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Listed by Dyana Liborio RE/MAX Lifetime Realtors
$ 800,000
Est. payment /mo
Under Contract
119-123 Vanderpool ST Newark, NJ 07114
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residntl
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 26009657
Property Sub-Type Residntl
Property 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.
Location
State NJ
County Essex
Nearby Locations
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Your debt-to-income ratio is 36%
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