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.
For sale
$650,000
68 Ray St, Newark, DE 19711
5beds
1,125sqft
Single Family Residence
Built in 1963
0.36 Acres Lot
$-- Zestimate®
$578/sqft
$-- HOA
What's special
- 37 days
- 246
- 7
Zillow last checked:
Listing updated:
Listed by:
Mark Trani 302-383-5156,
Zommick McMahon Commercial Real Estate 6103591100,
Co-Listing Agent: Ryan J Mcmahon 610-299-5144,
Zommick McMahon Commercial Real Estate
Source: Bright MLS,MLS#: DENC2110826
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Basement
- Description: Percent Finished: 100.0
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: Lower Level
Features
- Windows: Energy Efficient
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,125
- Total interior livable area: 1,125 sqft
- Finished area above ground: 1,125
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.36 Acres
- Dimensions: 69.40 x 255.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18013.00139
- Zoning: 18RD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Permanent
- Roof: Asphalt
Condition
- Good
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Newark
HOA
- Has HOA: No
Location
- Region: Newark
Financial & listing details
- Price per square foot: $578/sqft
- Tax assessed value: $307,100
- Annual tax amount: $3,465
- Date on market: 9/8/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
- Total actual rent: 54000
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $650,000-3.7%$578/sqft |
Source:  Bright MLS #DENC2110826 Report a problem | ||
| 9/2/2026 | Listing removed | $675,000$600/sqft |
Source: Bright MLS #DENC2106304 Report a problem | ||
| 7/6/2026 | Listed for sale | $675,000+107.7%$600/sqft |
Source: Bright MLS #DENC2106304 Report a problem | ||
| 9/21/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/14/2021 | Price change | $2,700-1.8%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/25/2021 | Listed for rent | $2,750+14.6%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/6/2019 | Listing removed | $2,400$2/sqft |
Source: Owner Report a problem | ||
| 8/7/2019 | Listed for rent | $2,400$2/sqft |
Source: Owner Report a problem | ||
| 7/30/2019 | Sold | $325,000-3%$289/sqft |
Source: Public Record Report a problem | ||
| 5/29/2019 | Price change | $335,000-1.2%$298/sqft |
Source: Tom Livizos Real Estate Co #DENC475890 Report a problem | ||
| 4/15/2019 | Listed for sale | $339,000+138.7%$301/sqft |
Source: Tom Livizos Real Estate Co #DENC475890 Report a problem | ||
| 6/30/2017 | Sold | $142,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,733 +54.3% | $307,100 +542.5% |
| 2024 | $1,771 +2.5% | $47,800 |
| 2023 | $1,728 +1.1% | $47,800 |
| 2022 | $1,710 +2.6% | $47,800 |
| 2021 | $1,666 +3% | $47,800 |
| 2020 | $1,618 -65.7% | $47,800 |
| 2019 | $4,723 +251.1% | $47,800 |
| 2017 | $1,345 +0.3% | $47,800 |
| 2016 | $1,341 | $47,800 |
| 2015 | $1,341 +11.6% | $47,800 |
| 2014 | $1,202 | $47,800 |
| 2013 | -- | $47,800 |
| 2012 | -- | $47,800 +0.6% |
| 2011 | -- | $47,500 |
| 2010 | -- | $47,500 |
| 2009 | -- | $47,500 |
| 2008 | -- | $47,500 |
| 2007 | -- | $47,500 |
| 2006 | -- | $47,500 |
| 2005 | -- | $47,500 |
| 2004 | -- | $47,500 +3.3% |
| 2003 | -- | $46,000 |
| 2002 | -- | $46,000 |
| 2001 | -- | $46,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19711
Nearby schools
Schools provided by the listing agent
- District: Christina
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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