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Gloucester County, NJ · Sold

NJ-827307

4884 County Road 118

$636,900
$16,003/ac · 39.80 ac
Acreage39.80 ac
Price per acre$16,003/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMar 14, 2024
Coordinates39.7035, -75.0521
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

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

View Gloucester market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope18.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power166 ft away

Power at or near the road.

Buildable area30.15 of 39.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$672,709
$563,512$781,905 · $16,902/ac on 39.80 ac
Asking vs estimate
-5.3%
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 $636,900
Maximum allowable offer
$384,405
$9,658/ac · +30.0% target margin

You need $252,495 off asking to hit this margin.

All-in cost$417,079
Net resale$618,892
Projected profit$201,812
ROI+48.4%
Annualized+69.2%
Break-even resale$11,391/ac
Profit if resale lands off target
-20%
$78,034
-10%
$139,923
0%
$201,812
+10%
$263,702
+20%
$325,591
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-137977
Gravel · Power at road
64.7Jul 27, 2026$1,802,10027,86620,9362.2 mi
81
NJ-877609
Landlocked · Off grid
49.5Jun 14, 2026$558,90011,28213,93910.0 mi
81
NJ-567938
Paved · Full utilities
62.9Jul 27, 2026$2,273,70036,16518,7596.9 mi
77
NJ-327130
Paved · Full utilities
35.0Nov 21, 2024$1,041,90029,75914,7416.1 mi
76
NJ-637983
Dirt · Full utilities
65.0Jul 27, 2026$1,886,10029,03920,8148.3 mi
75
NJ-906468
Gravel · Off grid
21.7Feb 10, 2026$377,20017,40712,9192.5 mi
73
NJ-288708
Landlocked · Full utilities
109.8Apr 2, 2026$1,979,50018,02518,7406.4 mi
70
NJ-776363
Dirt · Power at road
20.1Jul 6, 2025$437,00021,75216,1896.7 mi
67
NJ-369030
Dirt · Full utilities
138.7Nov 21, 2025$2,349,20016,94115,0093.1 mi
64
NJ-218292
Dirt · Off grid
81.3Apr 15, 2024$1,128,30013,88616,46710.2 mi
63
Show adjustment detail for the top comp
  • Tract size (64.67 ac → 39.8 ac)+10.2%
  • Access (Gravel → Landlocked)-32.0%

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.