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Monmouth County, NJ · Sold

NJ-700888

2328 County Road 331

$8,100
$21,316/ac · 0.38 ac
Acreage0.38 ac
Price per acre$21,316/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedAug 26, 2025
Coordinates40.2617, -74.1345
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

5 items to verify before you offer.

Risk index
30
Low risk
Wetlands15.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,984 ft away

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

Buildable area0.31 of 0.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,119
$7,629$10,609 · $23,997/ac on 0.38 ac
Asking vs estimate
-11.2%
Priced below the comp set

Weighted from 6 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 $8,100
Maximum allowable offer
$5,211
$13,713/ac · +30.0% target margin

You need $2,889 off asking to hit this margin.

All-in cost$5,654
Net resale$8,389
Projected profit$2,735
ROI+48.4%
Annualized+69.2%
Break-even resale$16,173/ac
Profit if resale lands off target
-20%
$1,058
-10%
$1,897
0%
$2,735
+10%
$3,574
+20%
$4,413
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-190152
Gravel · Off grid
0.3Mar 27, 2026$9,60031,84027,8046.2 mi
80
NJ-161385
Dirt · Power at road
0.6Dec 27, 2023$17,10031,06929,3875.2 mi
73
NJ-591365
Gravel · Power at road
0.5Nov 18, 2025$15,90029,51122,2815.9 mi
73
NJ-531613
Landlocked · Power at road
0.6Sep 18, 2024$11,90018,66021,7274.7 mi
70
NJ-513029
Paved · Power at road
1.8Oct 16, 2024$46,60026,04117,6272.1 mi
61
NJ-512785
Paved · Power at road
1.5Mar 23, 2025$53,30035,50023,5558.9 mi
56
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (5 mo)+1.6%

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.