This home's estimate is 34.2% lower than the average sale price ($453K) of 6 comparable homes.
331-333 Paper Mill Rd, Newark, DE 19711
About this home
APPROVED SHORT SALE AT THIS PRICE!! QUICK SETTLEMENT POSSIBLE! City of Newark duplex close to U. of D. Each has two 2nd floor bedrooms & a large 1st flr room, which can be used as a 3rd bedroom. This would maximize the income (previously $1,400 per unit with a 4-person rental permit per unit). Buyer must ascertain as to whether or not the 4-person permit(s) are still current. Windows & some system upgrades were made within the past few years. 1 unit is ready to go; the other will require some elbow grease; But will earn its new owner $1000's in "Sweat Equity"! This property last sold in 2005 for $345,000! So how's that for value!!!? "Listing price may not be sufficient to cover all encumbrances, closing costs or other seller charges. Sale of property at full listing price may be conditioned upon 3rd party approval. Call for details. All non-cash offers must pre-qualify though seller's Lender. No FHA or VA offers please. Buyer must include the attached "presentation of offers" addendum with any offer.
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Market trends in 19711, DE
Last updated August 2026
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Sun exposure
In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
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