R-3 Development Land
For Sale
$800,000
Pending
113-117 Vanderpool Street, Newark, NJ 07114
Vacant 75-by-100 lot in an R-3 district, delivered vacant with a zoning framework allowing up to four-family development.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market166
Property Features for 113-117 Vanderpool Street
General Information
Standard status
Pending
Lot size
0.17 Acres
Property subtype
Land
Zoning
R-3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,098
Listing Agency:
RE/MAX LIFETIME REALTORS
Listed By:
DYANA LIBORIO · License #311124
(908) 688-2828
Source:
Compass
Added: Mar 22
Changed: Aug 31
Last Checked: Aug 28 at 5:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX LIFETIME REALTORS
Investment Insights
Based on property information with market context.
This offering consists of a vacant 75 x 100 development lot with R-3 zoning. The property is described as having potential for subdivision into three 25 x 100 lots, subject to municipal approvals. Per the provided zoning description, development may include up to four-family homes or townhouses.
The remarks also indicate an adjacent property is available, which could enable assembly of two side-by-side 75 x 100 lots for a combined 150 x 100 parcel, with the same general subdivision potential for each 75 x 100 portion, again subject to municipal approvals. The property is described as being ideally located at the entrance to the Route 21 Bridge with access to Newark Liberty International Airport, Routes 1 & 9, and near Newark’s Business District, Ironbound Section, and Newark Penn Station.
A storage shed is scheduled to be removed prior to closing, and the property will be delivered vacant.
The remarks also indicate an adjacent property is available, which could enable assembly of two side-by-side 75 x 100 lots for a combined 150 x 100 parcel, with the same general subdivision potential for each 75 x 100 portion, again subject to municipal approvals. The property is described as being ideally located at the entrance to the Route 21 Bridge with access to Newark Liberty International Airport, Routes 1 & 9, and near Newark’s Business District, Ironbound Section, and Newark Penn Station.
A storage shed is scheduled to be removed prior to closing, and the property will be delivered vacant.
Key Highlights
- 75 x 100 vacant lot in an R‑3 zoning district, with potential to subdivide into three 25 x 100 lots (subject to municipal approvals).
- R‑3 zoning allows up to 4‑family homes or townhouses.
- Opportunity to assemble two side‑by‑side 75 x 100 lots (adjacent property also available), for a combined 150 x 100 parcel with subdivision potential.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,591
Businesses Nearby
Explore this area
Business Placement
Demographics for 07114, NJ
17,767
Population
4,694
Households
3.8
Avg Household Size
39
Median Age
9%
College-Educated
69%
High-School Grad
7.9 sq mi
ZIP Area
2,249
Density / Sq Mi
$34,167
Median Household Income
$35,916
Median Earnings
$616
Median Rent
$384,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant 75-by-100 lot in an R-3 district, delivered vacant with a zoning framework allowing up to four-family development.
Where is this residential land & home lot located?
The property is located at 113-117 Vanderpool Street Newark, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 75 x 100 vacant lot in an R‑3 zoning district, with potential to subdivide into three 25 x 100 lots (subject to municipal approvals).; R‑3 zoning allows up to 4‑family homes or townhouses.; Opportunity to assemble two side‑by‑side 75 x 100 lots (adjacent property also available), for a combined 150 x 100 parcel with subdivision potential.
