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Monmouth County, NJ · Sold

NJ-738721

6432 County Road 46

$1,028,700
$9,279/ac · 111 ac
Acreage111 ac
Price per acre$9,279/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedOct 23, 2024
Coordinates40.2117, -74.1933
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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,954 ft of deeded road frontage.

Power1,888 ft away

Service extension needed; get a utility quote.

Buildable area101.63 of 110.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,232,765
$1,035,308$1,430,222 · $11,120/ac on 111 ac
Asking vs estimate
-16.6%
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 $1,028,700
Maximum allowable offer
$704,437
$6,354/ac · +30.0% target margin

You need $324,263 off asking to hit this margin.

All-in cost$764,314
Net resale$1,134,144
Projected profit$369,830
ROI+48.4%
Annualized+69.2%
Break-even resale$7,494/ac
Profit if resale lands off target
-20%
$143,001
-10%
$256,415
0%
$369,830
+10%
$483,244
+20%
$596,659
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-458627
Landlocked · Full utilities
103.6Jul 27, 2026$1,440,40013,90912,0762.0 mi
91
NJ-189367
Dirt · Power at road
177.0Jul 27, 2026$1,794,20010,1369,7674.2 mi
82
NJ-599049
Dirt · Power at road
140.6Jul 27, 2026$1,659,20011,80210,68910.0 mi
81
NJ-919321
Dirt · Power at road
171.2Oct 2, 2025$1,407,9008,2238,1215.8 mi
79
NJ-778337
Gravel · Power at road
83.9Jan 26, 2026$1,589,90018,94113,2378.6 mi
79
NJ-779970
Dirt · Power at road
274.0Jul 8, 2026$2,742,00010,00810,9294.6 mi
74
NJ-758836
Gravel · Power at road
120.5Jun 18, 2024$1,751,10014,53411,8369.1 mi
74
NJ-847981
Gravel · Off grid
64.9Feb 8, 2024$649,30010,0118,3891.2 mi
72
NJ-178957
Paved · Off grid
131.5Jun 12, 2024$2,065,50015,70313,0514.7 mi
72
NJ-108191
Landlocked · Full utilities
75.5May 10, 2025$1,176,20015,57713,1793.5 mi
72
Show adjustment detail for the top comp
  • Tract size (103.56 ac → 110.86 ac)-1.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Off grid)-30.3%

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.