I think IIS Express probably has 2 <application>-blocks and both will be pointing to the same physicalPath.
Go to the IIS Express config file in: My Documents\IISExpress\config\applicationhost.config
Search for NewProjectName
Change the physicalPath for the root application to something else. Point it to an empty folder.
Should look something like this:
<site name="NewProjectName" id="1">
<application path="https://stackoverflow.com/" applicationPool="Clr4IntegratedAppPool">
<virtualDirectory path="https://stackoverflow.com/" physicalPath="c:\Temp" />
</application>
<application path="/NewProjectName" applicationPool="Clr4IntegratedAppPool">
<virtualDirectory path="https://stackoverflow.com/" physicalPath="c:\sourcecode\NewProjectName" />
</application>
<bindings>
<binding protocol="http" bindingInformation="*:51123:localhost" />
</bindings>
</site>