RENTED MAY 1, 2026

48 Munro Rd Newark, DE 19711

Estimated Value: $486,532 - $548,000

5 Beds
4.5 Baths
2,525 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2019

Last sale price $370,000 $147 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,840 / mo

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Balcony
  • Contemporary Architecture
  • Stainless Steel Appliances
  • 2 Car Direct Access Garage

About This Home

As of May 2026

Now available in the highly desirable Newark Preserve community, this beautifully partially furnished 5-bedroom, 4.5-bath end-unit townhome offers exceptional space, privacy, and convenience in the heart of the City of Newark. Bright, spacious, and thoughtfully designed, this home features three bedrooms with private en-suite baths, while two additional bedrooms share a full hall bath, providing flexibility for roommates, guests, or family living. The open layout offers comfortable common areas perfect for relaxing or entertaining, and large windows throughout fill the home with natural light. Enjoy not one, but two levels of deck space, ideal for unwinding after a long day or gathering with friends. As an end unit, the property offers added privacy and extra natural light compared to interior homes. Located just minutes from the University of Delaware, downtown Newark, shopping, dining, and I-95, this home delivers unbeatable convenience for commuting or campus access. A rare opportunity to lease a furnished, spacious townhome in one of Newark’s most sought-after communities.

Last Agent to Rent the Property

Eric Mears

(302) 504-6147 eric.james.mears@gmail.com Crown Homes Real Estate Brokerage Phone: 3025046147 License #RS378213 Listed on: 02/27/2026

Last Renter's Agent

Unrepresented

datacorrect@brightmls.com Unrepresented

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • 7,841

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,525 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Partially Furnished
  • Recessed Lighting
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,400
  • Tenant pays for light bulbs/filters/fuses/alarm care, lawn/tree/shrub care, all utilities, minor interior maintenance
  • The owner pays for common area maintenance, real estate taxes, trash collection
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 2/28/26
  • Assessor Parcel Number 18-030.00-146

Community Details

Overview

  • Newark Preserve Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

7,841 Sq Ft Lot

Parking

2

Rental Info

  • Date Available: 2026-02-28
  • Furnished: Partially
  • Owner Pays: Common Area Maintenance, Taxes - Real Estate, Trash Collection
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3400.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Light Bulbs/Filters/Fuses/Alarm Care, Lawn/Tree/Shrub Care, Utilities - All, Minor Interior Maintenance
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2014
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2525
  • Living Area Sq Ft: 2525
  • Price Per Sq Ft: 1.35
  • Above Grade Finished Sq Ft: 2525
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7841.00
  • Outdoor Living Structures: Balcony
  • Zoning: 18RR

Tax Info

  • Assessor Parcel Number: 18-030.00-146

MLS Schools

  • School District Name: CHRISTINA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Jan 31, 2019
Sold by
Bought by
Seller's Agent
Angela Ferguson
RE/MAX Associates-Hockessin
Buyer's Agent
Yuan Zong
Patterson-Schwartz-Brandywine
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Current Estimated Value
$510,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,633
Avg. Annual Appreciation
4.49%
Original Mortgage
$259,000
Outstanding Balance
$224,958
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$285,675

Purchase Details

Closed on
Nov 17, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,827
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$312,030 None Available
$430,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $259,000
Previous Owner $280,827
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2026 05/01/26 Rented $3,400 0.0% --
04/24/2026 04/24/26 Under Contract -- -- --
02/27/2026 02/27/26 For Rent $3,400 0.0% --
01/31/2019 01/31/19 Sold $370,000 +1.4% $147 / Sq Ft View Prior Sale
11/22/2018 11/22/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $365,000 -- $145 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $467,700 $75,700 $392,000
2024 $885 $83,900 $9,300 $74,600
2023 $3,034 $83,900 $9,300 $74,600
2022 $3,002 $83,900 $9,300 $74,600
2021 $2,925 $83,900 $9,300 $74,600
2020 $2,840 $83,900 $9,300 $74,600
2019 $2,490 $83,900 $9,300 $74,600
2018 $12,982 $83,900 $9,300 $74,600
2017 $649 $83,900 $9,300 $74,600
2016 $2,353 $83,900 $9,300 $74,600
2015 -- $83,900 $9,300 $74,600
2014 -- $5,300 $5,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2097788

Bright MLS

APN: 18-030.00-146

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