68 RAY STREET, NEWARK, DE 19711
NEWARK · NEW CASTLE County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1963
Living Area
1,125 sq ft
Lot Size
0.36 acres
Lot Dimensions
69.40 x 255.00
Parking Spaces
2
Zoning
18RD
Days on Market
1
MLS® Listing#
DENC2106304
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Laundry
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- CHRISTINA
Financial Details
HOA
None
Annual Taxes
$3,465
Tax year 2025
Assessed Value
$307,100
Parcel Number
18-013.00-139
Directions
68 Ray Street
Affordability Calculator
$135,000
Estimated monthly payment
$3,593/mo
Principal $540,000 · Est. interest $753,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in NEWARK, DE
- $446,552
- Median Listing Price
- 40
- Median Days on Market
- 1,850
- Median Sq Ft
- $216
- Median Price / Sq Ft
- 139
- Active Listings
- This home’s price is 51% above the area median.
- Its price per sq ft is 178% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in NEWARK, DE.
Location
Points of Interest in NEWARK, DE
Showing the NEWARK area map.
Nearby Schools
Newark United Methodist Church
Elementary · 0.5 mi away
College School
School · 0.7 mi away
West Park Place Elementary School
Elementary · 1.0 mi away
Downes (John R.) Elementary School
Elementary · 1.1 mi away
Christina School District
Secondary · 1.1 mi away
Willa Road Children's Center
School · 1.1 mi away
Newark High School
Secondary · 1.1 mi away
Newark Center for Creative Learning
Elementary · 1.1 mi away
The College School
School · 1.3 mi away
Maclary (R. Elisabeth) Elementary School
Elementary · 1.6 mi away
Temple Beth El
Elementary · 2.0 mi away
Great New Beginnings School
School · 2.0 mi away
Newark Charter School
Elementary · 2.0 mi away
Holy Angels School
Secondary · 2.0 mi away
St Paul's Lutheran School
Elementary · 2.1 mi away
Brookside Elementary School
Elementary · 2.1 mi away
Jennie E. Smith Elementary School
Elementary · 2.5 mi away
Networks School for Employability Skills
School · 2.5 mi away
Brennen School (the)
School · 2.7 mi away
Kirk Middle School
Secondary · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 331 WARE ROAD, NEWARK, DE | $485,000 | 4 | 3 | 1,949 |
| 24 WAKEFIELD DRIVE, NEWARK, DE | $498,000 | 5 | 3 | 1,969 |
| 806 N COUNTRY CLUB DRIVE, NEWARK, DE | $499,900 | 4 | 3 | 2,300 |
| 1205 NOTTINGHAM ROAD, NEWARK, DE | $519,999 | 4 | 3 | 2,925 |
| 43 THE HORSESHOE, NEWARK, DE | $520,000 | 4 | 3 | 1,900 |
| 808 ROCK LANE, NEWARK, DE | $525,000 | 4 | 3 | 2,100 |
Moving Cost Estimate
EXIT Agents in NEWARK
Listing Courtesy: Zommick McMahon Commercial Real Estate - 6103591100