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Morris County, NJ · Sold

NJ-205322

6441 County Road 109

$247,800
$26,222/ac · 9.45 ac
Acreage9.45 ac
Price per acre$26,222/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedDec 8, 2024
Coordinates40.8867, -74.6015
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

Morris County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Morris market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

406 ft of deeded road frontage.

Power89 ft away

Power at or near the road.

Buildable area7.48 of 9.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$297,398
$258,387$336,409 · $31,471/ac on 9.45 ac
Asking vs estimate
-16.7%
Priced below 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 $247,800
Maximum allowable offer
$169,942
$17,983/ac · +30.0% target margin

You need $77,858 off asking to hit this margin.

All-in cost$184,387
Net resale$273,606
Projected profit$89,219
ROI+48.4%
Annualized+69.2%
Break-even resale$21,209/ac
Profit if resale lands off target
-20%
$34,498
-10%
$61,858
0%
$89,219
+10%
$116,579
+20%
$143,940
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-415494
Dirt · Power at road
10.7Mar 13, 2025$362,80033,90736,2983.3 mi
80
NJ-975723
Gravel · Power at road
12.6Dec 20, 2024$401,70031,80929,9903.5 mi
77
NJ-465662
Paved · Off grid
12.1Nov 28, 2023$382,60031,65030,8671.6 mi
74
NJ-434544
Dirt · Power at road
5.4Jan 14, 2025$144,90026,93027,7393.7 mi
71
NJ-495732
Landlocked · Off grid
12.7Nov 19, 2024$251,30019,75832,3583.2 mi
71
NJ-454957
Landlocked · Off grid
7.3Oct 19, 2024$144,40019,91831,3257.9 mi
68
NJ-676138
Dirt · Off grid
17.1Jul 16, 2024$309,30018,11924,5302.8 mi
68
NJ-296666
Gravel · Full utilities
25.0Aug 9, 2025$1,188,00047,48138,8206.7 mi
62
Show adjustment detail for the top comp
  • Tract size (10.7 ac → 9.45 ac)+1.0%
  • Market time (17 mo)+6.0%

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.