century, reflecting a period of growth and expansion in the area.
What is it like to live in Newark, DE?
Newark is celebrated for its vibrant community spirit and cultural events, such as the Newark Film Festival and the annual Food and Brew Fest. The city prides itself on its blend of urban amenities and suburban comfort, creating an inviting atmosphere for both residents and visitors.
Is it easy to get around Newark, DE without a car?
The community benefits from a robust educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Newark are comprehensive, offering a range of services from primary care to specialized treatments. The city also features a selection of retail and dining options that showcase local flavors and cultures, with ongoing initiatives to enhance these services to meet the needs of its growing population.
Transportation in Newark, DE.
Newark's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within and beyond the city. Public transportation services are available, providing connections to key areas. The city is also focused on improving walkability and bikeability, particularly in the downtown area, to promote a more sustainable and accessible environment for residents and commuters.
Frequently Asked Questions About 55 New London Ave
What is the listing price of this property?
The listing price of 55 New London Ave property is $6,630,000.
What type of property is this?
The property 55 New London Ave is a townhouse located in Newark, Delaware, 19711.
Is this property for sale now?
Active Listing: 55 New London Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $634 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 55 New London Ave has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 55 New London Ave is 975 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 55 New London Ave is 1920.
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This home is located at 55 New London Ave in Newark, DE and zip code 19711. This 975 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $6,630,000.
While more than 31 listings in Newark, DE in November 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 20 were sold below. The inventory of homes for sale in Newark, DE between October 2024 and November 2024 decreased by 6.5%. In November 2024, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $365,183.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. 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 participates, and is provided by BRIGHT through a licensing agreement. 
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