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Updated 5+ Days Ago
Highlights
- Community room
- Swimming pool
- Fitness center
- Central air conditioning
- Clubhouse
- In-unit laundry
Location
401 Waters Edge Dr, Newark, DE 19702, USA
Nearby rentals
Property management
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Property Overview
Strong on-site amenities include a community room, clubhouse, swimming pool, fitness center, central air conditioning, and in‑unit laundry, supported by 29 photos that give a clear sense of the space. A nearby top-rated high school just over a tenth of a mile away adds to overall convenience. The quiet environment, abundant natural light, common areas suitable for meetings, and utilities included in rent make it appealing for those who work from home.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Fitness center
- Images Available
Great for
Work-from-home
Wellness
Amenities for 401 Waters Edge Dr
Features
| Utilities Included |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
About 401 Waters Edge Dr
Welcome to Waters Edge Condos! This well-maintained two-bedroom, two-bathroom condo, complete with an in-unit laundry and a fully equipped kitchen, is ready for its next set of residents. The lower-level unit backs up to and offers views of the water. In today’s market, this unit offers exceptional value. Rent includes pool access, snow removal, trash service, a clubhouse, and an exercise room. You can even walk to the Shop Rite or Walgreens in Four Seasons Shopping Center. There are community grills and benches, which are great for outdoor dining and relaxing. This condo truly stands out. 2 dedicated parking spots. The community is well-maintained year-round by the property management. Check it out today! After resident placement, the property will be managed directly by the owner. This upgraded unit boasts modern flooring, updated electrical systems, and elegant baseboard finishes throughout. Comfort is enhanced by central air conditioning and heating, along with the convenience of a full in-unit washer and dryer. The community offers amenities such as a swimming pool, fitness center, and a community room ideal for private events, celebrations, or meetings. Well-maintained common areas are covered by the HOA monthly fees paid by the owner. The spacious layout ensures ample natural light, and its prime Newark location provides easy access to shopping, dining, and major commuter routes. Applicants must meet established qualification criteria including but not limited to: a strong credit history clear of court judgments and past-due debt, positive landlord reference(s) and rental history with no court or eviction proceedings; and stable verifiable income at a minimum of 2.5 times the monthly rent. Self-employed applicants must provide tax returns and/or P&L statements. Community regulations apply. Renter's insurance is required. No smoking is permitted. All utilities are paid by the tenant, including sewer. Tenant must use floor protectors under all furniture resting on hardwood or non-carpet flooring. The application fee is $65 per adult.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 401 Waters Edge Dr compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 miles away
- Fitness center
- The gym is just a few steps away
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Pool
- Enhanced community features
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2.7 miles away
Address details
| Zip code | 19702 |
|---|---|
| Type | Condo for rent |
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Our team has verified this companyBrookside Park • 152 Chestnut Crossing Dr
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$1,645–$1,758
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.507 Capitol Trl #103
2 Beds
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.900 Woodchuck Pl
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$1,715–$3,570
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.4301 Stone Gate Blvd
2 Beds
$1,639–$1,969
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.26 Cheswold Blvd Apt 2a
2 Beds
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Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Rent trends in Newark
2-bedroom apartments at 401 Waters Edge Dr cost about 10% more than the average rent price for 2-bedroom apartments in Newark.
Median rents as of Oct 31 2026.
Newark
| Month | Median Rent |
|---|---|
| November 2024 | $1,847 |
| December 2024 | $1,838 |
| January 2025 | $1,771 |
| February 2025 | $1,684 |
| March 2025 | $1,726 |
| April 2025 | $1,780 |
| May 2025 | $2,403 |
| June 2025 | $2,531 |
| July 2025 | $1,808 |
| August 2025 | $1,878 |
| September 2025 | $1,773 |
| October 2025 | $1,758 |
| November 2025 | $1,790 |
| December 2025 | $1,802 |
| January 2026 | $1,801 |
| February 2026 | $1,773 |
| March 2026 | $1,762 |
| April 2026 | $1,754 |
| May 2026 | $1,718 |
| June 2026 | $1,712 |
| July 2026 | $1,745 |
| August 2026 | $1,778 |
| September 2026 | $1,792 |
| October 2026 | $1,771 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 4 months ago | $1,875 |
Schools near 401 Waters Edge Dr
Henry M. Brader Elementary School
350 four seasons parkway
newark, DE, 19702
K-5Public
B-
Christina Early Education Center
620 east chestnut hill rd
newark, DE, 19713
PKPublic
The Brennen School
144 brennen dr
newark, DE, 19713
PK, K-12Public
Delaware School for the Deaf
630 east chestnut hill rd
newark, DE, 19713
PK, K-12Public
Lorewood Grove Elementary School
820 mapleton ave
middletown, DE, 19709
1-5Public
A
Getting around Newark near 401 Waters Edge Dr
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 401 Waters Edge Dr, Newark
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
3/10
Some shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within a short drive
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