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Monmouth County, NJ · Sold

NJ-275012

2309 County Road 273

$175,100
$23,192/ac · 7.55 ac
Acreage7.55 ac
Price per acre$23,192/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 26, 2024
Coordinates40.2151, -74.1906
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

3 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands0.5% of tract

Little to no mapped wetland coverage.

Average slope26.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

698 ft of deeded road frontage.

Power9,504 ft away

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

Buildable area4.51 of 7.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$140,839
$102,276$179,402 · $18,654/ac on 7.55 ac
Asking vs estimate
+24.3%
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 $175,100
Maximum allowable offer
$80,479
$10,660/ac · +30.0% target margin

You need $94,621 off asking to hit this margin.

All-in cost$87,320
Net resale$129,572
Projected profit$42,252
ROI+48.4%
Annualized+69.3%
Break-even resale$12,571/ac
Profit if resale lands off target
-20%
$16,338
-10%
$29,295
0%
$42,252
+10%
$55,209
+20%
$68,167
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-845254
Gravel · Off grid
9.0Jul 4, 2025$194,10021,57119,6576.8 mi
75
NJ-695683
Gravel · Power at road
12.3Nov 29, 2025$211,20017,20913,4564.0 mi
72
NJ-986614
Gravel · Off grid
24.1Jul 27, 2026$293,40012,17811,7966.6 mi
71
NJ-424766
Dirt · Full utilities
6.3Jan 29, 2024$233,90037,01528,2468.4 mi
70
NJ-463465
Dirt · Full utilities
2.5Jul 27, 2026$51,60020,99313,99110.4 mi
69
NJ-253658
Dirt · Power at road
2.8Mar 2, 2026$64,50022,77618,9007.7 mi
68
NJ-813604
Dirt · Power at road
2.7Feb 5, 2026$70,70025,97821,5958.3 mi
68
NJ-386563
Dirt · Power at road
23.2Jul 10, 2025$514,20022,14622,0191.5 mi
67
Show adjustment detail for the top comp
  • Tract size (9 ac → 7.55 ac)+1.2%
  • Access (Gravel → Dirt)-14.0%
  • Market time (13 mo)+4.7%

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.