← New search
Cape May County, NJ · Sold

NJ-231302

8944 County Road 382

$19,300
$37,843/ac · 0.51 ac
Acreage0.51 ac
Price per acre$37,843/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedApr 16, 2026
Coordinates39.0448, -74.7555
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

1 item to verify before you offer.

Risk index
24
Low risk
Wetlands0.3% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area0.48 of 0.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,945
$13,975$23,916 · $37,148/ac on 0.51 ac
Asking vs estimate
+1.9%
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 $19,300
Maximum allowable offer
$10,826
$21,227/ac · +30.0% target margin

You need $8,474 off asking to hit this margin.

All-in cost$11,746
Net resale$17,430
Projected profit$5,684
ROI+48.4%
Annualized+69.2%
Break-even resale$25,035/ac
Profit if resale lands off target
-20%
$2,198
-10%
$3,941
0%
$5,684
+10%
$7,427
+20%
$9,170
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-461416
Paved · Power at road
0.6Apr 1, 2026$25,30045,11832,2346.5 mi
85
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41527,9624.8 mi
79
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70837,1723.5 mi
79
NJ-810053
Gravel · Power at road
0.3Jul 27, 2026$15,60051,85043,0147.2 mi
76
NJ-960383
Gravel · Full utilities
0.3Mar 25, 2026$13,80046,06331,76910.6 mi
72
NJ-350464
Dirt · Power at road
0.3Jul 10, 2025$11,00036,77337,0302.8 mi
70
NJ-902583
Landlocked · Power at road
1.3Feb 14, 2025$22,70017,49322,8725.5 mi
69
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19151,6328.9 mi
67
NJ-161950
Gravel · Full utilities
0.8Feb 21, 2025$64,80078,98557,2359.7 mi
67
NJ-641961
Gravel · Power at road
0.8Sep 5, 2025$32,20038,77833,55712.3 mi
67
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.6%

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.