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Ocean County, NJ · Sold

NJ-644843

2343 County Road 172

$238,000
$35,629/ac · 6.68 ac
Acreage6.68 ac
Price per acre$35,629/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedMar 27, 2026
Coordinates39.7884, -74.1607
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

4 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands34.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

627 ft of deeded road frontage.

Power9,014 ft away

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

Buildable area4.16 of 6.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$171,128
$142,530$199,727 · $25,618/ac on 6.68 ac
Asking vs estimate
+39.1%
Priced above the comp set

Weighted from 5 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 $238,000
Maximum allowable offer
$97,788
$14,639/ac · +30.0% target margin

You need $140,212 off asking to hit this margin.

All-in cost$106,100
Net resale$157,438
Projected profit$51,338
ROI+48.4%
Annualized+69.2%
Break-even resale$17,264/ac
Profit if resale lands off target
-20%
$19,851
-10%
$35,594
0%
$51,338
+10%
$67,082
+20%
$82,826
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-494719
Gravel · Power at road
6.1Jul 5, 2025$149,50024,46225,5548.5 mi
74
NJ-813918
Gravel · Off grid
3.4Apr 6, 2025$53,00015,50018,7677.3 mi
67
NJ-173716
Dirt · Off grid
3.0Feb 4, 2025$50,30017,05824,0664.5 mi
65
NJ-545537
Gravel · Power at road
11.0Dec 19, 2023$285,00025,81529,8372.9 mi
65
NJ-166491
Dirt · Power at road
22.0Oct 12, 2024$484,60021,98730,89911.3 mi
55
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.