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Cape May County, NJ · Sold

NJ-673642

7753 County Road 115

$81,200
$29,000/ac · 2.80 ac
Acreage2.80 ac
Price per acre$29,000/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedApr 24, 2026
Coordinates39.0264, -74.8760
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
16
Low risk
Wetlands7.9% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power1,258 ft away

Service extension needed; get a utility quote.

Buildable area2.45 of 2.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$80,395
$60,533$100,258 · $28,713/ac on 2.80 ac
Asking vs estimate
+1.0%
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 $81,200
Maximum allowable offer
$45,940
$16,407/ac · +30.0% target margin

You need $35,260 off asking to hit this margin.

All-in cost$49,845
Net resale$73,964
Projected profit$24,119
ROI+48.4%
Annualized+69.3%
Break-even resale$19,350/ac
Profit if resale lands off target
-20%
$9,326
-10%
$16,722
0%
$24,119
+10%
$31,515
+20%
$38,911
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-173241
Dirt · Full utilities
2.1Nov 16, 2025$80,30038,40127,4003.8 mi
78
NJ-104960
Dirt · Power at road
7.3Jul 27, 2026$185,20025,47822,6092.6 mi
76
NJ-353240
Dirt · Power at road
2.1Sep 8, 2025$44,50021,27618,6646.8 mi
75
NJ-142693
Dirt · Power at road
1.4Apr 18, 2026$47,80033,92828,8326.3 mi
74
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70832,0043.1 mi
74
NJ-692840
Landlocked · Off grid
1.6Oct 19, 2025$28,50018,13623,4417.1 mi
70
NJ-734176
Gravel · Power at road
4.1Jun 20, 2025$163,50039,68430,8025.9 mi
70
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19144,4546.6 mi
70
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41524,0744.2 mi
70
NJ-765140
Paved · Full utilities
8.3May 31, 2026$560,50067,69636,4337.5 mi
68
Show adjustment detail for the top comp
  • Tract size (2.09 ac → 2.8 ac)-0.7%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (9 mo)+3.1%

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.