New Castle County property record for 231 Lake Dr, Newark, DE 19702
| Property Type | Light Industrial |
|---|---|
| Details | 131,726 sqft · built 1996 |
| Lot Size | 10.2 acres (446,490 sqft) |
| Owner | Company Name on Record |
| Last Sale | $2,625,000 (Oct 2014) |
| Tax Bill | $51,896 (2025) |
| Deeds & Mortgages | Nov 2021 Mortgage Jul 2018 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 11-021.00-029 |
| Primary APN | 11-021.00-029 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 131,726 sqft Gross Area |
| 1st Floor Area | 131,726 sqft |
| Year Built | Built 1996 |
|---|---|
| Effective Year Built | Effective 1996 |
| Exterior Material | Concrete Block |
| Construction Type | Concrete |
| Lot Area | 446,490 sqft (10.2 acres) |
| Lot Dimensions | 686 ft deep x 435 ft wide |
| Sewer | Connected |
|---|
| Street Address | 231 LAKE DR |
|---|---|
| City | NEWARK |
| State | DE |
| Zip | 19702-3320 |
| Property Category | Industrial |
| Property Type | Industrial > Light Industrial |
| Local Zoning Code | BP |
| Legal Subdivision | PENCADER CORP CTR |
| Legal Block | C |
| Legal Lot Number | 17 |
| Jurisdiction | NEW CASTLE DE |
| Township / Civil Division | GLASGOW |
| Census Block Group | 2 |
| Census Block | 2011 |
| Census Tract | 14814 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Listed Area | Within 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.
Source: New Castle County records, as of April 13, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 280 PARK AVE, NEW YORK, NY 10017-1274 |
| Owner Type | Company |
| Date | Document |
|---|---|
| Nov 29, 2021 | Deed, Transfer · Commercial Mortgage MORGAN STANLEY BANK NA |
| Jul 3, 2018 | Grant Deed, Mortgage · Line of Credit MISCELLANEOUS INS CO |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 31, 2014 · Amount on Record |
| Deed Sale | Oct 31, 2014 · Amount on Record |
| Deed Document Number | 201449006 |
| Prior Transfer Date | Apr 15, 2004 |
| Prior Transfer Doc | 0000044324 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Nov 29, 2021 |
| Property Address | 231 LAKE DR, NEWARK, DE 19702-3320 |
| Document Number | 0000136517 |
| Map Reference | PL 17550-319767 |
| Instrument Date | Nov 5, 2021 |
| Instrument | 20211129-0136517 |
| Transaction Type | Transfer |
| Record Updated | Jul 27, 2022 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 280 PARK AVE36TH, 280, NEW YORK, NY 10017 |
| Name | Verified Name |
|---|---|
| Address | 280 PARK AVE # 36TH, NEW YORK, NY 10017-1274 |
| Document Number | 0000136521 |
|---|---|
| Date | Nov 29, 2021 |
| Instrument | 20211129-0136521 |
| Name | MORGAN STANLEY BANK NA |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10036 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Document Type | Grant Deed |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Jul 3, 2018 |
| Property Address | 231 LAKE DR, NEWARK, DE 19702-3320 |
| Instrument Date | Jun 21, 2018 |
| Instrument | 32824 |
| Transaction Type | Mortgage |
| Record Updated | Jul 25, 2018 |
| Title Company | FIRST AMERICAN TITLE |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 280 PARK AVE #36TH NEW YORK NY 100171274, 36TH, NEW YORK, NY 10017-1274 |
| Document Number | 0000032824 |
|---|---|
| Date | Jul 3, 2018 |
| Instrument | 32824 |
| Name | MISCELLANEOUS INS CO |
|---|---|
| Address | 51 MADISON AVE, NEW YORK, NY 10010-1603 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|
Source: New Castle County assessment roll, as of April 13, 2026
| Type | Name |
|---|---|
| State | Delaware |
| County | New Castle County |
| Unified School District | Christina School District (PK - 12) |
| Year | Tax Bill | Assessed Value |
|---|---|---|
| 2025 | $51,896.00 (-59.9%) | $12,118,900 (+291.56%) Land $1,332,500 Building $10,786,400 |
| 2023 | $129,425.00 | $3,095,000 (-) Land $358,800 Building $2,736,200 |
| 2022 | $3,095,000 Land $358,800 Building $2,736,200 |
Assessed value is set for property tax purposes and is not a market price estimate.
Source: FEMA National Flood Hazard Layer, effective January 21, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Nearest Special Flood Hazard Area | Zone AE, within 500 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 8 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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · above 47% of Delaware |
|---|---|
| Wildfire Likelihood | 0.02% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 16 locations within half a mile, as of December 31, 2025
| Provider | Max 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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