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Monmouth County, NJ · Sold

NJ-108191

464 County Road 399

$1,393,600
$18,456/ac · 75.51 ac
Acreage75.51 ac
Price per acre$18,456/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedSep 11, 2024
Coordinates40.2293, -74.2557
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

2 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands8.3% of tract

Little to no mapped wetland coverage.

Average slope11.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area65.78 of 75.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,046,209
$814,778$1,277,640 · $13,855/ac on 75.51 ac
Asking vs estimate
+33.2%
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 $1,393,600
Maximum allowable offer
$597,834
$7,917/ac · +30.0% target margin

You need $795,766 off asking to hit this margin.

All-in cost$648,650
Net resale$962,513
Projected profit$313,863
ROI+48.4%
Annualized+69.2%
Break-even resale$9,337/ac
Profit if resale lands off target
-20%
$121,360
-10%
$217,611
0%
$313,863
+10%
$410,114
+20%
$506,365
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-458627
Landlocked · Full utilities
103.6Jul 27, 2026$1,440,40013,90915,0325.4 mi
85
NJ-778337
Gravel · Power at road
83.9Jan 26, 2026$1,589,90018,94116,4786.8 mi
78
NJ-248114
Paved · Off grid
71.4Jul 5, 2025$1,020,20014,28412,2128.5 mi
75
NJ-189367
Dirt · Power at road
177.0Jul 27, 2026$1,794,20010,13612,1583.1 mi
75
NJ-738721
Dirt · Off grid
110.9Jun 19, 2025$1,000,9009,02911,7863.5 mi
72
NJ-599049
Dirt · Power at road
140.6Jul 27, 2026$1,659,20011,80213,30611.2 mi
72
NJ-297748
Gravel · Off grid
54.8Nov 9, 2024$955,80017,44917,0562.2 mi
71
NJ-847981
Gravel · Off grid
64.9Feb 8, 2024$649,30010,01110,4433.9 mi
70
NJ-617467
Landlocked · Full utilities
44.7Feb 16, 2025$949,50021,24720,21812.3 mi
67
NJ-986614
Gravel · Off grid
24.1Jul 27, 2026$293,40012,1789,6199.5 mi
67
Show adjustment detail for the top comp
  • Tract size (103.56 ac → 75.51 ac)+7.8%

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.