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Cape May County, NJ · Sold

NJ-639455

9868 County Road 211

$2,432,300
$12,892/ac · 189 ac
Acreage189 ac
Price per acre$12,892/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedFeb 4, 2025
Coordinates39.0687, -74.8071
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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power64 ft away

Power at or near the road.

Buildable area153.96 of 188.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,507,556
$3,070,109$3,945,003 · $18,591/ac on 189 ac
Asking vs estimate
-30.7%
Priced below the comp set

Weighted from 4 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 $2,432,300
Maximum allowable offer
$2,004,318
$10,623/ac · +30.0% target margin

You need $427,982 off asking to hit this margin.

All-in cost$2,174,685
Net resale$3,226,952
Projected profit$1,052,267
ROI+48.4%
Annualized+69.2%
Break-even resale$12,529/ac
Profit if resale lands off target
-20%
$406,876
-10%
$729,571
0%
$1,052,267
+10%
$1,374,962
+20%
$1,697,657
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-299156
Gravel · Off grid
151.9Jul 27, 2026$4,067,70026,77520,2403.0 mi
83
NJ-549914
Landlocked · Power at road
263.1Mar 7, 2026$3,512,00013,34914,9332.9 mi
82
NJ-336740
Paved · Off grid
26.4Jul 27, 2026$1,172,60044,43519,5688.9 mi
66
NJ-256307
Paved · Full utilities
19.3Jan 2, 2026$1,300,70067,43020,2852.5 mi
59
Show adjustment detail for the top comp
  • Tract size (151.92 ac → 188.67 ac)-5.7%
  • Access (Gravel → Landlocked)-32.0%
  • 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.