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Gloucester County, NJ · Sold

NJ-776363

3721 County Road 2

$429,700
$21,389/ac · 20.09 ac
Acreage20.09 ac
Price per acre$21,389/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedOct 8, 2024
Coordinates39.7384, -75.1697
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power35 ft away

Power at or near the road.

Buildable area16.51 of 20.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$470,930
$366,323$575,538 · $23,441/ac on 20.09 ac
Asking vs estimate
-8.8%
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 $429,700
Maximum allowable offer
$269,103
$13,395/ac · +30.0% target margin

You need $160,597 off asking to hit this margin.

All-in cost$291,977
Net resale$433,256
Projected profit$141,279
ROI+48.4%
Annualized+69.2%
Break-even resale$15,797/ac
Profit if resale lands off target
-20%
$54,628
-10%
$97,953
0%
$141,279
+10%
$184,604
+20%
$227,930
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-906468
Gravel · Off grid
21.7Feb 10, 2026$377,20017,40718,1695.8 mi
80
NJ-626257
Paved · Off grid
18.6Oct 13, 2024$491,40026,41924,1683.9 mi
78
NJ-645448
Paved · Power at road
10.3Jul 27, 2026$468,60045,27730,8614.0 mi
78
NJ-137977
Gravel · Power at road
64.7Jul 27, 2026$1,802,10027,86629,4445.6 mi
75
NJ-567938
Paved · Full utilities
62.9Jul 27, 2026$2,273,70036,16526,3823.3 mi
75
NJ-637983
Dirt · Full utilities
65.0Jul 27, 2026$1,886,10029,03929,2722.9 mi
73
NJ-115337
Landlocked · Off grid
9.6May 9, 2026$104,70010,95915,2904.6 mi
72
NJ-877609
Landlocked · Off grid
49.5Jun 14, 2026$558,90011,28219,6036.2 mi
70
NJ-327130
Paved · Full utilities
35.0Nov 21, 2024$1,041,90029,75920,7314.1 mi
66
NJ-905127
Dirt · Off grid
8.2Jun 14, 2024$133,70016,30019,1871.1 mi
66
Show adjustment detail for the top comp
  • Tract size (21.67 ac → 20.09 ac)+1.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.1%

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.