Monmouth County, NJ · Sold

NJ-297748

5210 County Road 121

$1,065,600

$19,452/ac · 54.78 ac

Offer report Market this tract

Acreage54.78 ac

Price per acre$19,452/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedNov 24, 2023

Coordinates40.2480, -74.2218

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,850 ft away

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

Buildable area50.69 of 54.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$875,263

$693,260 – $1,057,267 · $15,978/ac on 54.78 ac

Asking vs estimate

+21.7%

Priced above 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 $1,065,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$500,151

$9,130/ac · +30.0% target margin

You need $565,449 off asking to hit this margin.

All-in cost$542,664

Net resale$805,242

Projected profit$262,579

ROI+48.4%

Annualized+69.2%

Break-even resale$10,768/ac

Profit if resale lands off target

-20%

$101,530

-10%

$182,054

$262,579

+10%

$343,103

+20%

$423,627

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-248114 Paved · Off grid	71.4	Jul 5, 2025	$1,020,200	14,284	13,419	6.9 mi	78
NJ-956924 Paved · Off grid	30.2	Jul 4, 2026	$738,000	24,469	18,671	11.5 mi	78
NJ-778337 Gravel · Power at road	83.9	Jan 26, 2026	$1,589,900	18,941	18,107	5.7 mi	76
NJ-986614 Gravel · Off grid	24.1	Jul 27, 2026	$293,400	12,178	10,570	7.5 mi	76
NJ-458627 Landlocked · Full utilities	103.6	Jul 27, 2026	$1,440,400	13,909	16,519	4.3 mi	76
NJ-847981 Gravel · Off grid	64.9	Feb 8, 2024	$649,300	10,011	11,475	2.6 mi	76
NJ-327408 Gravel · Power at road	42.8	Oct 23, 2025	$1,029,200	24,034	20,122	8.5 mi	75
NJ-108191 Landlocked · Full utilities	75.5	May 10, 2025	$1,176,200	15,577	18,028	2.2 mi	74
NJ-189367 Dirt · Power at road	177.0	Jul 27, 2026	$1,794,200	10,136	13,360	1.4 mi	72
NJ-386563 Dirt · Power at road	23.2	Jul 10, 2025	$514,200	22,146	19,729	2.6 mi	71

Show adjustment detail for the top comp

Tract size (71.42 ac → 54.78 ac)+5.9%
Access (Paved → Gravel)-15.3%
Market time (13 mo)+4.7%

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.

Build the listing kit Post a deal or JV