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Mercer County, NJ · Sold

NJ-775928

2120 County Road 89

$616,000
$42,019/ac · 14.66 ac
Acreage14.66 ac
Price per acre$42,019/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedMar 29, 2025
Coordinates40.3583, -74.7828
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

3 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope30.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area8.68 of 14.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$518,018
$443,173$592,862 · $35,335/ac on 14.66 ac
Asking vs estimate
+18.9%
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 $616,000
Maximum allowable offer
$296,010
$20,192/ac · +30.0% target margin

You need $319,990 off asking to hit this margin.

All-in cost$321,171
Net resale$476,576
Projected profit$155,405
ROI+48.4%
Annualized+69.2%
Break-even resale$23,813/ac
Profit if resale lands off target
-20%
$60,090
-10%
$107,748
0%
$155,405
+10%
$203,063
+20%
$250,721
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-386693
Landlocked · Off grid
25.5Sep 10, 2025$525,60020,60532,9441.0 mi
80
NJ-525333
Gravel · Full utilities
9.5Feb 25, 2026$484,70050,91533,9501.6 mi
79
NJ-486998
Landlocked · Power at road
31.8Jan 6, 2026$1,055,40033,16846,0464.2 mi
76
NJ-255420
Gravel · Power at road
10.1Jun 9, 2026$408,00040,23232,5069.5 mi
75
NJ-355515
Dirt · Full utilities
10.9Oct 21, 2025$521,40047,96338,1297.2 mi
75
NJ-557353
Landlocked · Off grid
41.1Jul 27, 2026$809,60019,67532,8504.3 mi
74
NJ-886293
Dirt · Power at road
19.1Jan 31, 2025$651,60034,13536,1331.2 mi
73
NJ-384610
Paved · Off grid
5.6Jul 27, 2026$294,90052,28240,3213.2 mi
73
NJ-846079
Dirt · Off grid
16.4May 5, 2024$335,70020,53125,83813.4 mi
66
NJ-824731
Paved · Power at road
6.2Aug 19, 2025$299,80048,66233,30612.6 mi
61
Show adjustment detail for the top comp
  • Tract size (25.51 ac → 14.66 ac)+7.2%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (11 mo)+3.9%

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.