Gloucester County, NJ · Sold

NJ-642990

9670 County Road 362

$39,800

$22,874/ac · 1.74 ac

Offer report Market this tract

Acreage1.74 ac

Price per acre$22,874/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedSep 2, 2023

Coordinates39.7456, -75.1822

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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

Low risk

Wetlands15.5% 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

209 ft of deeded road frontage.

Power13,508 ft away

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

Buildable area1.40 of 1.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$39,261

$31,149 – $47,373 · $22,564/ac on 1.74 ac

Asking vs estimate

+1.4%

In line with 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 $39,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$22,435

$12,894/ac · +30.0% target margin

You need $17,365 off asking to hit this margin.

All-in cost$24,342

Net resale$36,120

Projected profit$11,778

ROI+48.4%

Annualized+69.2%

Break-even resale$15,206/ac

Profit if resale lands off target

-20%

$4,554

-10%

$8,166

$11,778

+10%

$15,390

+20%

$19,002

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-153166 Dirt · Power at road	2.0	Jul 27, 2026	$41,200	20,791	17,754	4.7 mi	86
NJ-943157 Gravel · Off grid	2.0	Jul 12, 2026	$44,300	22,499	19,470	4.9 mi	85
NJ-633176 Gravel · Power at road	2.0	Jul 27, 2026	$66,800	33,379	24,518	4.0 mi	85
NJ-344000 Paved · Power at road	3.6	Jul 27, 2026	$83,400	22,974	14,530	2.8 mi	76
NJ-381580 Gravel · Off grid	0.6	Jun 29, 2026	$23,100	36,651	31,332	3.0 mi	73
NJ-773910 Landlocked · Power at road	3.4	Apr 24, 2025	$68,000	19,996	23,053	2.3 mi	72
NJ-563720 Dirt · Full utilities	3.0	Feb 17, 2025	$101,800	34,381	25,764	2.7 mi	71
NJ-291652 Dirt · Full utilities	0.7	Dec 1, 2025	$20,800	31,494	22,343	4.0 mi	69
NJ-972267 Dirt · Off grid	1.0	Feb 11, 2024	$25,900	25,119	27,568	4.9 mi	68
NJ-884255 Gravel · Off grid	4.4	Mar 10, 2025	$97,200	22,297	20,853	4.1 mi	65

Show adjustment detail for the top comp

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.

Build the listing kit Post a deal or JV