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Essex County, NJ · Sold

NJ-376567

2633 County Road 387

$773,800
$33,225/ac · 23.29 ac
Acreage23.29 ac
Price per acre$33,225/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedApr 2, 2026
Coordinates40.8450, -74.2993
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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands12.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

524 ft of deeded road frontage.

Power13,256 ft away

A long utility run — price in solar/off-grid instead.

Buildable area19.27 of 23.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$678,955
$553,319$804,591 · $29,152/ac on 23.29 ac
Asking vs estimate
+14.0%
Priced above the comp set

Weighted from 9 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 $773,800
Maximum allowable offer
$387,974
$16,658/ac · +30.0% target margin

You need $385,826 off asking to hit this margin.

All-in cost$420,952
Net resale$624,639
Projected profit$203,687
ROI+48.4%
Annualized+69.3%
Break-even resale$19,646/ac
Profit if resale lands off target
-20%
$78,759
-10%
$141,223
0%
$203,687
+10%
$266,151
+20%
$328,615
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-836532
Dirt · Off grid
22.7Aug 22, 2025$502,00022,11622,9465.8 mi
82
NJ-755500
Paved · Off grid
10.8Jul 27, 2026$483,10044,93630,1221.5 mi
79
NJ-287830
Paved · Power at road
58.1Jul 27, 2026$2,453,80042,20630,7822.4 mi
74
NJ-736907
Gravel · Off grid
29.8Nov 28, 2024$1,004,50033,72032,2534.1 mi
73
NJ-654942
Dirt · Power at road
7.2Jul 14, 2026$340,10047,37036,0177.4 mi
70
NJ-645680
Gravel · Full utilities
12.3Feb 12, 2025$505,70041,28124,4161.5 mi
68
NJ-237336
Gravel · Power at road
40.6Dec 30, 2024$939,90023,12219,7626.9 mi
65
NJ-378116
Gravel · Power at road
71.5Aug 31, 2024$2,311,90032,32531,4304.7 mi
58
NJ-134972
Paved · Full utilities
7.3Nov 10, 2023$532,70072,67736,7578.2 mi
53
Show adjustment detail for the top comp
  • Market time (12 mo)+4.1%

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.