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Cape May County, NJ · Sold

NJ-692840

8616 County Road 144

$27,300
$17,389/ac · 1.57 ac
Acreage1.57 ac
Price per acre$17,389/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedSep 5, 2025
Coordinates39.1284, -74.8831
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
34
Moderate risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope9.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power908 ft away

Service extension needed; get a utility quote.

Buildable area1.42 of 1.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,849
$26,864$44,833 · $22,834/ac on 1.57 ac
Asking vs estimate
-23.8%
Priced below 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 $27,300
Maximum allowable offer
$20,485
$13,048/ac · +30.0% target margin

You need $6,815 off asking to hit this margin.

All-in cost$22,226
Net resale$32,981
Projected profit$10,755
ROI+48.4%
Annualized+69.3%
Break-even resale$15,388/ac
Profit if resale lands off target
-20%
$4,158
-10%
$7,457
0%
$10,755
+10%
$14,053
+20%
$17,351
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-142693
Dirt · Power at road
1.4Apr 18, 2026$47,80033,92823,0783.3 mi
82
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70825,6177.5 mi
80
NJ-642350
Dirt · Off grid
1.1Mar 18, 2025$36,80033,42527,8630.4 mi
79
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19135,5830.5 mi
79
NJ-353240
Dirt · Power at road
2.1Sep 8, 2025$44,50021,27614,9394.2 mi
79
NJ-173241
Dirt · Full utilities
2.1Nov 16, 2025$80,30038,40121,9327.0 mi
78
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41519,2704.3 mi
78
NJ-673642
Dirt · Off grid
2.8Jul 27, 2026$71,50025,52020,4727.1 mi
77
NJ-641961
Gravel · Power at road
0.8Sep 5, 2025$32,20038,77823,1263.3 mi
74
NJ-902583
Landlocked · Power at road
1.3Feb 14, 2025$22,70017,49315,7628.1 mi
74
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.4%

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.