← New search
Gloucester County, NJ · Sold

NJ-153166

8375 County Road 118

$38,800
$19,596/ac · 1.98 ac
Acreage1.98 ac
Price per acre$19,596/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 24, 2026
Coordinates39.6791, -75.1624
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
40
Moderate risk
Wetlands39.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

218 ft of deeded road frontage.

Power209 ft away

Power at or near the road.

Buildable area1.15 of 1.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$54,676
$44,560$64,793 · $27,614/ac on 1.98 ac
Asking vs estimate
-29.0%
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 $38,800
Maximum allowable offer
$31,244
$15,780/ac · +30.0% target margin

You need $7,556 off asking to hit this margin.

All-in cost$33,900
Net resale$50,302
Projected profit$16,402
ROI+48.4%
Annualized+69.2%
Break-even resale$18,610/ac
Profit if resale lands off target
-20%
$6,342
-10%
$11,372
0%
$16,402
+10%
$21,433
+20%
$26,463
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-943157
Gravel · Off grid
2.0Jul 12, 2026$44,30022,49922,8516.1 mi
90
NJ-633176
Gravel · Power at road
2.0Jul 27, 2026$66,80033,37928,7755.6 mi
87
NJ-344000
Paved · Power at road
3.6Jul 27, 2026$83,40022,97417,0533.4 mi
79
NJ-642990
Dirt · Off grid
1.7Dec 27, 2023$37,70021,68428,2694.7 mi
73
NJ-563720
Dirt · Full utilities
3.0Feb 17, 2025$101,80034,38130,2387.2 mi
71
NJ-381580
Gravel · Off grid
0.6Jun 29, 2026$23,10036,65136,7736.7 mi
68
NJ-773910
Landlocked · Power at road
3.4Apr 24, 2025$68,00019,99627,0566.9 mi
68
NJ-264339
Gravel · Off grid
4.6Sep 18, 2025$127,20027,41029,5355.8 mi
66
NJ-972267
Dirt · Off grid
1.0Feb 11, 2024$25,90025,11932,3554.4 mi
65
NJ-291652
Dirt · Full utilities
0.7Dec 1, 2025$20,80031,49426,2238.7 mi
65
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (1 mo)+0.4%

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.