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Cape May County, NJ · Sold

NJ-549914

3326 County Road 340

$3,602,000
$13,691/ac · 263 ac
Acreage263 ac
Price per acre$13,691/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedDec 26, 2025
Coordinates39.0516, -74.8560
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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

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

View Cape May market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
33
Moderate risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power238 ft away

Power at or near the road.

Buildable area225.44 of 263.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,065,886
$3,114,563$5,017,209 · $15,454/ac on 263 ac
Asking vs estimate
-11.4%
Priced below the comp set

Weighted from 3 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 $3,602,000
Maximum allowable offer
$2,323,364
$8,831/ac · +30.0% target margin

You need $1,278,636 off asking to hit this margin.

All-in cost$2,520,850
Net resale$3,740,615
Projected profit$1,219,765
ROI+48.4%
Annualized+69.2%
Break-even resale$10,415/ac
Profit if resale lands off target
-20%
$471,642
-10%
$845,704
0%
$1,219,765
+10%
$1,593,827
+20%
$1,967,889
Comparable sales3 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-299156
Gravel · Off grid
151.9Jul 27, 2026$4,067,70026,77518,4291.0 mi
79
NJ-639455
Landlocked · Power at road
188.7Sep 6, 2025$2,123,40011,25510,6532.9 mi
79
NJ-336740
Paved · Off grid
26.4Jul 27, 2026$1,172,60044,43517,8178.0 mi
60
Show adjustment detail for the top comp
  • Tract size (151.92 ac → 263.09 ac)-14.2%
  • 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.