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Essex County, NJ · Sold

NJ-634129

2774 County Road 155

$101,700
$25,553/ac · 3.98 ac
Acreage3.98 ac
Price per acre$25,553/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedAug 16, 2024
Coordinates40.7783, -74.2535
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

1 item to verify before you offer.

Risk index
31
Moderate risk
Wetlands8.1% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power43 ft away

Power at or near the road.

Buildable area3.47 of 3.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$127,812
$106,778$148,845 · $32,113/ac on 3.98 ac
Asking vs estimate
-20.4%
Priced below 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 $101,700
Maximum allowable offer
$73,035
$18,351/ac · +30.0% target margin

You need $28,665 off asking to hit this margin.

All-in cost$79,243
Net resale$117,587
Projected profit$38,344
ROI+48.4%
Annualized+69.3%
Break-even resale$21,642/ac
Profit if resale lands off target
-20%
$14,826
-10%
$26,585
0%
$38,344
+10%
$50,102
+20%
$61,861
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-844456
Dirt · Power at road
5.0Jul 27, 2026$215,00042,56834,0694.6 mi
84
NJ-363624
Dirt · Off grid
2.8Jul 27, 2026$98,10035,54732,7544.3 mi
80
NJ-654942
Dirt · Power at road
7.2Jul 14, 2026$340,10047,37038,6933.8 mi
78
NJ-354019
Dirt · Full utilities
3.7Dec 13, 2023$179,50048,78035,0683.7 mi
76
NJ-314100
Dirt · Off grid
3.9Jan 29, 2025$104,50026,80326,5305.5 mi
75
NJ-755500
Paved · Off grid
10.8Jul 27, 2026$483,10044,93632,3605.3 mi
71
NJ-443805
Dirt · Power at road
3.1Apr 20, 2024$79,10025,09921,6105.7 mi
70
NJ-603063
Landlocked · Off grid
1.8Feb 23, 2024$48,80026,50233,7152.3 mi
65
NJ-645680
Gravel · Full utilities
12.3Feb 12, 2025$505,70041,28126,2304.1 mi
65
NJ-134972
Paved · Full utilities
7.3Nov 10, 2023$532,70072,67739,4883.9 mi
62
Show adjustment detail for the top comp
  • Tract size (5.05 ac → 3.98 ac)+1.0%
  • Access (Dirt → Landlocked)-20.9%

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.