RENTED JUL 31, 2026

54 Madison Dr Newark, DE 19711

Newark Area

Estimated Value: $243,000 - $267,707

3 Beds
1 Bath
1,400 Sq Ft
$182/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Bonus Room
  • Deck
  • Wood Flooring
  • 2-minute walk to Dickey Park

About This Home

As of July 2026

Welcome to this practical and functional 3-bedroom, 1-bathroom corner townhouse nestled in Newark, DE neighborhood. The interior has been freshly painted and equipped with central A/C system to ensure comfort. Additional windows along the side illuminate the house with natural daylight, creating a bright and welcoming space. Dining access to the nicely stained side deck, ramps up the appeal of this townhouse, and the side yard offers extra space. Its location is a real perk - conveniently close to the University of Delaware, a multitude of shopping districts, and major roadways, it's a particularly great fit for those who desire easy access to city amenities. This property is available for rent - schedule your showing now. SPECIAL CLAUSES: 1) No Smoking Permitted 2) Pets Permitted w/ owner approval & pet deposit 3) Tenant pays all utilities including water & sewer 4) Tenant responsible for Weeding & Leaf Removal & Snow Removal 5) Grass Cutting Services and Trash removal included in the rent 6) Tenant pays for cable 7) Tenant must provide proof of renters insurance and show proof at time of occupancy 8) No alterations or painting without the written permission of the Owner 9) Tenant must use area rugs or floor protectors under all furniture resting on HW floors 10) City of Newark regulations apply 11) Tenant responsible for replacement of any batteries in garage remote & smoke detectors 12) Garbage disposals will be repaired at owner’s discretion 13) Clogged drains resulting from tenants’ actions will be repaired at the tenants’s expense 14) Property has a public sewer. Tenant is prohibited from flushing cat litter, cleaning products, feminine hygiene products, diapers, cleaning wipes, tissue papers, paper towels and other other foreign objects down the toilet 15) Tenant required to change HVAC filters at least quarterly or as recommended by manufacturer 16) Tenant will not conduct any illegal activity in or on the property, nor allow any occupant or guest to conduct any illegal activity, including the use, possession or sale of illegal drugs or firearms

Last Agent to Rent the Property

Michael Maloney

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark Brokerage Phone: 3027337000 Listed on: 05/28/2026

Patterson-Schwartz-Newark

Last Renter's Agent

Barbara Kisukye-Kajubi

(302) 733-7000 ccashman@psre.com Patterson-Schwartz-Newark License #RSR006303

Patterson-Schwartz-Newark

Range of Values:

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Value Increase
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Adjusted for Inflation
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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1953

Lot Details

  • 6,098

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Wood Flooring
  • Partially Finished Basement
  • Laundry in Basement

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Driveway
  • Parking Lot

Schools

  • Downes Elementary School
  • Shue-Medill Middle School
  • Newark High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Deck
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,849
  • Tenant pays for cable TV, cooking fuel, electricity, heat, hot water, light bulbs/filters/fuses/alarm care, sewer, all utilities, water
  • Rent includes lawn service, trash removal
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 6/1/26
  • $40 Application Fee
  • Assessor Parcel Number 18.025-00.060

Community Details

Overview

  • No Home Owners Association
  • College Park Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1953

Lot Details

6,098 Sq Ft Lot

Rental Info

  • Date Available: 2026-06-01
  • Application Fee: 40.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Lawn Service, Trash Removal
  • Security Deposit: 1849.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Heat, Hot Water, Light Bulbs/Filters/Fuses/Alarm Care, Sewer, Utilities - All, Water
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Inclusions: Range; Refrig; MW; DW; & W/D
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley, Wood Floors
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bonus Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 1.32
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent
  • Elementary School: DOWNES
  • High School: NEWARK
  • Middle Or Junior School: SHUE-MEDILL

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: 18RR
  • Zoning Description: Townhouses

Tax Info

  • Assessor Parcel Number: 18.025-00.060

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

Closed on
Apr 3, 2000
Bought by
Current Estimated Value
$254,177
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newark, DE

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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
$73,700 --
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
07/31/2026 07/31/26 Rented $1,849 0.0% --
07/02/2026 07/02/26 Off Market $1,849 -- --
05/28/2026 05/28/26 For Rent $1,849 -- --
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 -- $262,400 $75,700 $186,700
2024 $422 $40,000 $8,100 $31,900
2023 $1,446 $40,000 $8,100 $31,900
2022 $1,431 $40,000 $8,100 $31,900
2021 $1,394 $40,000 $8,100 $31,900
2020 $1,354 $40,000 $8,100 $31,900
2019 $1,187 $40,000 $8,100 $31,900
2018 $1,160 $40,000 $8,100 $31,900
2017 $1,125 $40,000 $8,100 $31,900
2016 $1,122 $40,000 $8,100 $31,900
2015 $1,006 $40,000 $8,100 $31,900
2014 $1,005 $40,000 $8,100 $31,900
Source: Public Records

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Map

Source: Bright MLS

MLS Number: DENC2104040

Bright MLS

APN: 18-025.00-060

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