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Atlantic County, NJ · Sold

NJ-229093

4903 County Road 246

$2,520,500
$17,365/ac · 145 ac
Acreage145 ac
Price per acre$17,365/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedOct 13, 2024
Coordinates39.4951, -74.5742
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

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

View Atlantic market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands38.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,485 ft of deeded road frontage.

Power80 ft away

Power at or near the road.

Buildable area84.53 of 145.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,550,683
$2,322,964$2,778,402 · $17,573/ac on 145 ac
Asking vs estimate
-1.2%
In line with the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $2,520,500
Maximum allowable offer
$1,457,533
$10,042/ac · +30.0% target margin

You need $1,062,967 off asking to hit this margin.

All-in cost$1,581,423
Net resale$2,346,629
Projected profit$765,205
ROI+48.4%
Annualized+69.2%
Break-even resale$11,842/ac
Profit if resale lands off target
-20%
$295,880
-10%
$530,542
0%
$765,205
+10%
$999,868
+20%
$1,234,531
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-738942
Paved · Off grid
130.1Jul 27, 2026$2,084,80016,02318,3572.8 mi
88
NJ-688395
Dirt · Power at road
87.5Jul 27, 2026$1,334,60015,24618,4534.5 mi
84
NJ-548367
Dirt · Power at road
85.8May 28, 2026$1,408,70016,42219,9177.8 mi
75
NJ-928810
Dirt · Off grid
118.2Jul 8, 2025$1,125,6009,52015,2455.8 mi
74
NJ-227733
Dirt · Off grid
54.2Jul 29, 2025$668,30012,33316,4413.9 mi
64
NJ-457827
Dirt · Full utilities
58.0Mar 16, 2025$994,60017,14616,3932.7 mi
64
Show adjustment detail for the top comp
  • Tract size (130.11 ac → 145.15 ac)-2.8%
  • Utilities (Off grid → Power at road)+17.6%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.