130 Madison Drive, Newark, DE 19711-4406 $230,000

Beds/Baths: 4/1.1
Interior Sq. Ft: 1,120
Acreage: 0.04
Age:70 years
Style:
Colonial
MLS#: DENC2069342
Mobile#: 2073
Subdivision: College Park
Design/Type:
Interior Row/Townhouse

Description

Opportunity knocks! This west Newark townhome is an income producing rental property in great condition. Hardwood floors in the living room, dining room and bedrooms. Three bedrooms and full bath upstairs. Partially finished basement with 4th BR or den and half bath. Egress from the basement to the parking area behind the home. Valid City of Newark permit transfers with ownership. Passed inspection by the city in September 2024. Tenant in place until July 31st, 2025. New owner to assume lease. Lease is for $1,675 per month. New heat pump in 2019 (oil heater was removed). As a courtesy to the tenant, showing times are restricted to Friday 4-7 and Saturday 12-3. By appointment only. Photos are from when property was not occupied.

Living Room: 18 X 12 - Main
Kitchen: 18 X 6 - Main
Dining Room: 14 X 12 - Main
Primary Bed: 14 X 12 - Upper 1
Bedroom 2: 14 X 8 - Upper 1
Bedroom 3: 10 X 9 - Upper 1
Bedroom 4: 14 X 9 - Lower 1

Taxes: $1,773
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Christina
Elem. School: Downes Mid. School: Shue-Medill High School: Newark

Features

Utilities
Heat Pump - Electric BackUp, Electric, Central A/C, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, Basement Laundry

Garage/Parking
Driveway, Paved Parking

Interior
Partially Finished Basement, Hardwood Flooring, Vinyl Flooring

Exterior
Block Foundation, Brick Exterior, Exterior Lighting

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (19 schools)

School District Grades Place Distance
West Park Place Elementary School Christina School District K–5 Newark 0.39 mi
Downes (John R.) Elementary School Christina School District K–5 Newark 0.66 mi
McVey (Joseph M.) Elementary School Christina School District K–5 Newark 1.82 mi
Newark Charter School Newark Charter School K–12 Newark 1.96 mi
Brookside Elementary School Christina School District K–5 Newark 2.27 mi
Maclary (R. Elisabeth) Elementary School Christina School District K–5 Newark 2.44 mi
Cecil Manor Elementary Cecil County Public Schools Preschool–5 Elkton 2.95 mi
Brennen School (The) Christina School District Preschool–12 Newark 3.03 mi
Smith (Jennie E.) Elementary School Christina School District K–5 Newark 3.08 mi
Christina Early Education Center Christina School District Preschool Newark 3.15 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 3.28 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–11 Newark 3.57 mi
Brader (Henry M.) Elementary School Christina School District K–5 Newark 3.62 mi
Wilson (Etta J.) Elementary School Christina School District K–5 Newark 4.23 mi
Gallaher (Robert S.) Elementary School Christina School District K–5 Newark 4.81 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 4.85 mi
Kenmore Elementary Cecil County Public Schools Preschool–5 Elkton 4.89 mi
Forest Oak Elementary School Red Clay Consolidated School District K–5 Newark 4.9 mi
Marshall (Thurgood) Elementary School Christina School District K–5 Newark 4.99 mi

Public Middle (9 schools)

School District Grades Place Distance
Newark Charter School Newark Charter School K–12 Newark 1.96 mi
Gauger-Cobbs Middle School Christina School District 6–8 Newark 2.94 mi
Brennen School (The) Christina School District Preschool–12 Newark 3.03 mi
Kirk (George V.) Middle School Christina School District 6–8 Newark 3.06 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 3.28 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–11 Newark 3.57 mi
Shue-Medill Middle School Christina School District 6–8 Newark 3.62 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 4.85 mi
Cherry Hill Middle Cecil County Public Schools 6–8 Elkton 4.93 mi

Public High (8 schools)

School District Grades Place Distance
Newark High School Christina School District 9–12 Newark 1.56 mi
Newark Charter School Newark Charter School K–12 Newark 1.96 mi
Brennen School (The) Christina School District Preschool–12 Newark 3.03 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 3.28 mi
Glasgow High School Christina School District 9–12 Newark 3.51 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–11 Newark 3.57 mi
Christiana High School Christina School District 6–12 Newark 3.93 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 4.85 mi

Private (11 schools)

School Grades Place Distance
Newark Center For Creative Learning Nonsectarian K–8 Newark 0.78 mi
University Of Delaware Lab Preschool Nonsectarian Preschool–K Newark 1.64 mi
The College School Nonsectarian 2–8 Newark 1.64 mi
Holy Angels School Roman Catholic Preschool–8 Newark 2.83 mi
Tarbiyah Islamic School Of Delaware Islamic Preschool–8 Newark 3.13 mi
The New School Nonsectarian Ungraded Newark 3.14 mi
Tarbiyah School Islamic Preschool–9 Newark 3.52 mi
Islamic Academy Of Delaware Islamic Preschool–8 Newark 3.81 mi
Towle Institute Christian (no specific denomination) 4–12 Newark 3.82 mi
Tutor Time Child Care Nonsectarian Preschool–K Newark 4.6 mi
Tri-State Christian Academy Christian (no specific denomination) Preschool–12 Elkton 4.62 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Newark (19711), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $56,169

Community Summary

  • Population Density (ppl / mile): 1,919
  • Household Size (ppl): 2.57
  • Households w/ Children: 42%

Housing Inventory

  • Owned: 12,474 (58.6%)
  • Rented: 7,209 (33.9%)
  • Vacant: 1,592 (7.5%)
  • Total: 21,275

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 52,547
Households: 19,683
Median Age: 35.20

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.6%
  • Some High School: 3.0%
  • High School Graduate: 21.4%
  • Some College: 16.4%
  • Associate Degree: 8.3%
  • Bachelor's Degree: 26.5%
  • Graduate Degree: 22.9%

Income by dollar range

Median Income: $77,188

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,016
  • One Bedroom: $1,049
  • Two Bedroom: $1,261
  • Three Bedroom: $1,617
  • Four Bedroom: $1,853

© 2024 LiveBy. All Rights Reserved.

Information set forth is deemed reliable, but there is no guarantee as to its accuracy and no warranties are made.
Listing data as of 10/31/2024.

130 Madison Drive, Newark, DE 19711-4406

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.