Bergen County, NJ · Sold

NJ-936786

2934 County Road 124

$814,500

$29,846/ac · 27.29 ac

Offer report Market this tract

Acreage27.29 ac

Price per acre$29,846/ac

ZoningUnzoned

Road accessPaved

UtilitiesOff grid

TopographyWooded

ListedAug 19, 2025

Coordinates41.0233, -74.0067

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands13.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,326 ft of deeded road frontage.

Power5,458 ft away

A long utility run — price in solar/off-grid instead.

Buildable area22.40 of 27.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$841,625

$656,933 – $1,026,318 · $30,840/ac on 27.29 ac

Asking vs estimate

-3.2%

In line with the comp set

Weighted from 10 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 $814,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$480,929

$17,623/ac · +30.0% target margin

You need $333,571 off asking to hit this margin.

All-in cost$521,808

Net resale$774,295

Projected profit$252,487

ROI+48.4%

Annualized+69.2%

Break-even resale$20,784/ac

Profit if resale lands off target

-20%

$97,628

-10%

$175,058

$252,487

+10%

$329,917

+20%

$407,346

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-166091 Paved · Off grid	16.5	Dec 17, 2025	$507,700	30,788	29,596	5.8 mi	76
NJ-788029 Gravel · Off grid	67.2	Feb 13, 2026	$1,489,000	22,174	31,636	7.0 mi	74
NJ-998376 Paved · Off grid	86.3	Jul 6, 2025	$1,603,600	18,573	24,386	0.8 mi	73
NJ-678109 Landlocked · Off grid	71.2	Mar 11, 2026	$826,400	11,613	24,610	9.9 mi	72
NJ-437629 Dirt · Off grid	50.3	Feb 25, 2025	$825,500	16,424	26,652	6.5 mi	71
NJ-355468 Gravel · Power at road	10.5	Jul 27, 2026	$291,600	27,768	24,980	7.1 mi	71
NJ-126947 Landlocked · Power at road	30.7	Feb 2, 2024	$761,800	24,839	41,290	6.0 mi	70
NJ-785699 Dirt · Off grid	12.4	Aug 8, 2025	$346,900	27,929	36,299	2.7 mi	69
NJ-207431 Dirt · Power at road	43.5	Feb 11, 2025	$1,423,900	32,704	43,932	7.9 mi	66
NJ-255751 Dirt · Full utilities	12.9	Jun 26, 2024	$350,900	27,223	25,852	8.7 mi	59

Show adjustment detail for the top comp

Tract size (16.49 ac → 27.29 ac)-6.5%
Market time (8 mo)+2.8%

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.

Build the listing kit Post a deal or JV