Monmouth County, NJ · Sold

NJ-845254

3116 County Road 141

$223,400

$24,822/ac · 9.00 ac

Offer report Market this tract

Acreage9.00 ac

Price per acre$24,822/ac

ZoningUnzoned

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedNov 22, 2024

Coordinates40.3141, -74.1883

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.4% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

651 ft of deeded road frontage.

Power11,716 ft away

A long utility run — price in solar/off-grid instead.

Buildable area7.83 of 9.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$201,925

$150,754 – $253,096 · $22,436/ac on 9.00 ac

Asking vs estimate

+10.6%

Priced above the comp set

Weighted from 8 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 $223,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$115,386

$12,821/ac · +30.0% target margin

You need $108,014 off asking to hit this margin.

All-in cost$125,194

Net resale$185,771

Projected profit$60,577

ROI+48.4%

Annualized+69.2%

Break-even resale$15,120/ac

Profit if resale lands off target

-20%

$23,423

-10%

$42,000

$60,577

+10%

$79,154

+20%

$97,731

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-986614 Gravel · Off grid	24.1	Jul 27, 2026	$293,400	12,178	13,551	6.9 mi	79
NJ-695683 Gravel · Power at road	12.3	Nov 29, 2025	$211,200	17,209	15,458	5.6 mi	77
NJ-275012 Dirt · Off grid	7.5	Apr 7, 2025	$153,600	20,339	24,698	6.8 mi	74
NJ-956924 Paved · Off grid	30.2	Jul 4, 2026	$738,000	24,469	23,937	7.5 mi	69
NJ-424766 Dirt · Full utilities	6.3	Jan 29, 2024	$233,900	37,015	32,448	2.6 mi	68
NJ-813604 Dirt · Power at road	2.7	Feb 5, 2026	$70,700	25,978	24,808	7.8 mi	67
NJ-253658 Dirt · Power at road	2.8	Mar 2, 2026	$64,500	22,776	21,712	2.8 mi	67
NJ-386563 Dirt · Power at road	23.2	Jul 10, 2025	$514,200	22,146	25,295	5.6 mi	63

Show adjustment detail for the top comp

Tract size (24.09 ac → 9 ac)+11.0%

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