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Monmouth County, NJ

Monmouth County, New Jersey. Pinelands restrictions keep supply extremely tight.

Seller's market
Median $/acre
$25,691/ac
12-month change
+5.2%
Sales (12 mo)
31
Median days on market
155 d
Monthly absorption
11.7%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
0–5 ac43 listed$27,333/ac
5–20 ac18 listed$23,159/ac
20–50 ac13 listed$20,965/ac
50–100 ac10 listed$17,988/ac
100+ ac15 listed$13,572/ac
Most recent recorded sales
NJ-458627103.6 ac$1.44M$13,909/acRecreational buyer
NJ-4634652.5 ac$51,600$20,993/acNeighbor
NJ-98661424.1 ac$293,400$12,178/acNeighbor
NJ-599049140.6 ac$1.66M$11,802/acInvestor
NJ-189367177.0 ac$1.79M$10,136/ac1031 exchange
NJ-779970274.0 ac$2.74M$10,008/acNeighbor
NJ-95692430.2 ac$738,000$24,469/ac1031 exchange
NJ-1901520.3 ac$9,600$31,840/acRecreational buyer