← New search
Ocean County, NJ · Sold

NJ-596665

1815 County Road 159

$360,400
$14,416/ac · 25.00 ac
Acreage25.00 ac
Price per acre$14,416/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedSep 10, 2025
Coordinates39.9116, -74.1624
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

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

View Ocean market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
37
Moderate risk
Wetlands9.6% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power160 ft away

Power at or near the road.

Buildable area21.47 of 25.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$395,386
$320,177$470,595 · $15,815/ac on 25.00 ac
Asking vs estimate
-8.8%
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 $360,400
Maximum allowable offer
$225,935
$9,037/ac · +30.0% target margin

You need $134,465 off asking to hit this margin.

All-in cost$245,139
Net resale$363,755
Projected profit$118,616
ROI+48.4%
Annualized+69.2%
Break-even resale$10,658/ac
Profit if resale lands off target
-20%
$45,865
-10%
$82,240
0%
$118,616
+10%
$154,991
+20%
$191,367
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-837039
Gravel · Off grid
32.8Jun 20, 2025$472,50014,41312,6132.2 mi
74
NJ-166491
Dirt · Power at road
22.0Oct 12, 2024$484,60021,98718,4017.5 mi
72
NJ-644843
Paved · Off grid
6.7Jul 27, 2026$217,10032,49319,3948.5 mi
66
NJ-107736
Dirt · Power at road
54.3Dec 18, 2023$613,00011,28711,3766.9 mi
60
NJ-545537
Gravel · Power at road
11.0Dec 19, 2023$285,00025,81517,7696.4 mi
60
NJ-494719
Gravel · Power at road
6.1Jul 5, 2025$149,50024,46215,21812.1 mi
57
Show adjustment detail for the top comp
  • Tract size (32.78 ac → 25 ac)+4.3%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (14 mo)+4.8%

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.