← New search
Morris County, NJ · Sold

NJ-676138

6441 County Road 373

$365,600
$21,418/ac · 17.07 ac
Acreage17.07 ac
Price per acre$21,418/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedSep 27, 2023
Coordinates40.9204, -74.6318
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

4 items to verify before you offer.

Risk index
16
Low risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

744 ft of deeded road frontage.

Power3,624 ft away

Service extension needed; get a utility quote.

Buildable area14.09 of 17.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$438,691
$388,783$488,599 · $25,700/ac on 17.07 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 $365,600
Maximum allowable offer
$250,681
$14,685/ac · +30.0% target margin

You need $114,919 off asking to hit this margin.

All-in cost$271,989
Net resale$403,596
Projected profit$131,607
ROI+48.4%
Annualized+69.2%
Break-even resale$17,319/ac
Profit if resale lands off target
-20%
$50,888
-10%
$91,248
0%
$131,607
+10%
$171,967
+20%
$212,326
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-205322
Dirt · Power at road
9.4Apr 26, 2025$251,00026,56322,5082.8 mi
71
NJ-495732
Landlocked · Off grid
12.7Nov 19, 2024$251,30019,75825,9936.0 mi
71
NJ-415494
Dirt · Power at road
10.7Mar 13, 2025$362,80033,90729,1585.5 mi
70
NJ-296666
Gravel · Full utilities
25.0Aug 9, 2025$1,188,00047,48131,1848.3 mi
69
NJ-465662
Paved · Off grid
12.1Nov 28, 2023$382,60031,65024,7963.8 mi
69
NJ-975723
Gravel · Power at road
12.6Dec 20, 2024$401,70031,80924,0916.0 mi
69
NJ-434544
Dirt · Power at road
5.4Jan 14, 2025$144,90026,93022,2835.3 mi
62
NJ-454957
Landlocked · Off grid
7.3Oct 19, 2024$144,40019,91825,1649.4 mi
60
Show adjustment detail for the top comp
  • Tract size (9.45 ac → 17.07 ac)-5.5%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (16 mo)+5.5%

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.