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Mercer County, NJ · Sold

NJ-891700

145 County Road 48

$34,400
$49,855/ac · 0.69 ac
Acreage0.69 ac
Price per acre$49,855/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedOct 31, 2023
Coordinates40.2682, -74.7673
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

4 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands28.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

97 ft of deeded road frontage.

Power2,658 ft away

Service extension needed; get a utility quote.

Buildable area0.47 of 0.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$24,863
$21,828$27,898 · $36,033/ac on 0.69 ac
Asking vs estimate
+38.4%
Priced above the comp set

Weighted from 7 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 $34,400
Maximum allowable offer
$14,207
$20,591/ac · +30.0% target margin

You need $20,193 off asking to hit this margin.

All-in cost$15,415
Net resale$22,874
Projected profit$7,459
ROI+48.4%
Annualized+69.3%
Break-even resale$24,283/ac
Profit if resale lands off target
-20%
$2,885
-10%
$5,172
0%
$7,459
+10%
$9,747
+20%
$12,034
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-121892
Gravel · Off grid
0.8Jun 8, 2026$31,40039,69940,0523.7 mi
88
NJ-672530
Gravel · Off grid
1.3Jul 27, 2026$38,70030,95531,2036.6 mi
80
NJ-752921
Landlocked · Off grid
1.7Jan 25, 2026$43,80026,38740,1044.3 mi
75
NJ-131171
Dirt · Power at road
0.5Aug 5, 2025$16,30034,65535,6508.1 mi
74
NJ-840669
Dirt · Power at road
0.3Jul 27, 2026$10,70033,55233,1068.1 mi
72
NJ-630467
Dirt · Full utilities
0.3Jan 2, 2026$15,00050,07141,4463.2 mi
69
NJ-792814
Landlocked · Power at road
1.5Feb 11, 2024$32,20020,90329,1385.5 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.