Monmouth County, NJ · Sold

NJ-189367

3425 County Road 220

$2,130,900

$12,038/ac · 177 ac

Offer report Market this tract

Acreage177 ac

Price per acre$12,038/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedAug 23, 2025

Coordinates40.2674, -74.2254

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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,479 ft of deeded road frontage.

Power74 ft away

Power at or near the road.

Buildable area164.46 of 177.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,057,513

$1,752,939 – $2,362,088 · $11,624/ac on 177 ac

Asking vs estimate

+3.6%

In line with 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 $2,130,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,175,722

$6,642/ac · +30.0% target margin

You need $955,178 off asking to hit this margin.

All-in cost$1,275,658

Net resale$1,892,912

Projected profit$617,254

ROI+48.4%

Annualized+69.2%

Break-even resale$7,833/ac

Profit if resale lands off target

-20%

$238,671

-10%

$427,963

$617,254

+10%

$806,545

+20%

$995,836

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-599049 Dirt · Power at road	140.6	Jul 27, 2026	$1,659,200	11,802	11,117	8.3 mi	89
NJ-779970 Dirt · Power at road	274.0	Jul 8, 2026	$2,742,000	10,008	11,367	0.6 mi	85
NJ-919321 Dirt · Power at road	171.2	Oct 2, 2025	$1,407,900	8,223	8,446	7.2 mi	82
NJ-458627 Landlocked · Full utilities	103.6	Jul 27, 2026	$1,440,400	13,909	12,560	5.4 mi	76
NJ-738721 Dirt · Off grid	110.9	Jun 19, 2025	$1,000,900	9,029	9,847	4.2 mi	73
NJ-178957 Paved · Off grid	131.5	Jun 12, 2024	$2,065,500	15,703	13,574	4.8 mi	72
NJ-778337 Gravel · Power at road	83.9	Jan 26, 2026	$1,589,900	18,941	13,767	4.4 mi	72
NJ-758836 Gravel · Power at road	120.5	Jun 18, 2024	$1,751,100	14,534	12,310	8.3 mi	66
NJ-108191 Landlocked · Full utilities	75.5	May 10, 2025	$1,176,200	15,577	13,707	3.1 mi	65
NJ-248114 Paved · Off grid	71.4	Jul 5, 2025	$1,020,200	14,284	10,203	5.6 mi	63

Show adjustment detail for the top comp

Tract size (140.59 ac → 177.01 ac)-6.0%

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.

Build the listing kit Post a deal or JV