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Monmouth County, NJ · Sold

NJ-919321

254 County Road 39

$1,610,900
$9,409/ac · 171 ac
Acreage171 ac
Price per acre$9,409/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedOct 5, 2024
Coordinates40.2428, -74.0921
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

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

View Monmouth market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,384 ft of deeded road frontage.

Power196 ft away

Power at or near the road.

Buildable area141.99 of 171.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,016,984
$1,738,596$2,295,373 · $11,781/ac on 171 ac
Asking vs estimate
-20.1%
Priced below 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 $1,610,900
Maximum allowable offer
$1,152,563
$6,732/ac · +30.0% target margin

You need $458,337 off asking to hit this margin.

All-in cost$1,250,531
Net resale$1,855,626
Projected profit$605,095
ROI+48.4%
Annualized+69.2%
Break-even resale$7,939/ac
Profit if resale lands off target
-20%
$233,970
-10%
$419,532
0%
$605,095
+10%
$790,657
+20%
$976,220
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-189367
Dirt · Power at road
177.0Jul 27, 2026$1,794,20010,13610,2517.2 mi
89
NJ-599049
Dirt · Power at road
140.6Jul 27, 2026$1,659,20011,80211,2196.4 mi
86
NJ-458627
Landlocked · Full utilities
103.6Jul 27, 2026$1,440,40013,90912,6754.0 mi
82
NJ-779970
Dirt · Power at road
274.0Jul 8, 2026$2,742,00010,00811,4717.1 mi
80
NJ-738721
Dirt · Off grid
110.9Jun 19, 2025$1,000,9009,0299,9375.8 mi
77
NJ-758836
Gravel · Power at road
120.5Jun 18, 2024$1,751,10014,53412,4234.6 mi
74
NJ-778337
Gravel · Power at road
83.9Jan 26, 2026$1,589,90018,94113,89310.3 mi
73
NJ-178957
Paved · Off grid
131.5Jun 12, 2024$2,065,50015,70313,6982.6 mi
70
NJ-847981
Gravel · Off grid
64.9Feb 8, 2024$649,30010,0118,8054.8 mi
62
NJ-108191
Landlocked · Full utilities
75.5May 10, 2025$1,176,20015,57713,8338.7 mi
62
Show adjustment detail for the top comp
  • Tract size (177.01 ac → 171.21 ac)+0.9%

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.