Mercer County, NJ · Sold

NJ-672530

1340 County Road 278

$45,900

$36,720/ac · 1.25 ac

Offer report Market this tract

Acreage1.25 ac

Price per acre$36,720/ac

ZoningUnzoned

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedApr 26, 2026

Coordinates40.3431, -74.6904

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

193 ft of deeded road frontage.

Power1,762 ft away

Service extension needed; get a utility quote.

Buildable area1.08 of 1.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$49,274

$39,424 – $59,123 · $39,419/ac on 1.25 ac

Asking vs estimate

-6.8%

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 $45,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$28,156

$22,525/ac · +30.0% target margin

You need $17,744 off asking to hit this margin.

All-in cost$30,549

Net resale$45,332

Projected profit$14,783

ROI+48.4%

Annualized+69.3%

Break-even resale$26,565/ac

Profit if resale lands off target

-20%

$5,716

-10%

$10,249

$14,783

+10%

$19,316

+20%

$23,849

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-121892 Gravel · Off grid	0.8	Jun 8, 2026	$31,400	39,699	39,821	2.9 mi	83
NJ-752921 Landlocked · Off grid	1.7	Jan 25, 2026	$43,800	26,387	39,873	8.9 mi	76
NJ-223551 Dirt · Off grid	2.6	Jul 3, 2025	$53,500	20,438	25,226	2.4 mi	74
NJ-792814 Landlocked · Power at road	1.5	Feb 11, 2024	$32,200	20,903	28,970	5.4 mi	73
NJ-984172 Dirt · Off grid	4.1	Jul 27, 2026	$133,500	32,470	38,914	10.0 mi	69
NJ-891700 Gravel · Off grid	0.7	Sep 15, 2024	$32,200	46,664	50,129	6.6 mi	68
NJ-533678 Dirt · Full utilities	2.9	Nov 25, 2025	$140,900	49,082	41,635	5.6 mi	67
NJ-374176 Dirt · Off grid	4.1	May 16, 2025	$153,800	37,328	46,987	1.8 mi	64
NJ-131171 Dirt · Power at road	0.5	Aug 5, 2025	$16,300	34,655	35,444	5.7 mi	63
NJ-854202 Dirt · Off grid	4.2	Dec 29, 2024	$166,400	39,625	50,669	6.6 mi	59

Show adjustment detail for the top comp

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