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Essex County, NJ · Sold

NJ-363624

1009 County Road 303

$98,800
$35,797/ac · 2.76 ac
Acreage2.76 ac
Price per acre$35,797/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJun 28, 2025
Coordinates40.7317, -74.3071
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
30
Moderate risk
Wetlands23.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

432 ft of deeded road frontage.

Power6,550 ft away

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

Buildable area2.01 of 2.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$97,515
$76,518$118,511 · $35,331/ac on 2.76 ac
Asking vs estimate
+1.3%
In line with 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 $98,800
Maximum allowable offer
$55,723
$20,189/ac · +30.0% target margin

You need $43,077 off asking to hit this margin.

All-in cost$60,459
Net resale$89,714
Projected profit$29,254
ROI+48.4%
Annualized+69.2%
Break-even resale$23,810/ac
Profit if resale lands off target
-20%
$11,311
-10%
$20,283
0%
$29,254
+10%
$38,226
+20%
$47,197
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-844456
Dirt · Power at road
5.0Jul 27, 2026$215,00042,56837,0558.6 mi
76
NJ-654942
Dirt · Power at road
7.2Jul 14, 2026$340,10047,37042,0847.6 mi
73
NJ-314100
Dirt · Off grid
3.9Jan 29, 2025$104,50026,80328,8557.5 mi
72
NJ-634129
Landlocked · Power at road
4.0Jul 8, 2025$87,20021,89924,9244.3 mi
72
NJ-443805
Dirt · Power at road
3.1Apr 20, 2024$79,10025,09923,5049.8 mi
70
NJ-354019
Dirt · Full utilities
3.7Dec 13, 2023$179,50048,78038,1426.4 mi
69
NJ-603063
Landlocked · Off grid
1.8Feb 23, 2024$48,80026,50236,6703.9 mi
68
NJ-742533
Dirt · Full utilities
1.3May 1, 2024$77,10061,65146,3834.6 mi
64
NJ-134972
Paved · Full utilities
7.3Nov 10, 2023$532,70072,67742,9497.0 mi
57
Show adjustment detail for the top comp
  • Tract size (5.05 ac → 2.76 ac)+2.2%
  • Utilities (Power at road → Off grid)-15.0%

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.