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Cape May County, NJ · Sold

NJ-642350

4703 County Road 16

$38,500
$35,000/ac · 1.10 ac
Acreage1.10 ac
Price per acre$35,000/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedJan 12, 2024
Coordinates39.1229, -74.8874
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

Cape May County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Cape May market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands1.5% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,194 ft away

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

Buildable area1.03 of 1.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,161
$24,701$39,621 · $29,237/ac on 1.10 ac
Asking vs estimate
+19.7%
Priced above 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 $38,500
Maximum allowable offer
$18,378
$16,707/ac · +30.0% target margin

You need $20,122 off asking to hit this margin.

All-in cost$19,940
Net resale$29,588
Projected profit$9,648
ROI+48.4%
Annualized+69.2%
Break-even resale$19,704/ac
Profit if resale lands off target
-20%
$3,730
-10%
$6,689
0%
$9,648
+10%
$12,607
+20%
$15,565
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70832,5547.3 mi
89
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19145,2180.1 mi
88
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41524,4884.2 mi
84
NJ-142693
Dirt · Power at road
1.4Apr 18, 2026$47,80033,92829,3273.0 mi
83
NJ-692840
Landlocked · Off grid
1.6Oct 19, 2025$28,50018,13623,8440.4 mi
83
NJ-132358
Dirt · Off grid
1.1Jun 6, 2025$33,70030,64332,1785.7 mi
82
NJ-641961
Gravel · Power at road
0.8Sep 5, 2025$32,20038,77829,3883.5 mi
79
NJ-353240
Dirt · Power at road
2.1Sep 8, 2025$44,50021,27618,9854.3 mi
76
NJ-173241
Dirt · Full utilities
2.1Nov 16, 2025$80,30038,40127,8716.9 mi
75
NJ-673642
Dirt · Off grid
2.8Jul 27, 2026$71,50025,52026,0166.7 mi
75
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%

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.