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0 Paper Mill Road

NEWARK, DE 19711
  • $450,000
  • STATUS: Active
  • ON SITE: 677 Days
  • ID#: DENC2031452
$450,000
  • 0
    BEDS
  • 1.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

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!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. 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. Data last updated: 2024-07-23T23:50:16.573.
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0 Paper Mill Road NEWARK, DE 19711

  • Price: $450,000
  • Status: Active
  • On Site: 677 Days
  • ID#: DENC2031452
0
Beds
0
Baths
0
½ Baths
1.91
Acres
Neighborhood:
Newark/Glasgow (30905)
County:
New Castle
Area:
Newark/Glasgow (30905)
School District:
Christina
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!
Exterior Features

Garage YN No Lot Features Backs - Parkland Road Surface Type Gravel Water Access YN No Water View YN No Waterfront YN No Wooded Area 1.91

Property Features

Acceptable Financing Negotiable Association YN No Central Air YN No Condo YN No Construction Completed YN No Cross Street Creek View Rd Current Use Vacant Federal Flood Zone YN No Horse YN No Lease Considered YN No Navigable Water YN N Original MLSNumber 801883842976 Ownership Interest Fee Simple Property Sub Type Land Sale Type Standard Sewer No Sewer SystemNo Septic System Tax Annual Amount 4.00 Tax Lot 293 Vacation Rental YN No Water Source None Zoning 18PL Zoning Description Parkland

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Erik Hoferer & Associates | Long & Foster. 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. Data last updated: 2024-07-23T23:50:16.573.
 
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Erik Hoferer & Associates | Long & Foster
314 E Main Street Unit 406
Newark DE, 19707