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Monmouth County, NJ · Sold

NJ-778337

2869 County Road 222

$1,671,800
$19,917/ac · 83.94 ac
Acreage83.94 ac
Price per acre$19,917/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedAug 23, 2025
Coordinates40.3271, -74.2543
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands15.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,339 ft of deeded road frontage.

Power42 ft away

Power at or near the road.

Buildable area67.06 of 83.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,364,970
$1,143,411$1,586,529 · $16,261/ac on 83.94 ac
Asking vs estimate
+22.5%
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 $1,671,800
Maximum allowable offer
$779,983
$9,292/ac · +30.0% target margin

You need $891,817 off asking to hit this margin.

All-in cost$846,282
Net resale$1,255,773
Projected profit$409,491
ROI+48.4%
Annualized+69.2%
Break-even resale$10,959/ac
Profit if resale lands off target
-20%
$158,336
-10%
$283,914
0%
$409,491
+10%
$535,068
+20%
$660,645
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-458627
Landlocked · Full utilities
103.6Jul 27, 2026$1,440,40013,90917,6809.6 mi
84
NJ-327408
Gravel · Power at road
42.8Oct 23, 2025$1,029,20024,03421,5375.2 mi
77
NJ-599049
Dirt · Power at road
140.6Jul 27, 2026$1,659,20011,80215,6498.4 mi
77
NJ-248114
Paved · Off grid
71.4Jul 5, 2025$1,020,20014,28414,3622.4 mi
76
NJ-189367
Dirt · Power at road
177.0Jul 27, 2026$1,794,20010,13614,2994.4 mi
76
NJ-738721
Dirt · Off grid
110.9Jun 19, 2025$1,000,9009,02913,8618.6 mi
75
NJ-758836
Gravel · Power at road
120.5Jun 18, 2024$1,751,10014,53417,3289.4 mi
74
NJ-108191
Landlocked · Full utilities
75.5May 10, 2025$1,176,20015,57719,2956.8 mi
74
NJ-847981
Gravel · Off grid
64.9Feb 8, 2024$649,30010,01112,2827.9 mi
73
NJ-779970
Dirt · Power at road
274.0Jul 8, 2026$2,742,00010,00816,0004.1 mi
71
Show adjustment detail for the top comp
  • Tract size (103.56 ac → 83.94 ac)+5.2%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Full utilities → Power at road)-18.0%

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.