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Middlesex County, NJ · Sold

NJ-168975

9255 County Road 361

$1,661,300
$12,468/ac · 133 ac
Acreage133 ac
Price per acre$12,468/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedApr 30, 2024
Coordinates40.3939, -74.4981
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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands22.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,446 ft of deeded road frontage.

Power11,856 ft away

A long utility run — price in solar/off-grid instead.

Buildable area97.73 of 133.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,407,923
$2,027,068$2,788,778 · $18,071/ac on 133 ac
Asking vs estimate
-31.0%
Priced below the comp set

Weighted from 6 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 $1,661,300
Maximum allowable offer
$1,375,956
$10,326/ac · +30.0% target margin

You need $285,344 off asking to hit this margin.

All-in cost$1,492,912
Net resale$2,215,289
Projected profit$722,377
ROI+48.4%
Annualized+69.2%
Break-even resale$12,178/ac
Profit if resale lands off target
-20%
$279,319
-10%
$500,848
0%
$722,377
+10%
$943,906
+20%
$1,165,435
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-409388
Dirt · Off grid
179.7Feb 9, 2026$3,104,60017,27419,1191.9 mi
83
NJ-608808
Dirt · Power at road
118.1Apr 28, 2026$3,275,80027,74423,1456.6 mi
83
NJ-708200
Dirt · Power at road
76.0Jan 9, 2026$1,816,50023,89818,1365.9 mi
74
NJ-378215
Gravel · Off grid
76.8Sep 18, 2025$1,515,60019,72515,3766.8 mi
70
NJ-478404
Paved · Power at road
88.1Nov 24, 2024$2,312,80026,24915,7237.4 mi
66
NJ-507527
Gravel · Power at road
46.7Jul 25, 2025$1,191,50025,52415,3027.8 mi
61
Show adjustment detail for the top comp
  • Tract size (179.73 ac → 133.25 ac)+8.3%
  • Market time (6 mo)+2.2%

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.