$800,000
119-123 Vanderpool Street, Newark, NJ, 07114
MLS# 26009657
0.172 acres (7,500 sqft)
Lot Size
1900
Year Built
Land — Residntl
Property Type
Description
Prime Development Opportunity! Exceptional 75 x 100 vacant lot located in an R-3 zoning district with potential to subdivide into three 25 x 100 lots (subject to municipal approvals). Zoning allows for up to 4-family homes or townhouses, offering strong value for investors and developers. One additional adjacent property is also available, creating the opportunity to assemble two side-by-side 75 x 100 lots, each with potential to subdivide into three lots, for a combined 150 x 100 parcel with significant development potential. Ideally located at the entrance to Route 21 Bridge with easy access to Newark Liberty International Airport, Routes 1 & 9, and just blocks from Newark's Business District, Ironbound Section, and Newark Penn Station. Storage shed will be removed prior to closing and property will be delivered vacant.
Tax & Financial Information
| Annual Property Taxes | $16,163 (NJ Public Records) |
| Tax Assessment | $425,000 |
| Land Assessment | $350,000 |
| Listed | March 23, 2026 |
Listing Information
Listing Office: RE/MAX Lifetime Realtors — 908-688-2828
Listing Agent: Dyana Liborio — (973) 454-5420 — dyanaliborio@gmail.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/5/2026.
Total Monthly Cost
$6,498/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $160,000 | Loan: $640,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Newark
Northeast Corridor / PATH
Newark Penn Station
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
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