Mercer County, NJ · Sold

NJ-525333

1072 County Road 277

$493,600

$51,849/ac · 9.52 ac

Offer report Market this tract

Acreage9.52 ac

Price per acre$51,849/ac

ZoningRecreational

Road accessGravel

UtilitiesFull utilities

TopographySloped

ListedApr 28, 2025

Coordinates40.3518, -74.7532

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

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

View Mercer market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands0.9% of tract

Little to no mapped wetland coverage.

Average slope27.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

612 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area5.66 of 9.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$547,903

$484,601 – $611,205 · $57,553/ac on 9.52 ac

Asking vs estimate

-9.9%

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 $493,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$313,088

$32,887/ac · +30.0% target margin

You need $180,512 off asking to hit this margin.

All-in cost$339,700

Net resale$504,071

Projected profit$164,370

ROI+48.4%

Annualized+69.2%

Break-even resale$38,786/ac

Profit if resale lands off target

-20%

$63,556

-10%

$113,963

$164,370

+10%

$214,778

+20%

$265,185

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-255420 Gravel · Power at road	10.1	Jun 9, 2026	$408,000	40,232	49,710	9.1 mi	84
NJ-775928 Landlocked · Full utilities	14.7	Jun 1, 2026	$615,400	41,977	64,750	1.6 mi	82
NJ-384610 Paved · Off grid	5.6	Jul 27, 2026	$294,900	52,282	61,661	1.6 mi	80
NJ-355515 Dirt · Full utilities	10.9	Oct 21, 2025	$521,400	47,963	58,309	5.6 mi	79
NJ-824731 Paved · Power at road	6.2	Aug 19, 2025	$299,800	48,662	50,934	11.3 mi	71
NJ-886293 Dirt · Power at road	19.1	Jan 31, 2025	$651,600	34,135	55,257	1.6 mi	71
NJ-374176 Dirt · Off grid	4.1	May 16, 2025	$153,800	37,328	62,559	3.9 mi	70
NJ-984172 Dirt · Off grid	4.1	Jul 27, 2026	$133,500	32,470	51,810	12.1 mi	69
NJ-386693 Landlocked · Off grid	25.5	Sep 10, 2025	$525,600	20,605	50,381	1.3 mi	67
NJ-486998 Landlocked · Power at road	31.8	Jan 6, 2026	$1,055,400	33,168	70,416	2.6 mi	66

Show adjustment detail for the top comp

Utilities (Power at road → Full utilities)+22.0%
Market time (2 mo)+0.8%

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.

Build the listing kit Post a deal or JV