Mercer County, NJ · Sold

NJ-533678

2478 County Road 233

$142,000

$49,477/ac · 2.87 ac

Offer report Market this tract

Acreage2.87 ac

Price per acre$49,477/ac

ZoningMixed Use

Road accessDirt

UtilitiesFull utilities

TopographyMixed

ListedAug 12, 2025

Coordinates40.2680, -74.7327

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

Low risk

Wetlands14.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

377 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.33 of 2.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$134,719

$107,491 – $161,947 · $46,940/ac on 2.87 ac

Asking vs estimate

+5.4%

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 $142,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$76,982

$26,823/ac · +30.0% target margin

You need $65,018 off asking to hit this margin.

All-in cost$83,525

Net resale$123,942

Projected profit$40,416

ROI+48.4%

Annualized+69.3%

Break-even resale$31,634/ac

Profit if resale lands off target

-20%

$15,628

-10%

$28,022

$40,416

+10%

$52,810

+20%

$65,204

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-984172 Dirt · Off grid	4.1	Jul 27, 2026	$133,500	32,470	47,264	7.1 mi	86
NJ-223551 Dirt · Off grid	2.6	Jul 3, 2025	$53,500	20,438	30,639	7.5 mi	77
NJ-384610 Paved · Off grid	5.6	Jul 27, 2026	$294,900	52,282	56,250	5.3 mi	75
NJ-374176 Dirt · Off grid	4.1	May 16, 2025	$153,800	37,328	57,069	4.0 mi	74
NJ-854202 Dirt · Off grid	4.2	Dec 29, 2024	$166,400	39,625	61,542	1.1 mi	74
NJ-672530 Gravel · Off grid	1.3	Jul 27, 2026	$38,700	30,955	37,680	5.6 mi	73
NJ-752921 Landlocked · Off grid	1.7	Jan 25, 2026	$43,800	26,387	48,428	3.6 mi	73
NJ-525333 Gravel · Full utilities	9.5	Feb 25, 2026	$484,700	50,915	47,363	5.9 mi	67
NJ-824731 Paved · Power at road	6.2	Aug 19, 2025	$299,800	48,662	46,465	6.3 mi	65
NJ-792814 Landlocked · Power at road	1.5	Feb 11, 2024	$32,200	20,903	35,186	6.2 mi	61

Show adjustment detail for the top comp

Tract size (4.11 ac → 2.87 ac)+1.2%
Utilities (Off grid → Full utilities)+43.5%

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.

Build the listing kit Post a deal or JV