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Downtown Newark Homes for Sale

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  • 55 New London Ave, Newark, DE 19711
    55 New London Ave, Newark, DE 19711
    55 New London Ave, Newark, DE 19711
    /36

    $6,630,000

    • 3 Beds
    • 1 Bath
    • 975 Sq Ft

    55 New London Ave, Newark, DE 19711

    INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of

    Corey Harris Crown Homes Real Estate

    55 New London Ave, Newark, DE 19711
  • 127 E Cleveland Ave, Newark, DE 19711
    127 E Cleveland Ave, Newark, DE 19711
    127 E Cleveland Ave, Newark, DE 19711
    /36

    $6,630,000

    • 2 Beds
    • 2 Baths
    • 1,475 Sq Ft

    127 E Cleveland Ave, Newark, DE 19711

    INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of

    Corey Harris Crown Homes Real Estate

    127 E Cleveland Ave, Newark, DE 19711
  • 117 E Cleveland Ave, Newark, DE 19711
    117 E Cleveland Ave, Newark, DE 19711
    117 E Cleveland Ave, Newark, DE 19711
    /36

    $6,630,000

    • 2 Beds
    • 1 Bath
    • 1,375 Sq Ft

    117 E Cleveland Ave, Newark, DE 19711

    INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of

    Corey Harris Crown Homes Real Estate

    117 E Cleveland Ave, Newark, DE 19711
  • 115 1/2 E Cleveland Ave, Newark, DE 19711
    115 1/2 E Cleveland Ave, Newark, DE 19711
    115 1/2 E Cleveland Ave, Newark, DE 19711
    /36

    $6,630,000

    • 2 Beds
    • 1 Bath
    • 1,425 Sq Ft

    115 1/2 E Cleveland Ave, Newark, DE 19711

    INVESTOR ALERT! Here's a chance to own a portfolio of 10 properties that have performed consistently over 20+ years. This listing is part of a ten-property portfolio diversified across 3 categories: (6) College Rentals in excellent locations, (3) very high yield rooming houses and (1) Government Guaranteed rent, Section 8 housing with approx. 5 year long tenants. With the signed NDA and proof of

    Corey Harris Crown Homes Real Estate

    115 1/2 E Cleveland Ave, Newark, DE 19711
Delaware Newark Downtown Newark

Real Estate & Homes for Sale in Downtown Newark, Newark

About Downtown Newark

Downtown Newark is a vibrant neighborhood centered around the historical University of Delaware. This area blends the energy of college life with the charm of a small town, offering a variety of things to do. East Market Street is lined with convenience stores and eateries like El Diablo Burritos and Peach Blossom Eatery, catering to both students and locals. Newark Natural Foods provides organic groceries, while the Newark Shopping Center and Main Street Movies 5 offer shopping and entertainment options. The neighborhood is home to Westpark Place Elementary, a highly rated school in the Christina School District. Housing options range from Cape Cods and split levels to four squares and ranches, many featuring expansive lawns and tree-lined streets. Residents can enjoy outdoor activities at seven parks, including Phillips Park and Olan Thomas Park, which offer trails, botanical gardens, and recreational facilities. The area boasts a walk score of 80, with well-maintained sidewalks and bike lanes, making it easy to navigate. Public transportation is accessible via bus stops on East Main Street and Chapel Street, and the Newark Train Station connects to major cities like Washington, D.C., and Philadelphia. However, parts of the neighborhood, particularly the north and southwest, are prone to flooding during heavy rainfall.

Learn more about living in Downtown Newark

Frequently Asked Questions

Is Downtown Newark a good place to live?
Downtown Newark is a good place to live. Downtown Newark is considered fairly walkable and a biker's paradise. Downtown Newark is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Newark has 9 parks for recreational activities. It is fairly dense in population with 11.4 people per acre and a median age of 26. The average household income is $56,617 which is below the national average. College graduates make up 61% of residents. A majority of residents in Downtown Newark are renters, with 71.7% of residents renting and 28.3% of residents owning their home. A local real estate agent serving Downtown Newark can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Newark neighborhood guide.
Is Downtown Newark, DE a safe neighborhood?
Downtown Newark, DE is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Downtown Newark?
The median home price in Downtown Newark is $404,750. If you put a 20% down payment of $81,000 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $2,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Downtown Newark. The average household income in Downtown Newark is $57K.
What are the best public schools in Downtown Newark?
The best public schools that serve Downtown Newark are:
What are the best private schools in Downtown Newark?
The best private schools that serve Downtown Newark are:
What are the most popular zip codes in Downtown Newark, Newark, DE?
The most popular zip codes in Downtown Newark, Newark, DE include 19709, 19382, 21921, 19805 and 19720.
What are the most popular neighborhoods near Downtown Newark, Newark, DE?
The most popular neighborhoods near Downtown Newark, Newark, DE are Southern Newark, Northern Newark, Brookside, Nottingham Green and Woodmere.

Home Trends in Downtown Newark, DE

On average, homes in Downtown Newark, Newark sell after 9 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown Newark, Newark over the last 12 months is $426,248, up 5% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$404,750
Median Single Family Price
$385,000
Median 2 Bedroom Price
$470,000
Average Price Per Sq Ft
$236
Last 12 months Home Sales
26
Median List Price
$404,750
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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