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Cape May County, NJ · Sold

NJ-353240

494 County Road 395

$53,900
$25,789/ac · 2.09 ac
Acreage2.09 ac
Price per acre$25,789/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedDec 12, 2024
Coordinates39.1107, -74.8090
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
16
Low risk
Wetlands17.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

287 ft of deeded road frontage.

Power225 ft away

Power at or near the road.

Buildable area1.65 of 2.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$72,560
$57,289$87,831 · $34,718/ac on 2.09 ac
Asking vs estimate
-25.7%
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 $53,900
Maximum allowable offer
$41,463
$19,839/ac · +30.0% target margin

You need $12,437 off asking to hit this margin.

All-in cost$44,987
Net resale$66,755
Projected profit$21,768
ROI+48.4%
Annualized+69.2%
Break-even resale$23,397/ac
Profit if resale lands off target
-20%
$8,417
-10%
$15,092
0%
$21,768
+10%
$28,443
+20%
$35,119
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-173241
Dirt · Full utilities
2.1Nov 16, 2025$80,30038,40132,4634.6 mi
88
NJ-673642
Dirt · Off grid
2.8Jul 27, 2026$71,50025,52030,3026.8 mi
83
NJ-142693
Dirt · Power at road
1.4Apr 18, 2026$47,80033,92834,1596.9 mi
80
NJ-102110
Dirt · Full utilities
0.9Jul 27, 2026$43,00046,70837,9175.5 mi
80
NJ-692840
Landlocked · Off grid
1.6Oct 19, 2025$28,50018,13627,7724.2 mi
79
NJ-104960
Dirt · Power at road
7.3Jul 27, 2026$185,20025,47826,7875.1 mi
78
NJ-512297
Gravel · Full utilities
1.1May 6, 2026$42,80040,41528,5222.7 mi
74
NJ-642350
Dirt · Off grid
1.1Mar 18, 2025$36,80033,42541,2414.3 mi
73
NJ-732265
Dirt · Off grid
1.0Jan 19, 2026$45,50044,19152,6674.3 mi
73
NJ-132358
Dirt · Off grid
1.1Jun 6, 2025$33,70030,64337,4791.7 mi
72
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • 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.