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Cumberland County, NJ · Sold

NJ-755588

1433 County Road 198

$261,800
$22,845/ac · 11.46 ac
Acreage11.46 ac
Price per acre$22,845/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJun 11, 2024
Coordinates39.3596, -75.1928
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

Cumberland County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Cumberland market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope16.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

800 ft of deeded road frontage.

Power231 ft away

Power at or near the road.

Buildable area9.10 of 11.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$267,057
$231,144$302,971 · $23,303/ac on 11.46 ac
Asking vs estimate
-2.0%
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 $261,800
Maximum allowable offer
$152,604
$13,316/ac · +30.0% target margin

You need $109,196 off asking to hit this margin.

All-in cost$165,575
Net resale$245,693
Projected profit$80,118
ROI+48.4%
Annualized+69.3%
Break-even resale$15,704/ac
Profit if resale lands off target
-20%
$30,979
-10%
$55,548
0%
$80,118
+10%
$104,687
+20%
$129,256
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-665292
Landlocked · Full utilities
9.3Jan 1, 2026$146,20015,80819,2124.2 mi
77
NJ-525525
Dirt · Off grid
10.9May 9, 2024$197,00017,99526,8576.3 mi
72
NJ-377422
Gravel · Power at road
43.3May 2, 2026$751,30017,36721,0899.6 mi
72
NJ-353442
Gravel · Power at road
2.4Jul 27, 2026$69,30028,62626,5186.0 mi
71
NJ-563388
Gravel · Power at road
2.3Jan 20, 2026$69,80029,95828,3261.8 mi
68
NJ-667411
Paved · Off grid
42.9Jul 27, 2026$865,90020,17424,1506.1 mi
67
NJ-247258
Gravel · Full utilities
38.4May 2, 2025$787,60020,50620,7971.6 mi
65
NJ-877431
Dirt · Power at road
43.5Nov 19, 2025$593,20013,62519,6224.4 mi
64
NJ-203353
Dirt · Power at road
2.3Jul 12, 2026$45,40019,99721,54511.4 mi
64
NJ-514055
Landlocked · Off grid
3.8Oct 15, 2025$56,10014,88924,9687.1 mi
63
Show adjustment detail for the top comp
  • Tract size (9.25 ac → 11.46 ac)-1.7%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (7 mo)+2.6%

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.