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Hudson County, NJ · Sold

NJ-708350

1352 County Road 388

$2,425,600
$28,627/ac · 84.73 ac
Acreage84.73 ac
Price per acre$28,627/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJan 24, 2025
Coordinates40.6865, -74.0529
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

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

View Hudson market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,750 ft away

Service extension needed; get a utility quote.

Buildable area79.69 of 84.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,061,980
$1,768,328$2,355,632 · $24,336/ac on 84.73 ac
Asking vs estimate
+17.6%
Priced above the comp set

Weighted from 6 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 $2,425,600
Maximum allowable offer
$1,178,274
$13,906/ac · +30.0% target margin

You need $1,247,326 off asking to hit this margin.

All-in cost$1,278,427
Net resale$1,897,022
Projected profit$618,594
ROI+48.4%
Annualized+69.2%
Break-even resale$16,400/ac
Profit if resale lands off target
-20%
$239,190
-10%
$428,892
0%
$618,594
+10%
$808,297
+20%
$997,999
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-157992
Landlocked · Off grid
65.4Jul 27, 2026$1,382,90021,15225,2714.1 mi
84
NJ-298266
Dirt · Power at road
79.7Apr 11, 2024$2,132,10026,74124,6173.9 mi
80
NJ-657664
Dirt · Power at road
51.5Sep 9, 2024$1,486,10028,82923,7524.6 mi
73
NJ-736838
Paved · Off grid
28.3Jul 27, 2026$941,20033,20919,5364.4 mi
72
NJ-677950
Gravel · Power at road
63.4Aug 1, 2024$1,871,40029,50821,9281.2 mi
71
NJ-347352
Gravel · Power at road
41.1May 15, 2025$1,945,60047,31431,2412.9 mi
67
Show adjustment detail for the top comp
  • Tract size (65.38 ac → 84.73 ac)-5.7%
  • Access (Landlocked → Dirt)+26.5%

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.