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Cape May County, NJ · Sold

NJ-461416

835 County Road 224

$30,700
$54,821/ac · 0.56 ac
Acreage0.56 ac
Price per acre$54,821/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedSep 1, 2025
Coordinates39.1347, -74.7898
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

3 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope31.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power248 ft away

Power at or near the road.

Buildable area0.33 of 0.56 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,694
$24,773$34,614 · $53,025/ac on 0.56 ac
Asking vs estimate
+3.4%
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 $30,700
Maximum allowable offer
$16,968
$30,300/ac · +30.0% target margin

You need $13,732 off asking to hit this margin.

All-in cost$18,410
Net resale$27,318
Projected profit$8,908
ROI+48.4%
Annualized+69.2%
Break-even resale$35,734/ac
Profit if resale lands off target
-20%
$3,444
-10%
$6,176
0%
$8,908
+10%
$11,640
+20%
$14,372
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-231302
Landlocked · Full utilities
0.5May 15, 2026$20,10039,43356,6546.5 mi
86
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41539,7524.6 mi
78
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70852,8457.3 mi
76
NJ-810053
Gravel · Power at road
0.3Jul 27, 2026$15,60051,85061,1527.8 mi
76
NJ-641961
Gravel · Power at road
0.8Sep 5, 2025$32,20038,77847,7067.6 mi
72
NJ-960383
Gravel · Full utilities
0.3Mar 25, 2026$13,80046,06345,1646.2 mi
71
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19173,4035.3 mi
71
NJ-350464
Dirt · Power at road
0.3Jul 10, 2025$11,00036,77352,6433.8 mi
70
NJ-132358
Dirt · Off grid
1.1Jun 6, 2025$33,70030,64352,2350.9 mi
70
NJ-580199
Dirt · Power at road
0.3Oct 8, 2024$9,90033,06048,7601.0 mi
69
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.1%

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.