← New search
Gloucester County, NJ · Sold

NJ-972267

2902 County Road 122

$28,400
$27,573/ac · 1.03 ac
Acreage1.03 ac
Price per acre$27,573/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedSep 11, 2023
Coordinates39.6916, -75.2432
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
34
Moderate risk
Wetlands24.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

121 ft of deeded road frontage.

Power10,792 ft away

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

Buildable area0.74 of 1.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,887
$20,863$28,910 · $24,162/ac on 1.03 ac
Asking vs estimate
+14.1%
Priced above 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 $28,400
Maximum allowable offer
$14,221
$13,807/ac · +30.0% target margin

You need $14,179 off asking to hit this margin.

All-in cost$15,430
Net resale$22,896
Projected profit$7,466
ROI+48.4%
Annualized+69.2%
Break-even resale$16,283/ac
Profit if resale lands off target
-20%
$2,887
-10%
$5,176
0%
$7,466
+10%
$9,756
+20%
$12,045
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-381580
Gravel · Off grid
0.6Jun 29, 2026$23,10036,65131,5617.9 mi
82
NJ-153166
Dirt · Power at road
2.0Jul 27, 2026$41,20020,79117,8844.4 mi
79
NJ-633176
Gravel · Power at road
2.0Jul 27, 2026$66,80033,37924,6968.2 mi
77
NJ-943157
Gravel · Off grid
2.0Jul 12, 2026$44,30022,49919,6129.0 mi
75
NJ-291652
Dirt · Full utilities
0.7Dec 1, 2025$20,80031,49422,5067.6 mi
73
NJ-211338
Landlocked · Off grid
0.5Jul 24, 2025$9,50017,93323,5693.5 mi
70
NJ-642990
Dirt · Off grid
1.7Dec 27, 2023$37,70021,68424,2624.9 mi
68
NJ-711932
Landlocked · Full utilities
0.8Nov 10, 2024$24,40030,14828,46812.1 mi
67
NJ-563720
Dirt · Full utilities
3.0Feb 17, 2025$101,80034,38125,9516.1 mi
63
NJ-773910
Landlocked · Power at road
3.4Apr 24, 2025$68,00019,99623,2207.1 mi
59
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (2 mo)+0.5%

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.