Monmouth County, NJ · Sold

NJ-386563

5647 County Road 200

$572,000

$24,634/ac · 23.22 ac

Offer report Market this tract

Acreage23.22 ac

Price per acre$24,634/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedSep 4, 2024

Coordinates40.2338, -74.1758

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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

Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope25.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

605 ft of deeded road frontage.

Power204 ft away

Power at or near the road.

Buildable area13.33 of 23.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$458,950

$358,440 – $559,459 · $19,765/ac on 23.22 ac

Asking vs estimate

+24.6%

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 $572,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$262,257

$11,294/ac · +30.0% target margin

You need $309,743 off asking to hit this margin.

All-in cost$284,549

Net resale$422,234

Projected profit$137,685

ROI+48.4%

Annualized+69.2%

Break-even resale$13,320/ac

Profit if resale lands off target

-20%

$53,238

-10%

$95,462

$137,685

+10%

$179,908

+20%

$222,132

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-986614 Gravel · Off grid	24.1	Jul 27, 2026	$293,400	12,178	12,412	5.3 mi	86
NJ-956924 Paved · Off grid	30.2	Jul 4, 2026	$738,000	24,469	21,926	10.6 mi	82
NJ-695683 Gravel · Power at road	12.3	Nov 29, 2025	$211,200	17,209	14,158	2.7 mi	78
NJ-327408 Gravel · Power at road	42.8	Oct 23, 2025	$1,029,200	24,034	23,630	9.0 mi	69
NJ-297748 Gravel · Off grid	54.8	Nov 9, 2024	$955,800	17,449	22,010	2.6 mi	67
NJ-275012 Dirt · Off grid	7.5	Apr 7, 2025	$153,600	20,339	22,622	1.5 mi	66
NJ-248114 Paved · Off grid	71.4	Jul 5, 2025	$1,020,200	14,284	15,758	8.2 mi	64
NJ-845254 Gravel · Off grid	9.0	Jul 4, 2025	$194,100	21,571	20,684	5.6 mi	63
NJ-617467 Landlocked · Full utilities	44.7	Feb 16, 2025	$949,500	21,247	26,090	8.7 mi	63
NJ-108191 Landlocked · Full utilities	75.5	May 10, 2025	$1,176,200	15,577	21,171	4.2 mi	61

Show adjustment detail for the top comp

Tract size (24.09 ac → 23.22 ac)+0.5%
Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Power at road)+17.6%

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