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Mercer County, NJ · Sold

NJ-255420

2460 County Road 243

$431,700
$42,574/ac · 10.14 ac
Acreage10.14 ac
Price per acre$42,574/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedDec 27, 2025
Coordinates40.2213, -74.7698
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
18
Low risk
Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

273 ft of deeded road frontage.

Power40 ft away

Power at or near the road.

Buildable area8.16 of 10.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$472,954
$402,788$543,119 · $46,642/ac on 10.14 ac
Asking vs estimate
-8.7%
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 $431,700
Maximum allowable offer
$270,259
$26,653/ac · +30.0% target margin

You need $161,441 off asking to hit this margin.

All-in cost$293,231
Net resale$435,117
Projected profit$141,886
ROI+48.4%
Annualized+69.3%
Break-even resale$31,433/ac
Profit if resale lands off target
-20%
$54,863
-10%
$98,375
0%
$141,886
+10%
$185,398
+20%
$228,910
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-525333
Gravel · Full utilities
9.5Feb 25, 2026$484,70050,91542,3459.1 mi
81
NJ-355515
Dirt · Full utilities
10.9Oct 21, 2025$521,40047,96347,55611.2 mi
79
NJ-775928
Landlocked · Full utilities
14.7Jun 1, 2026$615,40041,97752,8099.5 mi
75
NJ-384610
Paved · Off grid
5.6Jul 27, 2026$294,90052,28250,2908.8 mi
74
NJ-824731
Paved · Power at road
6.2Aug 19, 2025$299,80048,66241,5427.1 mi
70
NJ-984172
Dirt · Off grid
4.1Jul 27, 2026$133,50032,47042,2567.8 mi
70
NJ-886293
Dirt · Power at road
19.1Jan 31, 2025$651,60034,13545,0678.2 mi
65
NJ-486998
Landlocked · Power at road
31.8Jan 6, 2026$1,055,40033,16857,4319.4 mi
64
NJ-846079
Dirt · Off grid
16.4May 5, 2024$335,70020,53132,2277.7 mi
63
NJ-854202
Dirt · Off grid
4.2Dec 29, 2024$166,40039,62555,0213.0 mi
63
Show adjustment detail for the top comp
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (6 mo)+2.0%

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.