231 Executive Dr, Newark, DE 19702 Property Records

New Castle County property record for 231 Executive Dr, Newark, DE 19702

Property Summary

Property TypeWarehouse, Storage
Details189,280 sqft · built 2005
Lot Size13.7 acres (596,772 sqft)
OwnerCompany Name on Record
Tax Bill$193,434 (2025)
Deeds & MortgagesDec 2019 Mortgage
Apr 2018 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN11-021.00-045

Property Details

APN / Parcel Number

Primary APN11-021.00-045

Interior

Units17 Units
Stories1 Story
Building Area189,280 sqft Gross Area
1st Floor Area189,280 sqft

Exterior

Year BuiltBuilt 2005
Effective Year BuiltEffective 2005
Exterior MaterialConcrete Block
Construction TypeConcrete
Lot Area596,772 sqft (13.7 acres)
Lot Dimensions1,075 ft deep x 544 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
SewerConnected

Location & Zoning

Street Address231 EXECUTIVE DR
CityNEWARK
StateDE
Zip19702-3324
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Local Zoning CodeBP
Legal DescriptionPCL 34
Legal SubdivisionPENCADER CORP CTR
Legal Lot Number34B
JurisdictionNEW CASTLE DE
Township / Civil DivisionGLASGOW
Census Block Group2
Census Block2011
Census Tract14814

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Listed AreaWithin New Castle and Frenchtown Railroad Right-of-Way
listed 1976 · 2 contributing resources · NRIS 76002290

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: New Castle County records, as of April 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address725 CONSHOHOCKEN STATE RD, BALA CYNWYD, PA 19004-2122
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 5, 2019Deed of Trust, Mortgage · Commercial Mortgage
INVESTORS BANK
Apr 20, 2018Deed of Trust, Mortgage · Commercial Mortgage
FIRSTRUST BANK
Dec 27, 2021Deed, Construction Loan · Construction Mortgage
AREEIF LENDER B LLC
Nov 16, 2017Deed, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 16, 2017
Deed SaleNov 16, 2017
Prior SaleDec 3, 2013 · Amount on Record
Deed Document Number201760024
Record UpdatedJun 8, 2026

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNEW CASTLE DE
Property Address231 EXECUTIVE DR, NEWARK, DE 19702-3324
Transaction TypeMortgage
Record UpdatedOct 20, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000099092
DateDec 5, 2019
Instrument20191205-0099092
Lender
NameINVESTORS BANK
TypeBank
AddressSHORT HILLS, NJ 07078
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

April 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionNEW CASTLE DE
Property Address231 EXECUTIVE DR, NEWARK, DE 19702-3324
Transaction TypeMortgage
Record UpdatedOct 20, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000018652
DateApr 20, 2018
Instrument20180420-0018652
Lender
NameFIRSTRUST BANK
TypeBank
AddressCONSHOHOCKEN, PA 19428
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2021: Deed, Construction Loan

Document TypeDeed
JurisdictionNEW CASTLE DE
Recording DateDec 27, 2021
Property Address231 EXECUTIVE DR, NEWARK, DE 19702-3324
Document Number0000147075
Map ReferenceMF 13788
Instrument DateDec 23, 2021
Instrument20211227-0147075
Transaction TypeConstruction Loan
Record UpdatedJul 27, 2022

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address725 CONSHOHOCKEN STATE RD, BALA CYNWYD, PA 19004-2122

Mortgage

Document Number0000147079
DateDec 27, 2021
Instrument20211227-0147079
Lender
NameAREEIF LENDER B LLC
TypeNon-Lending Institution
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term48 Months
DueDec 23, 2025

November 2017: Deed, Transfer

Document TypeDeed
JurisdictionNEW CASTLE DE
Recording DateNov 16, 2017
Property Address231 EXECUTIVE DR, NEWARK, DE 19702-3324
Document Number0000060024
Map ReferenceDOC 13788
Instrument DateNov 16, 2017
Instrument20171116-0060024
Transaction TypeTransfer
Record UpdatedOct 20, 2022

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address725 CONSHOHOCKEN STATE RD, BALA CYNWYD, PA 19004-2122

Tax Assessment & Valuation

Source: New Castle County assessment roll, as of April 13, 2026

Property Jurisdictions

TypeName
StateDelaware
CountyNew Castle County
Unified School DistrictChristina School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2025$193,434.00 (+43.01%)$12,784,800 (+295.25%) Land $1,781,000 Building $11,003,800
2023$135,263.00$3,234,600 Land $479,500 Building $2,755,100

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective January 21, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies8 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · above 47% of Delaware
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemARTESIAN WATER COMPANY
private · serves 231,114 people · EPA ID DE0000552
Water SourcePurchased surface water from several systems
Last State InspectionOct 2025
Lead1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 16 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
Xfinity
Cable
2,000 / 250

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