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Middlesex County, NJ · Sold

NJ-478404

315 County Road 211

$2,202,700
$24,999/ac · 88.11 ac
Acreage88.11 ac
Price per acre$24,999/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedMar 19, 2024
Coordinates40.4101, -74.3586
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

Middlesex County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Middlesex market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,428 ft of deeded road frontage.

Power153 ft away

Power at or near the road.

Buildable area78.85 of 88.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,778,345
$2,329,866$3,226,824 · $31,533/ac on 88.11 ac
Asking vs estimate
-20.7%
Priced below 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 $2,202,700
Maximum allowable offer
$1,587,626
$18,019/ac · +30.0% target margin

You need $615,074 off asking to hit this margin.

All-in cost$1,722,574
Net resale$2,556,078
Projected profit$833,504
ROI+48.4%
Annualized+69.2%
Break-even resale$21,250/ac
Profit if resale lands off target
-20%
$322,288
-10%
$577,896
0%
$833,504
+10%
$1,089,111
+20%
$1,344,719
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-608808
Dirt · Power at road
118.1Apr 28, 2026$3,275,80027,74441,4381.5 mi
83
NJ-378215
Gravel · Off grid
76.8Sep 18, 2025$1,515,60019,72527,5291.8 mi
79
NJ-708200
Dirt · Power at road
76.0Jan 9, 2026$1,816,50023,89832,4717.4 mi
79
NJ-526761
Paved · Power at road
26.8Jul 27, 2026$1,012,20037,76829,9463.8 mi
75
NJ-409388
Dirt · Off grid
179.7Feb 9, 2026$3,104,60017,27434,2307.2 mi
74
NJ-507527
Gravel · Power at road
46.7Jul 25, 2025$1,191,50025,52427,3966.5 mi
69
NJ-168975
Dirt · Off grid
133.3Sep 10, 2024$1,774,30013,31525,7727.4 mi
65
Show adjustment detail for the top comp
  • Tract size (118.07 ac → 88.11 ac)+7.5%
  • Access (Dirt → Paved)+37.2%
  • Market time (4 mo)+1.3%

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.