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Cape May County, NJ · Sold

NJ-299156

4241 County Road 256

$3,933,900
$25,895/ac · 152 ac
Acreage152 ac
Price per acre$25,895/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedFeb 6, 2026
Coordinates39.0653, -74.8627
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
28
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope29.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,676 ft of deeded road frontage.

Power3,596 ft away

Service extension needed; get a utility quote.

Buildable area89.69 of 151.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,523,748
$2,808,151$4,239,345 · $23,195/ac on 152 ac
Asking vs estimate
+11.6%
Priced above the comp set

Weighted from 6 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 $3,933,900
Maximum allowable offer
$2,013,570
$13,254/ac · +30.0% target margin

You need $1,920,330 off asking to hit this margin.

All-in cost$2,184,723
Net resale$3,241,848
Projected profit$1,057,125
ROI+48.4%
Annualized+69.2%
Break-even resale$15,631/ac
Profit if resale lands off target
-20%
$408,755
-10%
$732,940
0%
$1,057,125
+10%
$1,381,310
+20%
$1,705,494
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-639455
Landlocked · Power at road
188.7Sep 6, 2025$2,123,40011,25515,5113.0 mi
76
NJ-549914
Landlocked · Power at road
263.1Mar 7, 2026$3,512,00013,34919,7981.0 mi
76
NJ-336740
Paved · Off grid
26.4Jul 27, 2026$1,172,60044,43525,9437.0 mi
66
NJ-256307
Paved · Full utilities
19.3Jan 2, 2026$1,300,70067,43026,8941.0 mi
62
NJ-255805
Gravel · Full utilities
13.4Jun 9, 2024$746,00055,63326,7546.2 mi
55
NJ-555778
Landlocked · Full utilities
13.2Aug 18, 2024$524,30039,87127,9355.4 mi
50
Show adjustment detail for the top comp
  • Tract size (188.67 ac → 151.92 ac)+6.1%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (11 mo)+4.0%

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.