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Cape May County, NJ · Sold

NJ-734176

5959 County Road 273

$197,700
$47,985/ac · 4.12 ac
Acreage4.12 ac
Price per acre$47,985/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedApr 30, 2024
Coordinates39.0989, -74.8184
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
14
Low risk
Wetlands0.6% of tract

Little to no mapped wetland coverage.

Average slope17.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

302 ft of deeded road frontage.

Power20 ft away

Power at or near the road.

Buildable area3.28 of 4.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$161,944
$116,895$206,993 · $39,307/ac on 4.12 ac
Asking vs estimate
+22.1%
Priced above 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 $197,700
Maximum allowable offer
$92,539
$22,461/ac · +30.0% target margin

You need $105,161 off asking to hit this margin.

All-in cost$100,405
Net resale$148,988
Projected profit$48,583
ROI+48.4%
Annualized+69.3%
Break-even resale$26,489/ac
Profit if resale lands off target
-20%
$18,786
-10%
$33,685
0%
$48,583
+10%
$63,482
+20%
$78,381
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-104960
Dirt · Power at road
7.3Jul 27, 2026$185,20025,47830,5424.2 mi
79
NJ-673642
Dirt · Off grid
2.8Jul 27, 2026$71,50025,52034,5495.9 mi
78
NJ-765140
Paved · Full utilities
8.3May 31, 2026$560,50067,69649,2162.7 mi
75
NJ-353240
Dirt · Power at road
2.1Sep 8, 2025$44,50021,27625,2121.0 mi
72
NJ-445377
Gravel · Off grid
9.8Dec 19, 2025$430,10043,75155,5752.2 mi
72
NJ-344776
Dirt · Off grid
6.4Jun 19, 2024$132,70020,86331,7674.0 mi
71
NJ-173241
Dirt · Full utilities
2.1Nov 16, 2025$80,30038,40137,0143.8 mi
70
NJ-142693
Dirt · Power at road
1.4Apr 18, 2026$47,80033,92838,9476.4 mi
69
NJ-265488
Gravel · Off grid
10.7Dec 14, 2024$481,20045,14460,1175.7 mi
67
NJ-692840
Landlocked · Off grid
1.6Oct 19, 2025$28,50018,13631,6654.0 mi
66
Show adjustment detail for the top comp
  • Tract size (7.27 ac → 4.12 ac)+2.9%
  • Access (Dirt → Gravel)+16.3%

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.