113-117 Vanderpool Street, Newark, NJ, 07114 — Photo 1

$800,000

113-117 Vanderpool Street, Newark, NJ, 07114

MLS# 26009654

Under Contract218d on market

0.172 acres (7,500 sqft)

Lot Size

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$4,849 (NJ Public Records)
Tax Assessment$127,500
Land Assessment$127,500
ListedMarch 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

$5,555/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$4,151
Property Taxes$404
Homeowner Insurance$333
Est. Maintenance$667
Total$5,555

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

🚂
Transit to NYC Penn

Northeast Corridor / PATH

22 min
🚗
Drive to NYC (Midtown)
35 min
🚂
Transit to Hoboken
15 min
🚗
Drive to Hoboken/JC
18 min
🚉

Newark Penn Station

Monthly Pass(Zone 2)$130/mo

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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Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462

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