Old Baltimore
Newark, DE 19702
(on 5.60 acres)
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.13 | Lot/Land | $249,900 | 04/30/26 | - | - | ||
1.80 | Lot/Land | $125,000 | 07/31/26 | - | - | ||
2.13 | Lot/Land | $398,000 | 08/04/26 | - | - | ||
2.30 | Lot/Land | $215,000 | 02/27/26 | - | - | ||
2.73 | Lot/Land | $400,000 | 06/03/26 | - | - | ||
2.88 | Lot/Land | $10,252 | 04/22/26 | - | - | ||
3.24 | Lot/Land | $65,000 | 11/13/25 | - | - | ||
3.31 | Lot/Land | $186,000 | 09/05/25 | - | - | ||
3.68 | Lot/Land | $350,000 | 05/12/26 | - | 960 | ||
3.37 | Lot/Land | $232,000 | 04/15/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $450,000 | 3 | 2.5 | 2,000 | Recently Sold | |
0.06 | - | - | - | - | Off Market | |
0.16 | $582,300 | 4 | 2.5 | 3,193 | Off Market | |
0.16 | $515,000 | 4 | 2.5 | 2,475 | Recently Sold | |
0.18 | $593,000 | 4 | 2.5 | 3,783 | Off Market | |
0.16 | $610,200 | 4 | 2.5 | 2,575 | Off Market | |
0.18 | $602,700 | 4 | 2.5 | 4,226 | Off Market | |
0.24 | $605,100 | 4 | 2.5 | 2,970 | Off Market | |
0.24 | $560,700 | 4 | 2.5 | 2,200 | Off Market | |
0.23 | $540,000 | 4 | 2.5 | 2,625 | Recently Sold | |
0.23 | $445,200 | 3 | 2 | 1,700 | Off Market | |
0.25 | $575,200 | 4 | 2.5 | 2,175 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
5.6 acres
About this House
Here are some thoughts that you'll need to verify if you are considering purchase & development. fyi, 7.2 acres on Old Baltimore Pike recently sold for $600,000 (Good Comp). This is 5.6 Acres of land; terrific location & good frontage on 2 roads. Very good potential possibilities! The elevation of the property appears to be good for the area & there is a stream that runs through more of the east side of the property & it flows along the front of the property. Most properties around the area have 1/4 acre lots. When development is done, about 1/3 of the land is used for common space & roads, etc. Therefore, the amount of space that could be subdivided is about 3.75 acres. Multiply that by 4 & that will give about 15 building lots. Average price of houses sold within 1/2 mile of this land is $360,000. If new construction, the price of homes would be averaging about $412,500. Multiply that by 15 & the total gross amount will be somewhere around $6,187,500. The cost affiliated with the development of each lot will probably be somewhere around $60,000 per lot. That will cost around $900,000. There will also be a large amount of money that will be required to do a "Major Sub-Division". That cost will probably be somewhere around the price of $250,000. Subtract that from $6,187,500 and the gross income (not including cost of land) will be about $5,037,500. Typically, builders don't want to pay anymore than 15% to 20% of the total price for land. Therefore, according to this structure, the land value may be somewhere between $756,000 - $1,008,000. There are other options as well: This property is Zoned "S" Suburban: Here is what the New Castle County website indicates can happen with this property: Suburban (S). This district permits a wide range of residential uses, including all the newly developing areas designed as growth areas in the Comprehensive Development Plan. Moderate to high density residential development is permitted in a manner consistent with providing a high quality suburban character. Significant areas of open space and/or landscaping are required to maintain the balance between green space and buildings that characterize suburban character. The highest densities are permitted in designed communities, hamlets and villages. This district is not intended to be used for fully developed areas. Fully developed areas are zoned Neighborhood Conservation (NC), which is discussed on Page 4. The Suburban District is used to in-fill tracts containing at least 5 acres or where New Castle County seeks to redevelop an area
Old Baltimore, Newark, DE 19702 is a lot/land. It is currently off market. The Trulia Estimate rent is $2,211/month.
Home Details for Old Baltimore
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Property Type / Style Property Type: Lot Land |
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Lot Area: 5.60 acres |
Market trends in Newark
Last updated July 2026
Avg. sale price
$347K
$7KMoM
Sale-to-List Price
97.5%
0.4%MoM
Price per sq ft
$197
$1MoM
Available listings
217
25MoM
Around this home
What Locals Say about Newark
At least 736 Trulia users voted on each feature.
88 % Say it's dog friendly
86 % Say car is needed
81 % Say parking is easy
75 % Say yards are well-kept
74 % Say there are sidewalks
70 % Say kids play outside
70 % Say there's holiday spirit
69 % Say it's quiet
61 % Say people would walk alone at night
55 % Say streets are well-lit
50 % Say neighbors are friendly
49 % Say there's wildlife
48 % Say they plan to stay for at least 5 years
43 % Say it's walkable to restaurants
42 % Say it's walkable to grocery stores
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about Old Baltimore
- Is Newark a buyer's or seller's market?Newark is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Newark?The median sale price in Newark is $347K. That is up $7K from the prior month.
- What do residents say about Newark?Residents describe Newark, DE as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Newark, DE.
- What are the closest schools to Old Baltimore?The closest schools to Old Baltimore in Newark, DE are Gauger-Cobbs Middle School (rated 3/10), Glasgow High School (rated 1/10), West Park Place Elementary School (rated 8/10).

