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Ocean County, NJ · Sold

NJ-166491

9870 County Road 154

$466,400
$21,162/ac · 22.04 ac
Acreage22.04 ac
Price per acre$21,162/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedAug 16, 2024
Coordinates39.9094, -74.3039
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
32
Moderate risk
Wetlands21.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power170 ft away

Power at or near the road.

Buildable area16.44 of 22.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$411,255
$321,199$501,310 · $18,659/ac on 22.04 ac
Asking vs estimate
+13.4%
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 $466,400
Maximum allowable offer
$235,003
$10,663/ac · +30.0% target margin

You need $231,397 off asking to hit this margin.

All-in cost$254,978
Net resale$378,354
Projected profit$123,376
ROI+48.4%
Annualized+69.2%
Break-even resale$12,575/ac
Profit if resale lands off target
-20%
$47,705
-10%
$85,541
0%
$123,376
+10%
$161,211
+20%
$199,047
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-596665
Landlocked · Power at road
25.0May 22, 2026$307,80012,31116,0047.5 mi
82
NJ-107736
Dirt · Power at road
54.3Dec 18, 2023$613,00011,28714,6440.9 mi
71
NJ-837039
Gravel · Off grid
32.8Jun 20, 2025$472,50014,41316,2367.0 mi
70
NJ-644843
Paved · Off grid
6.7Jul 27, 2026$217,10032,49324,96511.3 mi
66
NJ-545537
Gravel · Power at road
11.0Dec 19, 2023$285,00025,81522,8748.4 mi
61
Show adjustment detail for the top comp
  • Tract size (25 ac → 22.04 ac)+1.8%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (3 mo)+1.0%

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.