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Bergen County, NJ · Sold

NJ-459915

8815 County Road 205

$5,698,300
$21,644/ac · 263 ac
Acreage263 ac
Price per acre$21,644/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedApr 25, 2024
Coordinates40.9038, -74.0842
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

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

View Bergen market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,916 ft of deeded road frontage.

Power58 ft away

Power at or near the road.

Buildable area218.35 of 263.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,413,378
$3,737,707$5,089,049 · $16,763/ac on 263 ac
Asking vs estimate
+29.1%
Priced above 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 $5,698,300
Maximum allowable offer
$2,521,930
$9,579/ac · +30.0% target margin

You need $3,176,370 off asking to hit this margin.

All-in cost$2,736,294
Net resale$4,060,308
Projected profit$1,324,014
ROI+48.4%
Annualized+69.2%
Break-even resale$11,297/ac
Profit if resale lands off target
-20%
$511,952
-10%
$917,983
0%
$1,324,014
+10%
$1,730,044
+20%
$2,136,075
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-788029
Gravel · Off grid
67.2Feb 13, 2026$1,489,00022,17418,7052.5 mi
68
NJ-758976
Gravel · Off grid
133.3Dec 12, 2024$2,726,90020,44921,3534.7 mi
67
NJ-678109
Landlocked · Off grid
71.2Mar 11, 2026$826,40011,61314,5512.4 mi
66
NJ-478592
Gravel · Power at road
101.0Jan 24, 2025$1,875,00018,57015,2874.7 mi
66
NJ-998376
Paved · Off grid
86.3Jul 6, 2025$1,603,60018,57314,4189.3 mi
59
NJ-437629
Dirt · Off grid
50.3Feb 25, 2025$825,50016,42415,7586.2 mi
55
Show adjustment detail for the top comp
  • Tract size (67.15 ac → 263.28 ac)-29.8%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.1%

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.