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Hunterdon County, NJ · Sold

NJ-774088

5040 County Road 142

$197,500
$51,034/ac · 3.87 ac
Acreage3.87 ac
Price per acre$51,034/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedMar 9, 2024
Coordinates40.5308, -74.9772
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

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

View Hunterdon market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope18.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

286 ft of deeded road frontage.

Power140 ft away

Power at or near the road.

Buildable area2.94 of 3.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$190,323
$149,124$231,521 · $49,179/ac on 3.87 ac
Asking vs estimate
+3.8%
In line with 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 $197,500
Maximum allowable offer
$108,756
$28,102/ac · +30.0% target margin

You need $88,744 off asking to hit this margin.

All-in cost$118,000
Net resale$175,097
Projected profit$57,097
ROI+48.4%
Annualized+69.2%
Break-even resale$33,142/ac
Profit if resale lands off target
-20%
$22,077
-10%
$39,587
0%
$57,097
+10%
$74,606
+20%
$92,116
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-914086
Dirt · Off grid
3.9Nov 20, 2025$118,80030,78251,2194.9 mi
80
NJ-893527
Dirt · Off grid
2.6Aug 12, 2024$52,60020,48335,4090.5 mi
70
NJ-622140
Gravel · Power at road
0.9Sep 6, 2025$41,00043,59351,9463.4 mi
68
NJ-665550
Gravel · Full utilities
11.2Dec 19, 2023$514,90046,18052,8472.7 mi
63
NJ-952042
Dirt · Power at road
0.9Oct 25, 2025$43,30049,21567,7807.1 mi
61
NJ-912666
Gravel · Power at road
1.4Jun 1, 2024$40,20029,11336,6334.7 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (9 mo)+3.1%

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.