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Essex County, NJ · Sold

NJ-742533

8751 County Road 368

$74,100
$59,280/ac · 1.25 ac
Acreage1.25 ac
Price per acre$59,280/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedDec 7, 2023
Coordinates40.7825, -74.2502
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

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

View Essex market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

273 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.07 of 1.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$55,369
$44,720$66,017 · $44,295/ac on 1.25 ac
Asking vs estimate
+33.8%
Priced above the comp set

Weighted from 7 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 $74,100
Maximum allowable offer
$31,639
$25,311/ac · +30.0% target margin

You need $42,461 off asking to hit this margin.

All-in cost$34,328
Net resale$50,939
Projected profit$16,611
ROI+48.4%
Annualized+69.3%
Break-even resale$29,851/ac
Profit if resale lands off target
-20%
$6,423
-10%
$11,517
0%
$16,611
+10%
$21,705
+20%
$26,799
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-211573
Dirt · Full utilities
0.6Jul 27, 2026$22,70035,98735,8373.7 mi
80
NJ-363624
Dirt · Off grid
2.8Jul 27, 2026$98,10035,54751,9114.6 mi
77
NJ-603063
Landlocked · Off grid
1.8Feb 23, 2024$48,80026,50253,4342.4 mi
72
NJ-634129
Landlocked · Power at road
4.0Jul 8, 2025$87,20021,89936,3180.3 mi
65
NJ-354019
Dirt · Full utilities
3.7Dec 13, 2023$179,50048,78055,5793.7 mi
62
NJ-314100
Dirt · Off grid
3.9Jan 29, 2025$104,50026,80342,0465.4 mi
62
NJ-443805
Dirt · Power at road
3.1Apr 20, 2024$79,10025,09934,2495.4 mi
61
Show adjustment detail for the top comp
  • Tract size (0.63 ac → 1.25 ac)-0.6%

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.