Cumberland County, NJ · Sold

NJ-928885

5857 County Road 346

$1,978,500

$15,848/ac · 125 ac

Offer report Market this tract

Acreage125 ac

Price per acre$15,848/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedMay 4, 2024

Coordinates39.3753, -75.0461

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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

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

View Cumberland market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Low risk

Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope19.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,274 ft away

Service extension needed; get a utility quote.

Buildable area95.58 of 124.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,577,648

$1,306,072 – $1,849,224 · $12,637/ac on 125 ac

Asking vs estimate

+25.4%

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 $1,978,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$901,513

$7,221/ac · +30.0% target margin

You need $1,076,987 off asking to hit this margin.

All-in cost$978,142

Net resale$1,451,436

Projected profit$473,294

ROI+48.4%

Annualized+69.2%

Break-even resale$8,516/ac

Profit if resale lands off target

-20%

$183,007

-10%

$328,151

$473,294

+10%

$618,438

+20%

$763,582

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-508379 Gravel · Off grid	86.5	Jul 27, 2026	$1,336,900	15,451	12,159	4.0 mi	83
NJ-139412 Dirt · Power at road	182.9	Nov 12, 2025	$2,858,400	15,630	15,178	0.5 mi	80
NJ-908483 Landlocked · Power at road	93.3	Jun 21, 2026	$1,175,900	12,604	12,677	7.7 mi	78
NJ-667411 Paved · Off grid	42.9	Jul 27, 2026	$865,900	20,174	11,580	2.2 mi	74
NJ-548232 Landlocked · Full utilities	77.8	Apr 29, 2025	$1,342,700	17,260	14,282	9.8 mi	70
NJ-877431 Dirt · Power at road	43.5	Nov 19, 2025	$593,200	13,625	9,409	4.8 mi	67
NJ-377422 Gravel · Power at road	43.3	May 2, 2026	$751,300	17,367	10,113	6.2 mi	67
NJ-577748 Paved · Full utilities	54.8	Jun 6, 2025	$1,838,600	33,563	14,759	7.8 mi	63
NJ-859981 Landlocked · Full utilities	276.2	Feb 2, 2025	$3,778,400	13,682	15,960	6.8 mi	63
NJ-247258 Gravel · Full utilities	38.4	May 2, 2025	$787,600	20,506	9,973	7.0 mi	59

Show adjustment detail for the top comp

Tract size (86.53 ac → 124.84 ac)-8.7%
Access (Gravel → Dirt)-14.0%

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.

Build the listing kit Post a deal or JV