5 Terry Lane Newark, DE ^$ 540,000

5 Terry Lane

^$ 540,000

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5 Terry Lane

Newark, DE, 19711

^$ 540,000

Bedrooms4 Baths2.0 Sq 1,175

Monthly Estimate*

^$ 3,410

5 Terry Lane, Newark, DE 19711 - Image 1

5 Terry Lane, Newark, DE 19711 - Image 2

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5 Terry Lane, Newark, DE 19711 - Image 6

Single Family Home for sale in Newark, DE

for $540,000 with 4 bedrooms and 2 full baths. This 1,175 square foot home was built in 1955 on a lot size of 0.18.

STUDENT RENTAL - 4 bed, 2 full bath single-family home, 1,176 SF, built 1955, on 0.18 acres. Currently leased at $3,500/month, 100% occupied. Part of an 8-property student rental portfolio near University of Delaware.

Single Family Coming Soon

Price

^$ 540,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,398

Style

Ranch/Rambler

Lot Size

0.18

Year Built

1955

Town/City

Newark

County/Region

New Castle

MLS | Web ID

DENC2106236

Features

General

Living Area 1175

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession 0-30 Days CD 31-60 Days CD

Zoning 18RD

Architectural Style Ranch/Rambler

Construction Materials Brick

School District CHRISTINA

Year Built 1955

Levels 1

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Accessibility None

County NEW CASTLE

New Construction N

Property Type Residential

HOA N

Subdivision Name TERRY MANOR

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Full Baths 2

Status COMING SOON

Directions 5 Terry Lane

City NEWARK

Senior Community Y/N N

MLS Area Newark/Glasgow (30905)

Lot Size Units Square Feet

Lot Size Square Feet 7841.00

Tax Annual Amount 3398.0

Structure Type Detached

Condo/Coop Association fee Y/N N

Bathrooms Full Main Level 2

Bathrooms Count Main Level 2.00

Price Per Sq Ft Total AG 459.57

Vacation Rental Y/N N

Standard Status Coming Soon

Year Built Source Estimated

Legal Subdivision TERRY MANOR

Tax Lot 079

Total Actual Rent 42500.00

Interior

Interior Amenities Kitchen - Eat-In

Heating Fuel Electric

Flooring Fully Carpeted Vinyl

Hot Water Electric

Basement (Y/N) N

Heating Y/N Y

Above Grade Finished Area 1175

Half Baths 0

Central Air Y/N Y

Total Bedrooms 4

Below Grade Finished Area 0

Main Level Bedrooms 4

Below Grade Finished Area Unit Type Square Feet

Laundry Type Main Floor

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

Exterior

Exterior Amenities Sidewalks Street Lights

Pool No Pool

Fencing Other

Parking Features Asphalt Driveway

Lot Features Cul-de-sac Front Yard Rear Yard Sloping

Water Source Public

Type of Parking Driveway

Foundation Details Slab

Water View Y/N N

Lot Dimensions 60 X 120

Lot Size Acres 0.18

Lot Size Source Estimated

Waterfront Y/N N

Land Assessed Value 75700.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 5

* Excluded Features

List By

Zommick Mcmahon Commercial Real Estate

Broker

m.trani@zmcre.com

Affordability Calculator

$3,693

Per Month

Monthly Principal & Interest: $3,410
Monthly Property Taxes: $283
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Newark, DE

Average List Price ^$493,333

Percent of Sale Price 9%

About Newark, DE

32,700 Population

10% Since 2002

^$56,561 Median Income

22.65 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3535604 Elementary School

3535084 Middle School

Newark High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/1/2026	$540,000		Listed Price

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5 Terry Lane, Newark, DE, 19711 is a Single Family Home for sale at $540,000 with 1,175 sqft and a lot size of 0.18. 5 Terry Lane has 4 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 19711 which is in Newark, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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5 Terry Lane

Single Family Home for sale in Newark, DE

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