5 TERRY LANE, NEWARK, DE 19711
TERRY MANOR · NEW CASTLE County
Key Facts
Description
STUDENT RENTAL - 4 bed, 2 full bath single-family home, 1,176 SF, built 1955, on 0.18 acres. Currently leased at $3,500/month, 100% occupied. Part of an 8-property student rental portfolio near University of Delaware.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1955
Living Area
1,175 sq ft
Lot Size
0.18 acres
Lot Dimensions
60 X 120
Parking Spaces
2
Zoning
18RD
Days on Market
1
MLS® Listing#
DENC2106236
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Pool
Parking
Laundry
Fencing
Lot Features
Construction
Foundation
Community
Sewer
Water Source
Schools
- Elementary:
- DOWNES
- Middle:
- SHUE-MEDILL
- High:
- NEWARK
- District:
- CHRISTINA
Financial Details
HOA
None
Annual Taxes
$3,398
Tax year 2025
Assessed Value
$301,100
Parcel Number
1801300079
Directions
5 Terry Lane
Affordability Calculator
$108,000
Estimated monthly payment
$2,874/mo
Principal $432,000 · Est. interest $602,678 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 21% above the area median.
- Its price per sq ft is 113% 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 · 0.6 mi away
College School
School · 0.8 mi away
Downes (John R.) Elementary School
Elementary · 0.9 mi away
West Park Place Elementary School
Elementary · 1.0 mi away
Willa Road Children's Center
School · 1.0 mi away
Newark Center for Creative Learning
Elementary · 1.1 mi away
Christina School District
Secondary · 1.2 mi away
Newark High School
Secondary · 1.2 mi away
The College School
School · 1.4 mi away
Maclary (R. Elisabeth) Elementary School
Elementary · 1.8 mi away
Newark Charter School
Elementary · 1.9 mi away
Temple Beth El
Elementary · 2.1 mi away
St Paul's Lutheran School
Elementary · 2.1 mi away
Great New Beginnings School
School · 2.1 mi away
Holy Angels School
Secondary · 2.2 mi away
Brookside Elementary School
Elementary · 2.2 mi away
Networks School for Employability Skills
School · 2.6 mi away
Jennie E. Smith Elementary School
Elementary · 2.6 mi away
MRDC Head Start
School · 2.7 mi away
Newark Charter School
School · 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 |
|---|---|---|---|---|
| 403 ROSEWOOD DRIVE, NEWARK, DE | $379,900 | 4 | 3 | 1,325 |
| 1 W ELGIN COURT, NEWARK, DE | $385,000 | 3 | 2 | 1,650 |
| 3004 ROSETREE LANE, NEWARK, DE | $389,900 | 3 | 2 | 1,225 |
| 26 ALWYN ROAD, NEWARK, DE | $398,000 | 4 | 2 | 1,650 |
| 202 WELSH TRACT ROAD, NEWARK, DE | $399,000 | 3 | 2 | 1,625 |
| 6 THREE RIVERS DRIVE, NEWARK, DE | $399,900 | 3 | 3 | 1,575 |
Moving Cost Estimate
EXIT Agents in NEWARK
Listing Courtesy: Zommick McMahon Commercial Real Estate - 6103591100