New Castle County property record for 242 Chapman Rd, Newark, DE 19702
| Property Type | Commercial Office |
|---|---|
| Details | 144,314 sqft · built 1987 |
| Lot Size | 11.4 acres (497,020 sqft) |
| Owner | Company Name on Record |
| Last Sale | $13,975,000 (May 2007) |
| Tax Bill | $250,637 (2025) |
| Deeds & Mortgages | Sep 2026 Mortgage Jul 2019 Loan Modification |
| Flood Zone | Zone X (minimal risk) |
| APN | 09-029.00-010 |
| Primary APN | 09-029.00-010 |
|---|
| Stories | 2 Stories |
|---|---|
| Building Area | 144,314 sqft Gross Area |
| 1st Floor Area | 62,644 sqft |
| Year Built | Built 1987 |
|---|---|
| Effective Year Built | Effective 1987 |
| Exterior Material | Brick |
| Construction Type | Brick |
| Lot Area | 497,020 sqft (11.4 acres) |
| Lot Dimensions | 772 ft deep x 843 ft wide |
| Total Buildings | 3 Buildings |
| Cooling System | HVAC |
|---|---|
| Heating System | HVAC |
| Sewer | Connected |
| Street Address | 242 CHAPMAN RD |
|---|---|
| City | NEWARK |
| State | DE |
| Zip | 19702-5405 |
| Property Category | Commercial |
| Property Type | Commercial > Office > Commercial Office |
| Local Zoning Code | CR |
| Legal Subdivision | UNIV PLZA OFF PK III |
| Jurisdiction | NEW CASTLE DE |
| Township / Civil Division | UPPER CHRISTIANA |
| Census Block Group | 2 |
| Census Block | 2004 |
| Census Tract | 13906 |
Source: New Castle County records, as of October 13, 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on Record |
|---|---|
| Mailing Address | 219 W 9TH ST, 230, WILMINGTON, DE 19801-1619 |
| Owner Type | Company |
| Vesting | Company |
| Date | Document |
|---|---|
| Sep 30, 2026 | Deed of Trust, Mortgage · Conventional Mortgage FULTON BANK |
| Jul 24, 2019 | Loan Modification, Mortgage · Line of Credit FULTON BK NA |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | May 10, 2007 · Amount on Record |
| Deed Sale | May 10, 2007 · Amount on Record |
| Deed Document Number | 200742657 |
| Last Transfer Date | Aug 24, 2016 |
| Transfer Doc | 0000042798 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Sep 30, 2026 |
| Property Address | 242 CHAPMAN RD, NEWARK, DE 19702-5405 |
| Document Number | 0000075240 |
| Instrument Date | Sep 30, 2026 |
| Instrument | 202675240 |
| Transaction Type | Mortgage |
| Record Updated | Oct 13, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Name | Verified Name |
|---|---|
| Relationship | Limited Liability Partnership, 266 |
| Document Number | 0000075240, |
|---|---|
| Date | Sep 30, 2026 |
| Instrument | 202675240 |
| Name | FULTON BANK |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Max Rate | -1% |
|---|
| Document Type | Loan Modification |
|---|---|
| Jurisdiction | NEW CASTLE DE |
| Recording Date | Jul 24, 2019 |
| Property Address | 242 CHAPMAN RD, NEWARK, DE 19702-5405 |
| Instrument Date | Jul 19, 2019 |
| Instrument | 56513 |
| Transaction Type | Mortgage |
| Record Updated | Aug 8, 2019 |
| Title Company | ATTORNEY ONLY |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 242 CHAPMAN RD NEWARK DE 197025405, NEWARK, DE 19702-5405 |
| Document Number | 0000056513 |
|---|---|
| Date | Jul 24, 2019 |
| Instrument | 56513 |
| Name | FULTON BK NA |
|---|
| 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 | $250,637.00 (-25.07%) | $16,565,600 (+107.1%) Land $2,284,600 Building $14,281,000 |
| 2023 | $334,498.00 | $7,999,000 (-) Land $1,242,600 Building $6,756,400 |
| 2022 | $7,999,000 Land $1,242,600 Building $6,756,400 |
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
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.8% of the US · lower than 99.1% of Delaware |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | VEOLIA WATER DELAWARE, INC private · serves 100,495 people · EPA ID DE0000564 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Apr 2024 |
| Lead | 2 ppb (2021–2023) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 128 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 | 1,200 / 35 |
| Starlink Satellite | 280 / 30 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
Search by:
By searching, you agree to: Terms • Privacy • Disclosures