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Hunterdon County, NJ · Sold

NJ-466862

3101 County Road 366

$743,000
$25,772/ac · 28.83 ac
Acreage28.83 ac
Price per acre$25,772/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedMar 20, 2024
Coordinates40.5874, -74.8379
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

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

497 ft of deeded road frontage.

Power13,270 ft away

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

Buildable area25.99 of 28.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$988,452
$829,801$1,147,104 · $34,286/ac on 28.83 ac
Asking vs estimate
-24.8%
Priced below the comp set

Weighted from 7 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 $743,000
Maximum allowable offer
$564,830
$19,592/ac · +30.0% target margin

You need $178,170 off asking to hit this margin.

All-in cost$612,841
Net resale$909,376
Projected profit$296,536
ROI+48.4%
Annualized+69.2%
Break-even resale$23,105/ac
Profit if resale lands off target
-20%
$114,660
-10%
$205,598
0%
$296,536
+10%
$387,473
+20%
$478,411
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-316872
Paved · Off grid
29.0Aug 10, 2025$890,20030,65331,9957.7 mi
81
NJ-407248
Landlocked · Power at road
38.1Feb 2, 2026$688,30018,04628,5237.4 mi
75
NJ-497698
Paved · Full utilities
52.8Oct 24, 2024$2,574,20048,72740,7561.8 mi
70
NJ-319538
Gravel · Power at road
200.4Jul 27, 2026$3,360,20016,77126,0922.7 mi
65
NJ-914086
Dirt · Off grid
3.9Nov 20, 2025$118,80030,78236,4857.4 mi
63
NJ-665550
Gravel · Full utilities
11.2Dec 19, 2023$514,90046,18037,6458.2 mi
56
NJ-774088
Paved · Power at road
3.9Jun 1, 2024$207,20053,53441,6708.3 mi
51
Show adjustment detail for the top comp
  • Market time (12 mo)+4.3%

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.