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Monmouth County, NJ · Sold

NJ-513029

1829 County Road 98

$45,700
$25,531/ac · 1.79 ac
Acreage1.79 ac
Price per acre$25,531/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedOct 27, 2023
Coordinates40.2874, -74.1140
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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

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

View Monmouth market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands7.6% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power208 ft away

Power at or near the road.

Buildable area1.57 of 1.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$62,456
$51,195$73,717 · $34,892/ac on 1.79 ac
Asking vs estimate
-26.8%
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 $45,700
Maximum allowable offer
$35,689
$19,938/ac · +30.0% target margin

You need $10,011 off asking to hit this margin.

All-in cost$38,723
Net resale$57,460
Projected profit$18,737
ROI+48.4%
Annualized+69.3%
Break-even resale$23,514/ac
Profit if resale lands off target
-20%
$7,245
-10%
$12,991
0%
$18,737
+10%
$24,483
+20%
$30,229
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-463465
Dirt · Full utilities
2.5Jul 27, 2026$51,60020,99323,8207.2 mi
79
NJ-813604
Dirt · Power at road
2.7Feb 5, 2026$70,70025,97836,7673.5 mi
77
NJ-512785
Paved · Power at road
1.5Mar 23, 2025$53,30035,50037,4758.6 mi
75
NJ-253658
Dirt · Power at road
2.8Mar 2, 2026$64,50022,77632,1787.1 mi
75
NJ-531613
Landlocked · Power at road
0.6Sep 18, 2024$11,90018,66034,5674.3 mi
66
NJ-591365
Gravel · Power at road
0.5Nov 18, 2025$15,90029,51135,4487.5 mi
64
NJ-161385
Dirt · Power at road
0.6Dec 27, 2023$17,10031,06946,7535.9 mi
61
Show adjustment detail for the top comp
  • Tract size (2.46 ac → 1.79 ac)+0.7%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Power at road)-18.0%

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.