Prime 1.9 Acre Wooded Oasis in the heart of Newark.

Nestled amid the vibrant City of Newark, ths 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!

Request Information
on Paper Mill Rd
in Newark, DE
Presented by Matthew R Wright at
EXP Realty.


Property MLS #DENC2031452 from BrightMLS

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+ Land Info

Lot Size Acres: 1.9099863
Lot Size Square Feet: 83198

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

School District: CHRISTINA
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Newark High School is a public high school located approximately 0.9 miles away.
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Downes (John R.) Elementary School is a public elementary school located approximately 1.4 miles away.
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Shue-Medill Middle School is a public middle school located approximately 2.5 miles away.
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The College School is a private elementary and middle school located approximately 0.7 miles away.
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+ Other Property Info

Annual Tax Amount: 4.0
Source Listing Status: Active
County: NEW CASTLE
Current Use: Vacant
Ownership: Fee Simple
Source Property Type: Land
Area: NEW CASTLE
Source Neighborhood: NEW CASTLE
Property Subtype: Land
Source System Name: C2C
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Listed 2022-09-15
$450,000
BrightMLS