Listed By:
Mark C Trani with Zommick McMahon Commercial Real Estate - 6103591100;
Address
68 Ray Street, Newark, DE
Price
$ 650,000
Property Attributes
  • ID#DENC2110826
  • TypeSingle Family
  • Listing Status ACTIVE
  • CountyNEW CASTLE
  • CityNewark
  • AreaNewark-Glasgow
  • NeighborhoodNewark
  • Zip19711
  • StyleRaised Ranch/Rambler
  • Year Built1963
  • Taxes$ 3465
  • Price$ 650,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1125
  • Lot Size0.36 Acres
Data Source:
Bright MLS
Property Description

STUDENT RENTAL - 5 bed, 2 full bath single-family home, 2,250 SF, built 1963, on 0.36 acres. Currently leased at $4,500/month ($54,000/year), 100% occupied. Part of an 8-property student rental portfolio near University of Delaware; price subject to adjustment if sold separately from portfolio.

Price History
9/9/2026 Listed $650,000

General Features

Living Area 1125
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Natural Gas Available,Electric Available
Possession 0-30 Days CD,31-60 Days CD
Roof Asphalt
Zoning 18RD
Architectural Style Raised Ranch/Rambler
Construction Materials Vinyl Siding
School District CHRISTINA
Year Built 1963
Electric 200+ Amp Service
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County NEW CASTLE
New Construction No
Property Type Residential
HOA No
Subdivision Name NEWARK
Facing Direction South
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 2
Status ACTIVE
Directions 68 Ray Street
City NEWARK
Senior Community Y/N No
MLS Area Newark/Glasgow (30905)
Lot Size Units Square Feet
Lot Size Square Feet 15682.00
Tax Assessed Value 307100.0
Tax Annual Amount 3465.0
Property Condition Good
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 577.78
Vacation Rental Y/N No
Total SQFT 1125
Standard Status Active
Year Built Source Estimated
Legal Subdivision NEWARK HOUSING ASSOC
Tax Lot 139
Total Actual Rent 54000.00

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Window Features Energy Efficient
Above Grade Finished Area 1125
Central Air Y/N Yes
Total Bedrooms 5
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Laundry Type Lower Floor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Pool No Pool
Water Source Public
Type of Parking Driveway,On Street
Foundation Details Permanent
Water View Y/N No
Lot Dimensions 69.40 x 255.00
Lot Size Acres 0.36
Lot Size Source Estimated
Waterfront Y/N No
Land Assessed Value 82100.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 19711

Price
AVG $520K
$650K
Taxes
AVG $4,347
$3,465
Year Built
AVG 1970
1963
Visits
AVG 139
6
Data Provided by Inside Real Estate®

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