Residential Development Land
For Sale
$1,400,000
275 Possum Park Road, Newark, DE 19711
Mostly cleared, generally level residentially zoned land totaling 3.3± acres, with trees along portions of the perimeter.
Property SizeContact for details
Days on Market160
Property Features for 275 Possum Park Road
General Information
Standard status
Active
Property subtype
Land / Fee Simple
Zoning
18RD
Taxes and HOA fees
Annual Taxes
$923
Listing Agency:
Long & Foster Real Estate, Inc.
(302) 312-9582
Listed By:
David Arthur · License #RS0039846
(302) 312-9582
Source:
Compass
Added: Mar 1
Changed: Aug 8
Last Checked: Mar 25 at 12:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This offering consists of residentially zoned land totaling 3.3± acres. The property is mostly cleared and features generally level topography, with trees along portions of the perimeter. The site layout is described as suitable for potential residential development, subject to subdivision approval and municipal review.
The property is in the City of Newark limits and located in New Castle County, with convenient access to major roads. It is also noted as being close to the University of Delaware campus.
From a development standpoint, the combination of mostly cleared, generally flat terrain and a perimeter treeline may support a variety of subdivision layouts, pending local approvals.
The property is in the City of Newark limits and located in New Castle County, with convenient access to major roads. It is also noted as being close to the University of Delaware campus.
From a development standpoint, the combination of mostly cleared, generally flat terrain and a perimeter treeline may support a variety of subdivision layouts, pending local approvals.
Key Highlights
- 3.3± acres of residentially zoned land in the City limits of Newark area (MLS Area: Newark/Glasgow 30905).
- Mostly cleared lot with generally level topography and trees along portions of the perimeter.
- Established neighborhood setting with convenient access to major roads.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 19711, DE
48,477
Population
20,617
Households
2.4
Avg Household Size
37
Median Age
53%
College-Educated
95%
High-School Grad
27.4 sq mi
ZIP Area
1,769
Density / Sq Mi
$94,455
Median Household Income
$43,790
Median Earnings
$1,516
Median Rent
$376,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Mostly cleared, generally level residentially zoned land totaling 3.3± acres, with trees along portions of the perimeter.
Where is this residential land & home lot located?
The property is located at 275 Possum Park Road Newark, DE.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 3.3± acres of residentially zoned land in the City limits of Newark area (MLS Area: Newark/Glasgow 30905).; Mostly cleared lot with generally level topography and trees along portions of the perimeter.; Established neighborhood setting with convenient access to major roads.
