Ocean County, NJ · Sold

NJ-411956

5007 County Road 90

$20,800

$25,366/ac · 0.82 ac

Offer report Market this tract

Acreage0.82 ac

Price per acre$25,366/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyFlat

ListedJul 23, 2024

Coordinates39.8023, -74.3492

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

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands35.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,272 ft away

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

Buildable area0.51 of 0.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$16,671

$14,393 – $18,948 · $20,330/ac on 0.82 ac

Asking vs estimate

+24.8%

Priced above the comp set

Weighted from 7 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 $20,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$9,526

$11,617/ac · +30.0% target margin

You need $11,274 off asking to hit this margin.

All-in cost$10,336

Net resale$15,337

Projected profit$5,001

ROI+48.4%

Annualized+69.3%

Break-even resale$13,701/ac

Profit if resale lands off target

-20%

$1,934

-10%

$3,468

$5,001

+10%

$6,535

+20%

$8,069

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-472066 Gravel · Power at road	0.9	Mar 23, 2026	$22,500	25,268	21,853	2.1 mi	86
NJ-232494 Gravel · Off grid	1.2	Apr 27, 2026	$20,900	17,117	17,405	1.9 mi	84
NJ-481739 Gravel · Off grid	0.7	Jul 27, 2026	$13,000	18,631	18,649	13.9 mi	83
NJ-301821 Dirt · Power at road	0.8	Mar 2, 2026	$14,100	18,773	18,896	10.0 mi	77
NJ-340157 Landlocked · Power at road	0.3	Jun 6, 2026	$4,200	14,000	17,546	1.6 mi	72
NJ-611455 Dirt · Full utilities	0.6	Dec 29, 2024	$15,800	27,707	23,920	8.7 mi	71
NJ-431272 Gravel · Off grid	0.5	May 8, 2025	$11,800	23,660	24,841	13.0 mi	68

Show adjustment detail for the top comp

Utilities (Power at road → Off grid)-15.0%
Market time (5 mo)+1.7%

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.

Build the listing kit Post a deal or JV