North Wilmington real estate DE, Wilmington real estate, New Castle County real estate, Hockessin real estate, home listings and homes for sale in Delaware, ranch homes and luxury homes - Billie Chubb & the Chubb Realty Group, REALTORS® Billie Chubb & the Chubb Realty Group REALTORS(r) for North Wilmington, Wilmington, New Castle County and Hockessin, Delaware real estate, ranch homes and luxury homes - NUMBER1EXPERTS™ Billie Chubb & the Chubb Realty Group NUMBER1EXPERTS(tm) for North Wilmington, Wilmington, New Castle County and Hockessin, Delaware real estate, ranch homes and luxury homes
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Welcome > Local Info > Newark...


Newark, Delaware

Newark, the state�s third largest city is a city located in New Castle County west of south Wilmington. It is approximately 45 miles from Philadelphia, Pennsylvania and 55 miles from Baltimore, Maryland. According to the 2006 Census Bureau Newark boasts a population of 30,060. Newark, the home to the University of Delaware http://www.udel.edu/ sports the infamous Main Street that is rich in Delaware history.

Founded by Scots-Irish and Welsh settlers in 1694 the town received a charter from George II of Great Britain in 1758. After settlement the area began to serve travelers on route from the Chesapeake Bay, Virginia, Maryland and Philadelphia. Schools have always played a large role in Newark as today, it is home to the University of Delaware. In 1765 the Newark Academy was relocated and the first graduates from the school included three signers of the Declaration of Independence, George Read, Thomas McKean and James Smith.

During the Revolutionary War, British and American forces fought just outside of Newark at the Battle of Cooch�s Bridge. This is the only battle to be fought in Delaware and it is thought that this was the first battle at which the Starts and Stripes were flown. Other historical relevance includes the Deer Park Tavern Restaurant, which is rumored to once have been the watering hole of literary legend Edgar Allan Poe.

In 1833, the state granted a charter to a school that was call Newark College. Newark Academy and Newark College joined together to become the Delaware College. Forced to close in 1859 it would later reopen 11 years later as a joint venture between the State of Delaware and the School�s Board of Trustees. In 1913, it came into sole ownership of the State of Delaware and would be later renamed the University of Delaware in 1921.

The University of Delaware which now enrolls over 20,000 students offers world-class programs in business, chemical engineering, chemistry and biochemistry. In 2006, University of Delaware�s engineering program was ranked number 10 in the nation by The Princeton Review. The 23 varsity sports teams compete in the NCAA and are known as the Fightin� Blue Hens.

Close to the Maryland and Pennsylvania state lines, residents are able to escape to the picturesque farmland and public parkland surrounding the City. There is lots of parkland for residents to sprawl out on, but the largest parks in the area include the Iron Hill Park, White Clay Creek State Park, White Clay Creek Preserve, Middle Run natural Area, Walter S. Carpenter State Park and the Windy Mill Park. These parks are perfect for hiking, mountain biking, horse back riding and other recreational activities.

The Christina School District and the Red Clay Consolidated School District are public school districts that serve the residents of Newark. Within the city limits is Newark High School which has served the community since 1893, it is the third largest public high school in the state. Other schools include Glasgow High School and Christiana High School.

The center of Newark is a lively place due in large part to the students of University of Delaware. Much of the city�s economy revolves around the University. Main Street is considered a popular hangout with the plentiful shops, restaurants and night life entertainment. People that have truly experienced Newark for all that it is worth have attended the popular Winterfest, Newark Night, the Memorial parade, a Fightin� Blue Hen football game, and have strolled across the University of Delaware�s mall ad admired the architecture on campus.

Other Newark attractions include the Paul R. Jones collection of African-American Art, the Delaware Mineralogical Museum, the Iron Hill Museum, and the Hale-Byrnes House which is the historical meeting place between General George Washington and his staff following the Battle of Cooch�s Bridge.

Within a stone�s throw of Newark is the Christiana Mall, Delaware�s largest shopping Mall. Serviced by both SEPTA and AMTRAK residents are able to commute to Wilmington, Philadelphia and Baltimore with ease.

Websites of Interest

- Newark�s Official Site
- Dining on Main Street Blog
- Brief History of Newark
- Newark History
- University of Delaware

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Real Estate Tips
Interest Rates >Locking in Loan Rates

It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.

While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.

The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.

Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.

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Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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Billie Chubb & the Chubb Realty Group, REALTOR®, real estate agents and broker for North Wilmington, Wilmington, New Castle County and Hockessin Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

Billie Chubb & the Chubb Realty Group
RE/MAX of Wilmington

2323 Pennsylvania Avenue
Wilmington, DE. 19806
Phone : 302-478-6425
Phone 2: 302-478-8116
Fax: 302-478-8116
Email: [email protected]

�Growing up, I learned the importance of determination and hard work - and I've been putting it to use ever since. I'm dedicated to working for my community and helping people make the best decisions about their most important investment." Simply stated by Billie herself, her mission is to not only provide excellence in real estate services but also to make an impact in the lives of her clients and the community.


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