68 Ray St Newark, DE 19711
Newark AreaEstimated payment $3,956/month
Highlights
- Raised Ranch Architecture
- Forced Air Heating and Cooling System
- Energy-Efficient Windows
- No HOA
- South Facing Home
About This Home
STUDENT RENTAL - 5 bed, 2 full bath single-family home, 2,250 SF, built 1963, on 0.36 acres. Currently leased at $4,500/month ($54,000/year), 100% occupied. Part of an 8-property student rental portfolio near University of Delaware; price subject to adjustment if sold separately from portfolio.
Listing Agent
(610) 359-1100 jmcmahon@zmcre.com Zommick McMahon Commercial Real Estate Brokerage Phone: 6103591100 Listed on: 07/06/2026
Co-Listing Agent
(610) 359-1100 jmcmahon@zmcre.com Zommick McMahon Commercial Real Estate Brokerage Phone: 6103591100
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,465
Year Built
- Built in 1963
Lot Details
- 15,682 Sq Ft Lot
- Lot Dimensions are 69.40 x 255.00
- South Facing Home
- Property is in good condition
- Property is zoned 18RD
Home Design
- Raised Ranch Architecture
- Permanent Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,125 Sq Ft Home
- Property has 2 Levels
- Basement Fills Entire Space Under The House
- Laundry on lower level
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- On-Street Parking
Eco-Friendly Details
- Energy-Efficient Windows
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Newark Subdivision
Listing and Financial Details
- Tax Lot 139
- Assessor Parcel Number 18-013.00-139
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $307,100 | $82,100 | $225,000 |
| 2024 | $504 | $47,800 | $5,400 | $42,400 |
| 2023 | $1,728 | $47,800 | $5,400 | $42,400 |
| 2022 | $1,710 | $47,800 | $5,400 | $42,400 |
| 2021 | $1,666 | $47,800 | $5,400 | $42,400 |
| 2020 | $1,618 | $47,800 | $5,400 | $42,400 |
| 2019 | $1,386 | $47,800 | $5,400 | $42,400 |
| 2018 | $7,396 | $47,800 | $5,400 | $42,400 |
| 2017 | $370 | $47,800 | $5,400 | $42,400 |
| 2016 | $1,341 | $47,800 | $5,400 | $42,400 |
| 2015 | $1,202 | $47,800 | $5,400 | $42,400 |
| 2014 | $1,201 | $47,800 | $5,400 | $42,400 |
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 |
|---|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $675,000 | +107.7% | $600 / Sq Ft | |
| 07/26/2019 07/26/19 | Sold | $325,000 | -3.0% | $144 / Sq Ft | View Prior Sale |
| 06/13/2019 06/13/19 | Pending | -- | -- | -- | |
| 05/29/2019 05/29/19 | Price Changed | $335,000 | -1.2% | $149 / Sq Ft | |
| 05/29/2019 05/29/19 | Price Changed | $339,000 | +6.3% | $151 / Sq Ft | |
| 05/29/2019 05/29/19 | Price Changed | $319,000 | -5.9% | $142 / Sq Ft | |
| 04/15/2019 04/15/19 | For Sale | $339,000 | +138.7% | $151 / Sq Ft | |
| 06/30/2017 06/30/17 | Sold | $142,000 | 0.0% | $126 / Sq Ft | View Prior Sale |
| 06/29/2017 06/29/17 | Off Market | $142,000 | -- | -- | |
| 04/26/2017 04/26/17 | Pending | -- | -- | -- | |
| 04/26/2017 04/26/17 | For Sale | $167,000 | -- | $148 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $325,000 | None Available | |
| Deed | $142,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $244,500 | New Conventional | |
| Previous Owner | $243,750 | New Conventional | |
| Previous Owner | $100,000 | Fannie Mae Freddie Mac |
Source: Bright MLS
MLS Number: DENC2106304
APN: 18-013.00-139
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