← New search
Cape May County, NJ · Sold

NJ-902583

8736 County Road 256

$27,300
$21,000/ac · 1.30 ac
Acreage1.30 ac
Price per acre$21,000/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJul 27, 2024
Coordinates39.0147, -74.8500
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
29
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope8.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power118 ft away

Power at or near the road.

Buildable area1.22 of 1.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,670
$29,492$43,847 · $28,208/ac on 1.30 ac
Asking vs estimate
-25.6%
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
$20,954
$16,119/ac · +30.0% target margin

You need $6,346 off asking to hit this margin.

All-in cost$22,735
Net resale$33,736
Projected profit$11,001
ROI+48.4%
Annualized+69.3%
Break-even resale$19,009/ac
Profit if resale lands off target
-20%
$4,254
-10%
$7,628
0%
$11,001
+10%
$14,375
+20%
$17,749
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41522,7334.5 mi
85
NJ-142693
Dirt · Power at road
1.4Apr 18, 2026$47,80033,92827,2257.8 mi
82
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70830,2212.0 mi
82
NJ-692840
Landlocked · Off grid
1.6Oct 19, 2025$28,50018,13622,1358.1 mi
77
NJ-231302
Landlocked · Full utilities
0.5May 15, 2026$20,10039,43332,3995.5 mi
77
NJ-673642
Dirt · Off grid
2.8Jul 27, 2026$71,50025,52024,1511.6 mi
76
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19141,9777.7 mi
75
NJ-461416
Paved · Power at road
0.6Apr 1, 2026$25,30045,11826,2068.9 mi
74
NJ-173241
Dirt · Full utilities
2.1Nov 16, 2025$80,30038,40125,8733.0 mi
73
NJ-132358
Dirt · Off grid
1.1Jun 6, 2025$33,70030,64329,8728.3 mi
72
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (3 mo)+1.2%

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.