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Cape May County, NJ · Sold

NJ-765140

5510 County Road 48

$527,300
$63,684/ac · 8.28 ac
Acreage8.28 ac
Price per acre$63,684/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedOct 8, 2025
Coordinates39.1317, -74.8452
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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
19
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

729 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.62 of 8.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$536,903
$412,838$660,968 · $64,843/ac on 8.28 ac
Asking vs estimate
-1.8%
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 $527,300
Maximum allowable offer
$306,802
$37,053/ac · +30.0% target margin

You need $220,498 off asking to hit this margin.

All-in cost$332,880
Net resale$493,951
Projected profit$161,071
ROI+48.4%
Annualized+69.2%
Break-even resale$43,699/ac
Profit if resale lands off target
-20%
$62,281
-10%
$111,676
0%
$161,071
+10%
$210,466
+20%
$259,861
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-104960
Dirt · Power at road
7.3Jul 27, 2026$185,20025,47842,3785.1 mi
88
NJ-445377
Gravel · Off grid
9.8Dec 19, 2025$430,10043,75177,1134.5 mi
78
NJ-336740
Paved · Off grid
26.4Jul 27, 2026$1,172,60044,43572,3535.1 mi
77
NJ-256307
Paved · Full utilities
19.3Jan 2, 2026$1,300,70067,43075,0063.7 mi
73
NJ-344776
Dirt · Off grid
6.4Jun 19, 2024$132,70020,86344,0782.1 mi
71
NJ-673642
Dirt · Off grid
2.8Jul 27, 2026$71,50025,52047,9397.5 mi
69
NJ-265488
Gravel · Off grid
10.7Dec 14, 2024$481,20045,14483,4158.4 mi
68
NJ-255805
Gravel · Full utilities
13.4Jun 9, 2024$746,00055,63374,6144.2 mi
68
NJ-555778
Landlocked · Full utilities
13.2Aug 18, 2024$524,30039,87177,9084.8 mi
68
NJ-734176
Gravel · Power at road
4.1Jun 20, 2025$163,50039,68457,7342.7 mi
68
Show adjustment detail for the top comp
  • Tract size (7.27 ac → 8.28 ac)-0.9%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Full utilities)+22.0%

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.